On Tuesday, Marketwise Inc (NASDAQ: MKTW) opened lower -10.55% from the last session, before settling in for the closing price of $0.67. Price fluctuations for MKTW have ranged from $0.65 to $3.62 over the past 52 weeks.
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During the last 5-year period, the sales growth of Financial Sector giant was 10.52%. Company’s average yearly earnings per share was noted 397.05% at the time writing. With a float of $27.21 million, this company’s outstanding shares have now reached $36.38 million.
Let’s determine the extent of company efficiency that accounts for 584 employees.
Marketwise Inc (MKTW) Insider Activity
A key investor’s attitude towards the stock of the Financial Data & Stock Exchanges industry is another important factor to consider. The insider ownership of Marketwise Inc is 38.07%, while institutional ownership is 31.58%. The most recent insider transaction that took place on Sep 17 ’24, was worth 7,519. In this transaction Director of this company bought 10,764 shares at a rate of $0.70, taking the stock ownership to the 24,038 shares. Before that another transaction happened on Sep 18 ’24, when Company’s Director bought 5,000 for $0.70, making the entire transaction worth $3,500. This insider now owns 255,812 shares in total.
Marketwise Inc (MKTW) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 397.05% per share during the next fiscal year.
Marketwise Inc (NASDAQ: MKTW) Trading Performance Indicators
Check out the current performance indicators for Marketwise Inc (MKTW). In the past quarter, the stock posted a quick ratio of 0.40. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.06. Likewise, its price to free cash flow for the trailing twelve months is 3.63.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.09, a number that is poised to hit 0.03 in the next quarter and is forecasted to reach 0.20 in one year’s time.
Technical Analysis of Marketwise Inc (MKTW)
Looking closely at Marketwise Inc (NASDAQ: MKTW), its last 5-days average volume was 0.3 million, which is a jump from its year-to-date volume of 0.15 million. As of the previous 9 days, the stock’s Stochastic %D was 20.86%. Additionally, its Average True Range was 0.06.
During the past 100 days, Marketwise Inc’s (MKTW) raw stochastic average was set at 0.67%, which indicates a significant decrease from 3.64% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 49.70% in the past 14 days, which was lower than the 81.78% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.8435, while its 200-day Moving Average is $1.5667. However, in the short run, Marketwise Inc’s stock first resistance to watch stands at $0.6418. Second resistance stands at $0.6859. The third major resistance level sits at $0.7115. If the price goes on to break the first support level at $0.5721, it is likely to go to the next support level at $0.5465. Should the price break the second support level, the third support level stands at $0.5024.
Marketwise Inc (NASDAQ: MKTW) Key Stats
There are currently 329,528K shares outstanding in the company with a market cap of 26.26 million. Presently, the company’s annual sales total 448,180 K according to its annual income of 1,780 K. Last quarter, the company’s sales amounted to 105,050 K and its income totaled 1,540 K.
