Witnessing the stock’s movement on the chart, on Thursday, Pure Storage Inc (NYSE: PSTG) had a quiet start as it plunged -0.95% to $46.94, before settling in for the price of $47.39 at the close. Taking a more long-term approach, PSTG posted a 52-week range of $31.00-$70.41.
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In the past 5-years timespan, the Technology sector firm’s annual sales growth was 16.38%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 12.60%. This publicly-traded company’s shares outstanding now amounts to $319.52 million, simultaneously with a float of $306.75 million. The organization now has a market capitalization sitting at $15.27 billion. At the time of writing, stock’s 50-day Moving Average stood at $59.53, while the 200-day Moving Average is $50.89.
Pure Storage Inc (PSTG) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Computer Hardware industry. Pure Storage Inc’s current insider ownership accounts for 5.68%, in contrast to 86.67% institutional ownership. According to the most recent insider trade that took place on Sep 04 ’24, this organization’s Chief Visionary Officer sold 100,000 shares at the rate of 47.41, making the entire transaction reach 4,741,000 in total value, affecting insider ownership by 600,000. Preceding that transaction, on Aug 20 ’24, Company’s Chief Visionary Officer sold 100,000 for 61.76, making the whole transaction’s value amount to 6,176,000. This particular insider is now the holder of 700,000 in total.
Pure Storage Inc (PSTG) Earnings and Revenue Records
Pure Storage Inc’s EPS increase for this current 12-month fiscal period is 12.60% and is forecasted to reach 1.84 in the upcoming year.
Pure Storage Inc (NYSE: PSTG) Trading Performance Indicators
Let’s observe the current performance indicators for Pure Storage Inc (PSTG). It’s Quick Ratio in the last reported quarter now stands at 1.89. The Stock has managed to achieve an average true range (ATR) of 2.55. Alongside those numbers, its PE Ratio stands at $116.85, and its Beta score is 1.12. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 5.07. Similarly, its price to free cash flow for trailing twelve months is now 23.36.
In the same vein, PSTG’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.40, a figure that is expected to reach 0.41 in the next quarter, and analysts are predicting that it will be 1.84 at the market close of one year from today.
Technical Analysis of Pure Storage Inc (PSTG)
Going through the that latest performance of [Pure Storage Inc, PSTG]. Its last 5-days volume of 6.86 million indicated improvement to the volume of 3.95 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 4.90% While, its Average True Range was 2.59.
Raw Stochastic average of Pure Storage Inc (PSTG) in the period of the previous 100 days is set at 2.69%, which indicates a major fall in contrast to 3.87% 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 72.66% that was higher than 48.17% volatility it exhibited in the past 100-days period.
