Witnessing the stock’s movement on the chart, on Wednesday, MeridianLink Inc (NYSE: MLNK) set off with pace as it heaved 1.31% to $24.04, before settling in for the price of $23.73 at the close. Taking a more long-term approach, MLNK posted a 52-week range of $14.89-$25.88.
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The Technology sector firm’s twelve-monthly sales growth has been 19.45% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was 0.77%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 243.05%. This publicly-traded company’s shares outstanding now amounts to $78.45 million, simultaneously with a float of $21.09 million. The organization now has a market capitalization sitting at $1.82 billion. At the time of writing, stock’s 50-day Moving Average stood at $22.69, while the 200-day Moving Average is $20.72.
MeridianLink Inc (MLNK) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Software – Application industry. MeridianLink Inc’s current insider ownership accounts for 72.18%, in contrast to 28.66% institutional ownership. According to the most recent insider trade that took place on Sep 16 ’24, this organization’s 10% Owner sold 21,958 shares at the rate of 24.00, making the entire transaction reach 527,082 in total value, affecting insider ownership by 11,030,488. Preceding that transaction, on Sep 17 ’24, Company’s 10% Owner sold 2,076 for 24.00, making the whole transaction’s value amount to 49,826. This particular insider is now the holder of 11,028,412 in total.
MeridianLink Inc (MLNK) Earnings and Revenue Records
MeridianLink Inc’s EPS increase for this current 12-month fiscal period is 243.05% and is forecasted to reach 0.43 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 1.40% through the next 5 years, which can be compared against the 0.77% growth it accomplished over the previous five years trading on the market.
MeridianLink Inc (NYSE: MLNK) Trading Performance Indicators
Let’s observe the current performance indicators for MeridianLink Inc (MLNK). It’s Quick Ratio in the last reported quarter now stands at 1.98. The Stock has managed to achieve an average true range (ATR) of 0.67. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 5.92. Similarly, its price to free cash flow for trailing twelve months is now 23.85.
In the same vein, MLNK’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.60, a figure that is expected to reach 0.08 in the next quarter, and analysts are predicting that it will be 0.43 at the market close of one year from today.
Technical Analysis of MeridianLink Inc (MLNK)
Going through the that latest performance of [MeridianLink Inc, MLNK]. Its last 5-days volume of 0.33 million indicated improvement to the volume of 0.24 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 70.07% While, its Average True Range was 0.73.
Raw Stochastic average of MeridianLink Inc (MLNK) in the period of the previous 100 days is set at 85.41%, which indicates a major rise in contrast to 56.27% 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 35.87% that was higher than 29.30% volatility it exhibited in the past 100-days period.
