On Friday, Procore Technologies Inc (NYSE: PCOR) opened higher 3.52% from the last session, before settling in for the closing price of $60.82. Price fluctuations for PCOR have ranged from $48.11 to $83.35 over the past 52 weeks.
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A company in the Technology sector has jumped its sales by 38.80% annually for the last half of the decade. Company’s average yearly earnings per share was noted 234.53% at the time writing. With a float of $134.77 million, this company’s outstanding shares have now reached $144.81 million.
In an organization with 3694 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 81.46%, operating margin of -10.99%, and the pretax margin is -8.38%.
Procore Technologies Inc (PCOR) Insider Updates
A key investor’s attitude towards the stock of the Software – Application industry is another important factor to consider. The insider ownership of Procore Technologies Inc is 8.74%, while institutional ownership is 85.21%. The most recent insider transaction that took place on Sep 17 ’24, was worth 521,030. In this transaction Director of this company sold 8,974 shares at a rate of $58.06, taking the stock ownership to the 1,371,104 shares. Before that another transaction happened on Sep 19 ’24, when Company’s Director sold 5,128 for $58.48, making the entire transaction worth $299,885. This insider now owns 1,360,848 shares in total.
Procore Technologies Inc (PCOR) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 234.53% per share during the next fiscal year.
Procore Technologies Inc (NYSE: PCOR) Trading Performance Indicators
Check out the current performance indicators for Procore Technologies Inc (PCOR). In the past quarter, the stock posted a quick ratio of 1.55. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.76. Likewise, its price to free cash flow for the trailing twelve months is 59.76.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.63, a number that is poised to hit 0.22 in the next quarter and is forecasted to reach 1.08 in one year’s time.
Technical Analysis of Procore Technologies Inc (PCOR)
Let’s dig in a bit further. During the last 5-days, its volume was 2.08 million. That was better than the volume of 1.54 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 64.08%. Additionally, its Average True Range was 1.96.
During the past 100 days, Procore Technologies Inc’s (PCOR) raw stochastic average was set at 58.64%, which indicates a significant decrease from 75.58% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 33.26% in the past 14 days, which was lower than the 46.31% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $57.96, while its 200-day Moving Average is $67.89. However, in the short run, Procore Technologies Inc’s stock first resistance to watch stands at $64.66. Second resistance stands at $66.36. The third major resistance level sits at $68.19. If the price goes on to break the first support level at $61.13, it is likely to go to the next support level at $59.30. Assuming the price breaks the second support level, the third support level stands at $57.60.
Procore Technologies Inc (NYSE: PCOR) Key Stats
There are currently 146,325K shares outstanding in the company with a market cap of 9.30 billion. Presently, the company’s annual sales total 950,010 K according to its annual income of -189,690 K. Last quarter, the company’s sales amounted to 284,350 K and its income totaled -6,310 K.
