Resideo Technologies Inc (REZI) is 10.10% away from 50-day simple Moving Average despite all headwinds

On Friday, Resideo Technologies Inc (NYSE: REZI) was -1.10% drop from the session before settling in for the closing price of $21.72. A 52-week range for REZI has been $14.19 – $23.43.

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It was noted that within the last five years, the titan of the Industrials sector saw sales topped by 5.45%. When this article was written, the company’s average yearly earnings per share was at 44.51%. With a float of $144.12 million, this company’s outstanding shares have now reached $145.39 million.

The extent of productivity of a business whose workforce counts for 14000 workers is very important to gauge. In terms of profitability, gross margin is 26.84%, operating margin of 8.5%, and the pretax margin is 4.38%.

Resideo Technologies Inc (REZI) Insider and Institutional Ownership

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Resideo Technologies Inc stocks. The insider ownership of Resideo Technologies Inc is 1.56%, while institutional ownership is 92.90%. The most recent insider transaction that took place on May 21 ’24, was worth 152,943. In this transaction Chief Accounting Officer of this company sold 7,057 shares at a rate of $21.67, taking the stock ownership to the 52,824 shares. Before that another transaction happened on May 14 ’24, when Company’s Director sold 9,000 for $21.80, making the entire transaction worth $196,210. This insider now owns 91,168 shares in total.

Resideo Technologies Inc (REZI) Latest Financial update

According to the Wall Street analysts, stocks earnings will be around 44.51% per share during the next fiscal year.

Resideo Technologies Inc (NYSE: REZI) Trading Performance Indicators

You can see what Resideo Technologies Inc (REZI) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.06. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.51. Likewise, its price to free cash flow for the trailing twelve months is 9.68.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.19, a number that is poised to hit 0.56 in the next quarter and is forecasted to reach 2.41 in one year’s time.

Technical Analysis of Resideo Technologies Inc (REZI)

The latest stats from [Resideo Technologies Inc, REZI] show that its last 5-days average volume of 0.73 million was inferior to 0.87 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 92.80%. Additionally, its Average True Range was 0.57.

During the past 100 days, Resideo Technologies Inc’s (REZI) raw stochastic average was set at 67.50%, which indicates a significant decrease from 87.82% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.64% in the past 14 days, which was lower than the 33.88% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $19.51, while its 200-day Moving Average is $20.13. Now, the first resistance to watch is $21.72. This is followed by the second major resistance level at $21.96. The third major resistance level sits at $22.11. If the price goes on to break the first support level at $21.33, it is likely to go to the next support level at $21.18. The third support level lies at $20.94 if the price breaches the second support level.

Resideo Technologies Inc (NYSE: REZI) Key Stats

There are 146,000K outstanding shares of the company, which has a market capitalization of 3.14 billion. As of now, sales total 6,242 M while income totals 210,000 K. Its latest quarter income was 1,589 M while its last quarter net income were 30,000 K.