A new trading day began on Monday, with Super Micro Computer Inc (NASDAQ: SMCI) stock price down -0.80% from the previous day of trading, before settling in for the closing price of $419.74. SMCI’s price has ranged from $226.59 to $1229.00 over the past 52 weeks.
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Annual sales at Technology sector company grew by 38.97% over the past five years. Meanwhile, its annual earnings per share averaged 51.34%. With a float of $50.19 million, this company’s outstanding shares have now reached $58.56 million.
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Super Micro Computer Inc (SMCI) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Computer Hardware Industry. The insider ownership of Super Micro Computer Inc is 14.28%, while institutional ownership is 54.32%. The most recent insider transaction that took place on Jun 03 ’24, was worth 240,600. In this transaction Director of this company sold 300 shares at a rate of $802.00, taking the stock ownership to the 18,887 shares. Before that another transaction happened on May 30 ’24, when Company’s Director sold 500 for $839.17, making the entire transaction worth $419,586. This insider now owns 27,813 shares in total.
Super Micro Computer Inc (SMCI) Latest Financial update
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According to the Wall Street analysts, stocks earnings will be around 51.34% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 62.40% during the next five years compared to 70.59% growth over the previous five years of trading.
Super Micro Computer Inc (NASDAQ: SMCI) Trading Performance Indicators
Here are Super Micro Computer Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.93. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.63.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 19.90, a number that is poised to hit 7.37 in the next quarter and is forecasted to reach 44.91 in one year’s time.
Technical Analysis of Super Micro Computer Inc (SMCI)
Super Micro Computer Inc (NASDAQ: SMCI) saw its 5-day average volume 10.37 million, a positive change from its year-to-date volume of 8.35 million. As of the previous 9 days, the stock’s Stochastic %D was 35.78%. Additionally, its Average True Range was 36.78.
During the past 100 days, Super Micro Computer Inc’s (SMCI) raw stochastic average was set at 6.77%, which indicates a significant decrease from 38.97% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 72.26% in the past 14 days, which was lower than the 82.67% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $538.52, while its 200-day Moving Average is $705.33. Nevertheless, the first resistance level for the watch stands at $432.10 in the near term. At $447.80, the stock is likely to face the second major resistance level. The third major resistance level sits at $457.62. If the price goes on to break the first support level at $406.58, it is likely to go to the next support level at $396.76. The third support level lies at $381.06 if the price breaches the second support level.
Super Micro Computer Inc (NASDAQ: SMCI) Key Stats
With a market capitalization of 24.38 billion, the company has a total of 55,933K Shares Outstanding. Currently, annual sales are 14,943 M while annual income is 1,208 M. The company’s previous quarter sales were 5,308 M while its latest quarter income was 352,730 K.
