Airbnb Inc (ABNB) is heading in the right direction with an average volume of $4.64M

As on Thursday, Airbnb Inc (NASDAQ: ABNB) got off with the flyer as it spiked 0.82% to $116.16, before settling in for the price of $115.21 at the close. Taking a more long-term approach, ABNB posted a 52-week range of $110.38-$170.10.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

It was noted that the giant of the Consumer Cyclical sector posted annual sales growth of 27.50% over the last 5 years. Nevertheless, stock’s Earnings Per Share (EPS) this year is -42.61%. This publicly-traded company’s shares outstanding now amounts to $438.00 million, simultaneously with a float of $423.33 million. The organization now has a market capitalization sitting at $73.59 billion. At the time of writing, stock’s 50-day Moving Average stood at $133.15, while the 200-day Moving Average is $145.12.

Airbnb Inc (ABNB) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Travel Services industry. Airbnb Inc’s current insider ownership accounts for 33.18%, in contrast to 51.77% institutional ownership. According to the most recent insider trade that took place on Sep 03 ’24, this organization’s Chief Financial Officer sold 7,578 shares at the rate of 116.50, making the entire transaction reach 882,837 in total value, affecting insider ownership by 546,244. Preceding that transaction, on Sep 04 ’24, Company’s Chief Financial Officer sold 2,922 for 114.27, making the whole transaction’s value amount to 333,897. This particular insider is now the holder of 543,322 in total.

Airbnb Inc (ABNB) Earnings and Revenue Records

Airbnb Inc’s EPS decrease for this current 12-month fiscal period is -42.61% and is forecasted to reach 4.63 in the upcoming year.

Airbnb Inc (NASDAQ: ABNB) Trading Performance Indicators

Let’s observe the current performance indicators for Airbnb Inc (ABNB). It’s Quick Ratio in the last reported quarter now stands at 1.41. The Stock has managed to achieve an average true range (ATR) of 3.20. Alongside those numbers, its PE Ratio stands at $15.82, and its Beta score is 1.16. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 7.00. Similarly, its price to free cash flow for trailing twelve months is now 17.67.

In the same vein, ABNB’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 7.34, a figure that is expected to reach 2.16 in the next quarter, and analysts are predicting that it will be 4.63 at the market close of one year from today.

Technical Analysis of Airbnb Inc (ABNB)

Through scrutinizing the latest numbers posted by the [Airbnb Inc, ABNB], it can be observed that its last 5-days Average volume of 3.63 million was lower the volume of 4.56 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 25.14% While, its Average True Range was 2.84.

Raw Stochastic average of Airbnb Inc (ABNB) in the period of the previous 100 days is set at 10.25%, which indicates a major fall in contrast to 38.67% 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 21.40% that was lower than 35.47% volatility it exhibited in the past 100-days period.