A new trading day began on Tuesday, with Cannae Holdings Inc (NYSE: CNNE) stock price down -0.81% from the previous day of trading, before settling in for the closing price of $18.60. CNNE’s price has ranged from $15.93 to $22.99 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Consumer Cyclical sector saw sales slided by -10.00%. Meanwhile, its annual earnings per share averaged 13.88%. With a float of $55.89 million, this company’s outstanding shares have now reached $70.37 million.
The extent of productivity of a business whose workforce counts for 7741 workers is very important to gauge. In terms of profitability, gross margin is 13.02%, operating margin of -28.52%, and the pretax margin is -79.52%.
Cannae Holdings Inc (CNNE) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Restaurants Industry. The insider ownership of Cannae Holdings Inc is 10.92%, while institutional ownership is 81.57%. The most recent insider transaction that took place on Jul 26 ’24, was worth 175,252. Before that another transaction happened on May 24 ’24, when Company’s Director sold 25,752 for $19.38, making the entire transaction worth $499,074. This insider now owns 248,615 shares in total.
Cannae Holdings Inc (CNNE) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 13.88% per share during the next fiscal year.
Cannae Holdings Inc (NYSE: CNNE) Trading Performance Indicators
Here are Cannae Holdings Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.01. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.35.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -6.78, a number that is poised to hit -0.22 in the next quarter and is forecasted to reach -0.73 in one year’s time.
Technical Analysis of Cannae Holdings Inc (CNNE)
The latest stats from [Cannae Holdings Inc, CNNE] show that its last 5-days average volume of 0.59 million was superior to 0.55 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 51.44%. Additionally, its Average True Range was 0.42.
During the past 100 days, Cannae Holdings Inc’s (CNNE) raw stochastic average was set at 42.06%, which indicates a significant increase from 30.82% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.48% in the past 14 days, which was lower than the 27.71% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $19.13, while its 200-day Moving Average is $19.83. Now, the first resistance to watch is $18.74. This is followed by the second major resistance level at $19.03. The third major resistance level sits at $19.23. If the price goes on to break the first support level at $18.25, it is likely to go to the next support level at $18.05. The third support level lies at $17.76 if the price breaches the second support level.
Cannae Holdings Inc (NYSE: CNNE) Key Stats
With a market capitalization of 1.16 billion, the company has a total of 62,772K Shares Outstanding. Currently, annual sales are 570,000 K while annual income is -313,400 K. The company’s previous quarter sales were 118,000 K while its latest quarter income was -155,000 K.
