Freshworks Inc (NASDAQ: FRSH) open the trading on Wednesday, with a bit cautious approach as it glided -0.36% to $11.19, before settling in for the price of $11.23 at the close. Taking a more long-term approach, FRSH posted a 52-week range of $10.96-$24.98.
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In the past 5-years timespan, the Technology sector firm’s annual sales growth was 36.86%. Meanwhile, its Annual Earning per share during the time was 32.03%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 28.31%. This publicly-traded company’s shares outstanding now amounts to $208.94 million, simultaneously with a float of $168.62 million. The organization now has a market capitalization sitting at $3.38 billion. At the time of writing, stock’s 50-day Moving Average stood at $12.16, while the 200-day Moving Average is $16.87.
Freshworks Inc (FRSH) Ownership Facts and Figures
Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Software – Application industry. Freshworks Inc’s current insider ownership accounts for 44.18%, in contrast to 46.77% institutional ownership. According to the most recent insider trade that took place on Sep 10 ’24, this organization’s Director sold 4,685 shares at the rate of 11.17, making the entire transaction reach 52,331 in total value, affecting insider ownership by 35,853. Preceding that transaction, on Sep 09 ’24, Company’s Director sold 6,298 for 11.48, making the whole transaction’s value amount to 72,301. This particular insider is now the holder of 216,808 in total.
Freshworks Inc (FRSH) Earnings and Revenue Records
Freshworks Inc’s EPS increase for this current 12-month fiscal period is 28.31% and is forecasted to reach 0.41 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 30.00% through the next 5 years, which can be compared against the 32.03% growth it accomplished over the previous five years trading on the market.
Freshworks Inc (NASDAQ: FRSH) Trading Performance Indicators
Let’s observe the current performance indicators for Freshworks Inc (FRSH). It’s Quick Ratio in the last reported quarter now stands at 3.19. The Stock has managed to achieve an average true range (ATR) of 0.38. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 5.18. Similarly, its price to free cash flow for trailing twelve months is now 27.67.
In the same vein, FRSH’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.35, a figure that is expected to reach 0.08 in the next quarter, and analysts are predicting that it will be 0.41 at the market close of one year from today.
Technical Analysis of Freshworks Inc (FRSH)
[Freshworks Inc, FRSH] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 23.58% While, its Average True Range was 0.36.
Raw Stochastic average of Freshworks Inc (FRSH) in the period of the previous 100 days is set at 2.94%, which indicates a major fall in contrast to 11.86% 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 31.05% that was lower than 46.86% volatility it exhibited in the past 100-days period.
