$2.98M in average volume shows that Nasdaq Inc (NDAQ) is heading in the right direction

A new trading day began on Friday, with Nasdaq Inc (NASDAQ: NDAQ) stock price down -1.10% from the previous day of trading, before settling in for the closing price of $72.92. NDAQ’s price has ranged from $47.38 to $74.88 over the past 52 weeks.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Financial sector was 7.36%. Meanwhile, its annual earnings per share averaged -2.74%. With a float of $326.16 million, this company’s outstanding shares have now reached $575.16 million.

Considering the fact that the conglomerate employs 8525 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 67.69%, operating margin of 26.06%, and the pretax margin is 20.14%.

Nasdaq Inc (NDAQ) Insider Activity

As we move forward, let’s examine how large-scale investors are investing in this stock of the Financial Data & Stock Exchanges Industry. The insider ownership of Nasdaq Inc is 43.26%, while institutional ownership is 59.64%. The most recent insider transaction that took place on Sep 12 ’24, was worth 791,670. In this transaction Executive Vice President of this company sold 11,000 shares at a rate of $71.97, taking the stock ownership to the 113,263 shares. Before that another transaction happened on Sep 12 ’24, when Company’s Officer proposed sale 11,000 for $71.98, making the entire transaction worth $791,761.

Nasdaq Inc (NDAQ) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around -2.74% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.22% during the next five years compared to 18.00% growth over the previous five years of trading.

Nasdaq Inc (NASDAQ: NDAQ) Trading Performance Indicators

Here are Nasdaq Inc’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.31. Likewise, its price to free cash flow for the trailing twelve months is 26.97.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.74, a number that is poised to hit 0.68 in the next quarter and is forecasted to reach 3.10 in one year’s time.

Technical Analysis of Nasdaq Inc (NDAQ)

Compared to the last year’s volume of 2.91 million, its volume of 2.83 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 24.58%. Additionally, its Average True Range was 1.09.

During the past 100 days, Nasdaq Inc’s (NDAQ) raw stochastic average was set at 83.40%, which indicates a significant increase from 10.17% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 11.37% in the past 14 days, which was lower than the 19.62% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $70.82, while its 200-day Moving Average is $62.30. Nevertheless, the first resistance level for the watch stands at $73.08 in the near term. At $74.03, the stock is likely to face the second major resistance level. The third major resistance level sits at $74.67. If the price goes on to break the first support level at $71.49, it is likely to go to the next support level at $70.85. Should the price break the second support level, the third support level stands at $69.89.

Nasdaq Inc (NASDAQ: NDAQ) Key Stats

With a market capitalization of 41.45 billion, the company has a total of 575,207K Shares Outstanding. Currently, annual sales are 6,064 M while annual income is 1,059 M. The company’s previous quarter sales were 1,792 M while its latest quarter income was 222,000 K.