On Monday, MakeMyTrip Ltd (NASDAQ: MMYT) opened higher 9.97% from the last session, before settling in for the closing price of $90.36. Price fluctuations for MMYT have ranged from $36.81 to $110.49 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 Consumer Cyclical sector was 30.05%. Company’s average yearly earnings per share was noted -40.26% at the time writing. With a float of $63.39 million, this company’s outstanding shares have now reached $70.11 million.
Considering the fact that the conglomerate employs 4576 people, you should pay attention to its efficiency factor.
MakeMyTrip Ltd (MMYT) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Travel Services industry is another important factor to consider. The insider ownership of MakeMyTrip Ltd is 42.26%, while institutional ownership is 50.57%. The most recent insider transaction that took place on Sep 12 ’24, was worth 257,236. Before that another transaction happened on Aug 23 ’24, when Company’s Officer proposed sale 7,389 for $100.01, making the entire transaction worth $738,959.
MakeMyTrip Ltd (MMYT) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around -40.26% per share during the next fiscal year.
MakeMyTrip Ltd (NASDAQ: MMYT) Trading Performance Indicators
Check out the current performance indicators for MakeMyTrip Ltd (MMYT). In the past quarter, the stock posted a quick ratio of 2.77. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 12.98.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.68, a number that is poised to hit 0.17 in the next quarter and is forecasted to reach 1.66 in one year’s time.
Technical Analysis of MakeMyTrip Ltd (MMYT)
Compared to the last year’s volume of 0.75 million, its volume of 1.35 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 25.98%. Additionally, its Average True Range was 4.87.
During the past 100 days, MakeMyTrip Ltd’s (MMYT) raw stochastic average was set at 70.69%, which indicates a significant increase from 54.85% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 73.91% in the past 14 days, which was higher than the 60.26% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $96.18, while its 200-day Moving Average is $74.75. Nevertheless, the first resistance level for the watch stands at $102.08 in the near term. At $104.79, the stock is likely to face the second major resistance level. The third major resistance level sits at $109.98. If the price goes on to break the first support level at $94.18, it is likely to go to the next support level at $88.99. Now, if the price goes above the second support level, the third support stands at $86.28.
MakeMyTrip Ltd (NASDAQ: MMYT) Key Stats
There are currently 109,782K shares outstanding in the company with a market cap of 10.91 billion. Presently, the company’s annual sales total 782,520 K according to its annual income of 216,800 K. Last quarter, the company’s sales amounted to 254,520 K and its income totaled 21,030 K.
