Procore Technologies Inc (PCOR) average volume reaches $1.89M: Are the Stars Lining Up for Investors?

As on Wednesday, Procore Technologies Inc (NYSE: PCOR) got off with the flyer as it spiked 1.71% to $59.47, before settling in for the price of $58.47 at the close. Taking a more long-term approach, PCOR posted a 52-week range of $48.11-$83.35.

It was noted that the giant of the Technology sector posted annual sales growth of 38.80% over the last 5 years. Meanwhile, its Annual Earning per share during the time was -19.72%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 234.25%. This publicly-traded company’s shares outstanding now amounts to $144.81 million, simultaneously with a float of $134.42 million. The organization now has a market capitalization sitting at $8.78 billion. At the time of writing, stock’s 50-day Moving Average stood at $63.77, while the 200-day Moving Average is $67.93.

Procore Technologies Inc (PCOR) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Software – Application industry. Procore Technologies Inc’s current insider ownership accounts for 8.98%, in contrast to 86.31% institutional ownership. According to the most recent insider trade that took place on Aug 19 ’24, this organization’s Director sold 25,000 shares at the rate of 57.53, making the entire transaction reach 1,438,250 in total value, affecting insider ownership by 1,380,078. Preceding that transaction, on Aug 09 ’24, Company’s Director sold 3,846 for 53.84, making the whole transaction’s value amount to 207,069. This particular insider is now the holder of 1,436,621 in total.

Procore Technologies Inc (PCOR) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.09 per share during the current fiscal year.

Procore Technologies Inc’s EPS increase for this current 12-month fiscal period is 234.25% and is forecasted to reach 1.08 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 75.90% through the next 5 years, which can be compared against the -19.72% growth it accomplished over the previous five years trading on the market.

Procore Technologies Inc (NYSE: PCOR) Trading Performance Indicators

Let’s observe the current performance indicators for Procore Technologies Inc (PCOR). It’s Quick Ratio in the last reported quarter now stands at 1.55. The Stock has managed to achieve an average true range (ATR) of 2.61. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 8.27. Similarly, its price to free cash flow for trailing twelve months is now 56.45.

In the same vein, PCOR’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.63, a figure that is expected to reach 0.22 in the next quarter, and analysts are predicting that it will be 1.08 at the market close of one year from today.

Technical Analysis of Procore Technologies Inc (PCOR)

Through scrutinizing the latest numbers posted by the [Procore Technologies Inc, PCOR], it can be observed that its last 5-days Average volume of 1.58 million was better the volume of 1.51 million, it posted the year before. During the previous 9 days, stock’s Stochastic%D was recorded 85.18% While, its Average True Range was 2.49.

Raw Stochastic average of Procore Technologies Inc (PCOR) in the period of the previous 100 days is set at 30.17%, which indicates a major fall in contrast to 89.86% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 84.60% that was higher than 43.81% volatility it exhibited in the past 100-days period.