Akamai Technologies Inc (AKAM) is set for another landmark as it hit the volume of 1.01 million

Akamai Technologies Inc (NASDAQ: AKAM) flaunted slowness of -0.47% at $97.41, before settling in for the price of $97.87 at the close. Taking a more long-term approach, AKAM posted a 52-week range of $87.59-$129.17.

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The Technology Sector giants’ yearly sales growth during the last 5-year period was 7.05%. Meanwhile, its Annual Earning per share during the time was 14.90%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 3.74%. This publicly-traded company’s shares outstanding now amounts to $151.23 million, simultaneously with a float of $148.68 million. The organization now has a market capitalization sitting at $14.76 billion. At the time of writing, stock’s 50-day Moving Average stood at $97.75, while the 200-day Moving Average is $104.53.

Akamai Technologies Inc (AKAM) Ownership Facts and Figures

Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Akamai Technologies Inc industry. Akamai Technologies Inc’s current insider ownership accounts for 1.88%, in contrast to 96.28% institutional ownership. According to the most recent insider trade that took place on Sep 13 ’24, this organization’s EVP – Global Sales sold 4,000 shares at the rate of 97.30, making the entire transaction reach 389,200 in total value, affecting insider ownership by 30,703.

Akamai Technologies Inc (AKAM) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.62 per share during the current fiscal year.

Akamai Technologies Inc’s EPS increase for this current 12-month fiscal period is 3.74% and is forecasted to reach 6.84 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 6.60% through the next 5 years, which can be compared against the 14.90% growth it accomplished over the previous five years trading on the market.

Akamai Technologies Inc (NASDAQ: AKAM) Trading Performance Indicators

Let’s observe the current performance indicators for Akamai Technologies Inc (AKAM). 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 1.95. Alongside those numbers, its PE Ratio stands at $24.15, and its Beta score is 0.68. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 3.76. Similarly, its price to free cash flow for trailing twelve months is now 17.11.

In the same vein, AKAM’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 4.03, a figure that is expected to reach 1.59 in the next quarter, and analysts are predicting that it will be 6.84 at the market close of one year from today.

Technical Analysis of Akamai Technologies Inc (AKAM)

Now, what If we examine the latest scores posted by [Akamai Technologies Inc, AKAM]. During the last 5-days, its volume was lower the volume of 1.64 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 69.76% While, its Average True Range was 1.88.

Raw Stochastic average of Akamai Technologies Inc (AKAM) in the period of the previous 100 days is set at 63.11%, which indicates a major rise in contrast to 43.88% 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 21.09% that was lower than 31.26% volatility it exhibited in the past 100-days period.