A new trading day began on Friday, with Dropbox Inc (NASDAQ: DBX) stock price remained unchanged from the previous day of trading, before settling in for the closing price of $25.90. DBX’s price has ranged from $20.68 to $33.43 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 Technology sector was 12.53%. Meanwhile, its annual earnings per share averaged 13.16%. With a float of $234.47 million, this company’s outstanding shares have now reached $256.00 million.
Considering the fact that the conglomerate employs 2693 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 82.0%, operating margin of 20.18%, and the pretax margin is 27.33%.
Dropbox Inc (DBX) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Infrastructure Industry. The insider ownership of Dropbox Inc is 27.95%, while institutional ownership is 69.65%. 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) Recent Fiscal highlights
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
Here are Dropbox Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.02. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.33. Likewise, its price to free cash flow for the trailing twelve months is 10.18.
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)
Compared to the last year’s volume of 3.79 million, its volume of 2.15 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 89.32%. Additionally, its Average True Range was 0.47.
During the past 100 days, Dropbox Inc’s (DBX) raw stochastic average was set at 97.39%, which indicates a significant increase from 89.39% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 12.85% in the past 14 days, which was lower than the 27.13% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $24.08, while its 200-day Moving Average is $24.87. Nevertheless, the first resistance level for the watch stands at $26.03 in the near term. At $26.17, the stock is likely to face the second major resistance level. The third major resistance level sits at $26.29. If the price goes on to break the first support level at $25.77, it is likely to go to the next support level at $25.65. Now, if the price goes above the second support level, the third support stands at $25.51.
Dropbox Inc (NASDAQ: DBX) Key Stats
With a market capitalization of 8.43 billion, the company has a total of 330,192K Shares Outstanding. Currently, annual sales are 2,502 M while annual income is 453,600 K. The company’s previous quarter sales were 634,500 K while its latest quarter income was 110,500 K.
