On Monday, ChargePoint Holdings Inc (NYSE: CHPT) was 3.52% up from the session before settling in for the closing price of $1.42. A 52-week range for CHPT has been $1.21 – $4.62.
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A company in the Consumer Cyclical sector has jumped its sales by 33.40% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 50.08%. With a float of $392.44 million, this company’s outstanding shares have now reached $421.12 million.
In an organization with 1650 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 10.42%, operating margin of -82.39%, and the pretax margin is -88.77%.
ChargePoint Holdings Inc (CHPT) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward ChargePoint Holdings Inc stocks. The insider ownership of ChargePoint Holdings Inc is 9.07%, while institutional ownership is 46.47%. The most recent insider transaction that took place on Sep 23 ’24, was worth 36,790. In this transaction President and CEO of this company sold 27,252 shares at a rate of $1.35, taking the stock ownership to the 2,304,489 shares. Before that another transaction happened on Sep 23 ’24, when Company’s CCXO sold 13,361 for $1.35, making the entire transaction worth $18,037. This insider now owns 873,004 shares in total.
ChargePoint Holdings Inc (CHPT) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 50.08% per share during the next fiscal year.
ChargePoint Holdings Inc (NYSE: CHPT) Trading Performance Indicators
You can see what ChargePoint Holdings Inc (CHPT) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.32. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.44.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.98, a number that is poised to hit -0.17 in the next quarter and is forecasted to reach -0.34 in one year’s time.
Technical Analysis of ChargePoint Holdings Inc (CHPT)
Let’s dig in a bit further. During the last 5-days, its volume was 12.23 million. That was inferior than the volume of 13.76 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 73.30%. Additionally, its Average True Range was 0.10.
During the past 100 days, ChargePoint Holdings Inc’s (CHPT) raw stochastic average was set at 19.83%, which indicates a significant decrease from 65.52% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 54.21% in the past 14 days, which was lower than the 89.35% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.6208, while its 200-day Moving Average is $1.7873. However, in the short run, ChargePoint Holdings Inc’s stock first resistance to watch stands at $1.5100. Second resistance stands at $1.5500. The third major resistance level sits at $1.6100. If the price goes on to break the first support level at $1.4100, it is likely to go to the next support level at $1.3500. Assuming the price breaks the second support level, the third support level stands at $1.3100.
ChargePoint Holdings Inc (NYSE: CHPT) Key Stats
There are 423,360K outstanding shares of the company, which has a market capitalization of 634.42 million. As of now, sales total 506,640 K while income totals -457,610 K. Its latest quarter income was 108,540 K while its last quarter net income were -68,870 K.
