Daktronics Inc. (DAKT) is -3.14% away from 50-day simple Moving Average despite all headwinds

Daktronics Inc. (NASDAQ: DAKT) established initial surge of 3.48% at $13.08, before settling in for the price of $12.64 at the close. Taking a more long-term approach, DAKT posted a 52-week range of $7.20-$15.97.

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In the past 5-years timespan, the Technology sector firm’s annual sales growth was 8.94%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -41.22%. This publicly-traded company’s shares outstanding now amounts to $46.21 million, simultaneously with a float of $41.43 million. The organization now has a market capitalization sitting at $610.18 million. At the time of writing, stock’s 50-day Moving Average stood at $13.50, while the 200-day Moving Average is $11.02.

Daktronics Inc. (DAKT) Ownership Facts and Figures

Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Daktronics Inc. industry. Daktronics Inc.’s current insider ownership accounts for 11.18%, in contrast to 68.70% institutional ownership. According to the most recent insider trade that took place on Oct 03 ’24, this organization’s VP of Manufacturing sold 15,400 shares at the rate of 13.28, making the entire transaction reach 204,486 in total value, affecting insider ownership by 2,500. Preceding that transaction, on Sep 27 ’24, Company’s Exec Vice President sold 25,000 for 12.89, making the whole transaction’s value amount to 322,250. This particular insider is now the holder of 85,446 in total.

Daktronics Inc. (DAKT) Earnings and Revenue Records

Daktronics Inc.’s EPS decrease for this current 12-month fiscal period is -41.22% and is forecasted to reach 1.17 in the upcoming year.

Daktronics Inc. (NASDAQ: DAKT) Trading Performance Indicators

Let’s observe the current performance indicators for Daktronics Inc. (DAKT). It’s Quick Ratio in the last reported quarter now stands at 1.48. The Stock has managed to achieve an average true range (ATR) of 0.50. Alongside those numbers, its PE Ratio stands at $63.93, and its Beta score is 1.15. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.75. Similarly, its price to free cash flow for trailing twelve months is now 13.28.

In the same vein, DAKT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.20, a figure that is expected to reach 0.17 in the next quarter, and analysts are predicting that it will be 1.17 at the market close of one year from today.

Technical Analysis of Daktronics Inc. (DAKT)

Now, what If we examine the latest scores posted by [Daktronics Inc., DAKT]. During the last 5-days, its volume was lower the volume of 0.52 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 41.31% While, its Average True Range was 0.48.

Raw Stochastic average of Daktronics Inc. (DAKT) in the period of the previous 100 days is set at 46.28%, which indicates a major fall in contrast to 77.98% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 33.24% that was lower than 52.90% volatility it exhibited in the past 100-days period.