On Monday, Dropbox Inc (NASDAQ: DBX) was -0.63% drop from the session before settling in for the closing price of $25.53. A 52-week range for DBX has been $20.68 – $33.43.
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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 12.53%. When this article was written, the company’s average yearly earnings per share was at 13.16%. With a float of $234.47 million, this company’s outstanding shares have now reached $256.00 million.
The extent of productivity of a business whose workforce counts for 2693 workers is very important to gauge.
Dropbox Inc (DBX) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Dropbox Inc stocks. The insider ownership of Dropbox Inc is 27.95%, while institutional ownership is 69.63%. The most recent insider transaction that took place on Oct 01 ’24, was worth 8,826,317. In this transaction Chief Executive Officer of this company sold 351,306 shares at a rate of $25.12, taking the stock ownership to the 0 shares. Before that another transaction happened on Oct 02 ’24, when Company’s Chief Executive Officer sold 97,362 for $25.26, making the entire transaction worth $2,459,160. This insider now owns 0 shares in total.
Dropbox Inc (DBX) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 13.16% per share during the next fiscal year.
Dropbox Inc (NASDAQ: DBX) Trading Performance Indicators
You can see what Dropbox Inc (DBX) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.02. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.26. Likewise, its price to free cash flow for the trailing twelve months is 9.97.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.72, a number that is poised to hit 0.53 in the next quarter and is forecasted to reach 2.38 in one year’s time.
Technical Analysis of Dropbox Inc (DBX)
The latest stats from [Dropbox Inc, DBX] show that its last 5-days average volume of 2.72 million was inferior to 3.84 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 71.37%. Additionally, its Average True Range was 0.51.
During the past 100 days, Dropbox Inc’s (DBX) raw stochastic average was set at 89.85%, which indicates a significant increase from 67.98% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 13.60% in the past 14 days, which was lower than the 27.16% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $23.91, while its 200-day Moving Average is $24.98. Now, the first resistance to watch is $25.75. This is followed by the second major resistance level at $26.14. The third major resistance level sits at $26.37. If the price goes on to break the first support level at $25.13, it is likely to go to the next support level at $24.90. Assuming the price breaks the second support level, the third support level stands at $24.51.
Dropbox Inc (NASDAQ: DBX) Key Stats
There are 330,192K outstanding shares of the company, which has a market capitalization of 8.26 billion. As of now, sales total 2,502 M while income totals 453,600 K. Its latest quarter income was 634,500 K while its last quarter net income were 110,500 K.
