ChargePoint Holdings Inc (CHPT) 20 Days SMA touches -4.24%: The odds favor the bear

ChargePoint Holdings Inc (NYSE: CHPT) kicked off on Monday, down -1.49% from the previous trading day, before settling in for the closing price of $1.34. Over the past 52 weeks, CHPT has traded in a range of $1.21-$3.76.

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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 33.40%. While this was happening, its average annual earnings per share was recorded 50.08%. With a float of $393.01 million, this company’s outstanding shares have now reached $421.12 million.

Considering the fact that the conglomerate employs 1650 people, you should pay attention to its efficiency factor. 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 Activity

Our next focus will be how large-scale investors are participating in this stock of the Specialty Retail Industry. The insider ownership of ChargePoint Holdings Inc is 8.94%, while institutional ownership is 46.36%. The most recent insider transaction that took place on Oct 11 ’24, was worth 34,700. Before that another transaction happened on Sep 23 ’24, when Company’s President and CEO sold 27,252 for $1.35, making the entire transaction worth $36,790. This insider now owns 2,304,489 shares in total.

ChargePoint Holdings Inc (CHPT) Earnings and Forecasts

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

Take a look at ChargePoint Holdings Inc’s (CHPT) current performance indicators. Last quarter, stock had a quick ratio of 1.32. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.29.

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)

Compared to the last year’s volume of 13.7 million, its volume of 11.67 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 20.63%. Additionally, its Average True Range was 0.09.

During the past 100 days, ChargePoint Holdings Inc’s (CHPT) raw stochastic average was set at 7.44%, which indicates a significant decrease from 19.05% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 52.96% in the past 14 days, which was lower than the 89.11% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.5514, while its 200-day Moving Average is $1.7592. Nevertheless, the first resistance level for the watch stands at $1.3433 in the near term. At $1.3667, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.3833. If the price goes on to break the first support level at $1.3033, it is likely to go to the next support level at $1.2867. Should the price break the second support level, the third support level stands at $1.2633.

ChargePoint Holdings Inc (NYSE: CHPT) Key Stats

The company with the Market Capitalisation of 569.69 million has total of 423,360K Shares Outstanding. Its annual sales at the moment are 506,640 K in contrast with the sum of -457,610 K annual income. Company’s last quarter sales were recorded 108,540 K and last quarter income was -68,870 K.