On Friday, Clearwater Analytics Holdings Inc (NYSE: CWAN) was 2.78% up from the session before settling in for the closing price of $23.36. A 52-week range for CWAN has been $15.62 – $24.93.
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
Annual sales at Technology sector company grew by 21.68% over the past five years. When this article was written, the company’s average yearly earnings per share was at 31.79%. With a float of $139.33 million, this company’s outstanding shares have now reached $218.79 million.
Let’s look at the performance matrix of the company that is accounted for 1756 employees. 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
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Clearwater Analytics Holdings Inc stocks. The insider ownership of Clearwater Analytics Holdings Inc is 36.32%, while institutional ownership is 78.88%. The most recent insider transaction that took place on Sep 10 ’24, was worth 92,387. In this transaction Chief Revenue Officer of this company sold 3,890 shares at a rate of $23.75, taking the stock ownership to the 4,844 shares. Before that another transaction happened on Sep 10 ’24, when Company’s Officer proposed sale 3,890 for $24.15, making the entire transaction worth $93,944.
Clearwater Analytics Holdings Inc (CWAN) Performance Highlights and Predictions
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
You can see what Clearwater Analytics Holdings Inc (CWAN) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 4.73. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 13.03. Likewise, its price to free cash flow for the trailing twelve months is 50.40.
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)
Clearwater Analytics Holdings Inc (NYSE: CWAN) saw its 5-day average volume 0.93 million, a negative change from its year-to-date volume of 1.5 million. As of the previous 9 days, the stock’s Stochastic %D was 24.76%. Additionally, its Average True Range was 0.64.
During the past 100 days, Clearwater Analytics Holdings Inc’s (CWAN) raw stochastic average was set at 90.12%, which indicates a significant increase from 46.20% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.56% in the past 14 days, which was lower than the 40.68% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $22.12, while its 200-day Moving Average is $19.43. Nevertheless, the first resistance level for the watch stands at $24.29 in the near term. At $24.57, the stock is likely to face the second major resistance level. The third major resistance level sits at $25.03. If the price goes on to break the first support level at $23.55, it is likely to go to the next support level at $23.09. Assuming the price breaks the second support level, the third support level stands at $22.81.
Clearwater Analytics Holdings Inc (NYSE: CWAN) Key Stats
There are 245,717K outstanding shares of the company, which has a market capitalization of 5.25 billion. As of now, sales total 368,170 K while income totals -21,630 K. Its latest quarter income was 106,790 K while its last quarter net income were -430 K.
