Clearwater Analytics Holdings Inc (NYSE: CWAN) kicked off on Tuesday, up 0.25% from the previous trading day, before settling in for the closing price of $24.26. Over the past 52 weeks, CWAN has traded in a range of $15.62-$24.88.
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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 21.68%. While this was happening, its average annual earnings per share was recorded 31.79%. With a float of $137.32 million, this company’s outstanding shares have now reached $218.79 million.
The extent of productivity of a business whose workforce counts for 1756 workers is very important to gauge. In terms of profitability, gross margin is 71.75%, operating margin of 0.51%, and the pretax margin is -0.79%.
Clearwater Analytics Holdings Inc (CWAN) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Software – Application Industry. The insider ownership of Clearwater Analytics Holdings Inc is 37.24%, while institutional ownership is 78.63%. The most recent insider transaction that took place on Aug 26 ’24, was worth 43,144,761. Before that another transaction happened on Aug 21 ’24, when Company’s Chief Client Officer sold 21,497 for $24.30, making the entire transaction worth $522,454. This insider now owns 81,812 shares in total.
Clearwater Analytics Holdings Inc (CWAN) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 0.09 earnings per share (EPS), higher than consensus estimate (set at 0.08) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.12 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 31.79% per share during the next fiscal year.
Clearwater Analytics Holdings Inc (NYSE: CWAN) Trading Performance Indicators
Take a look at Clearwater Analytics Holdings Inc’s (CWAN) current performance indicators. Last quarter, stock had a quick ratio of 4.73. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 13.20. Likewise, its price to free cash flow for the trailing twelve months is 51.06.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.02, a number that is poised to hit 0.11 in the next quarter and is forecasted to reach 0.52 in one year’s time.
Technical Analysis of Clearwater Analytics Holdings Inc (CWAN)
The latest stats from [Clearwater Analytics Holdings Inc, CWAN] show that its last 5-days average volume of 1.09 million was inferior to 1.52 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 73.75%. Additionally, its Average True Range was 0.70.
During the past 100 days, Clearwater Analytics Holdings Inc’s (CWAN) raw stochastic average was set at 93.95%, which indicates a significant increase from 80.56% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.91% in the past 14 days, which was lower than the 40.46% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $20.84, while its 200-day Moving Average is $19.23. Now, the first resistance to watch is $24.44. This is followed by the second major resistance level at $24.56. The third major resistance level sits at $24.76. If the price goes on to break the first support level at $24.13, it is likely to go to the next support level at $23.93. Assuming the price breaks the second support level, the third support level stands at $23.81.
Clearwater Analytics Holdings Inc (NYSE: CWAN) Key Stats
The company with the Market Capitalisation of 5.32 billion has total of 245,717K Shares Outstanding. Its annual sales at the moment are 368,170 K in contrast with the sum of -21,630 K annual income. Company’s last quarter sales were recorded 106,790 K and last quarter income was -430 K.
