No matter how cynical the overall market is Akoustis Technologies Inc (AKTS) performance over the last week is recorded -19.53%

Akoustis Technologies Inc (NASDAQ: AKTS) flaunted slowness of -11.50% at $0.08, before settling in for the price of $0.09 at the close. Taking a more long-term approach, AKTS posted a 52-week range of $0.07-$1.79.

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The Technology Sector giants’ yearly sales growth during the last 5-year period was 125.60%. Meanwhile, its Annual Earning per share during the time was 0.80%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 20.45%. This publicly-traded company’s shares outstanding now amounts to $109.17 million, simultaneously with a float of $103.62 million. The organization now has a market capitalization sitting at $8.91 million. At the time of writing, stock’s 50-day Moving Average stood at $0.1128, while the 200-day Moving Average is $0.4542.

Akoustis Technologies Inc (AKTS) Ownership Facts and Figures

Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Akoustis Technologies Inc industry. Akoustis Technologies Inc’s current insider ownership accounts for 5.08%, in contrast to 20.94% institutional ownership. According to the most recent insider trade that took place on Jan 29 ’24, this organization’s Director bought 50,000 shares at the rate of 0.50, making the entire transaction reach 25,000 in total value, affecting insider ownership by 415,924. Preceding that transaction, on Jan 29 ’24, Company’s EVP of Business Development bought 80,000 for 0.50, making the whole transaction’s value amount to 40,000. This particular insider is now the holder of 334,622 in total.

Akoustis Technologies Inc (AKTS) Earnings and Revenue Records

Akoustis Technologies Inc’s EPS increase for this current 12-month fiscal period is 20.45% and is forecasted to reach -0.31 in the upcoming year.

Akoustis Technologies Inc (NASDAQ: AKTS) Trading Performance Indicators

Let’s observe the current performance indicators for Akoustis Technologies Inc (AKTS). It’s Quick Ratio in the last reported quarter now stands at 1.29. The Stock has managed to achieve an average true range (ATR) of 0.01. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.30.

In the same vein, AKTS’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.00, a figure that is expected to reach -0.11 in the next quarter, and analysts are predicting that it will be -0.31 at the market close of one year from today.

Technical Analysis of Akoustis Technologies Inc (AKTS)

Now, what If we examine the latest scores posted by [Akoustis Technologies Inc, AKTS]. During the last 5-days, its volume was lower the volume of 7.59 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 34.90% While, its Average True Range was 0.0130.

Raw Stochastic average of Akoustis Technologies Inc (AKTS) in the period of the previous 100 days is set at 1.42%, which indicates a major fall in contrast to 20.25% 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 125.85% that was lower than 223.15% volatility it exhibited in the past 100-days period.