On Monday, ChargePoint Holdings Inc (NYSE: CHPT) opened lower -2.94% from the last session, before settling in for the closing price of $1.36. Price fluctuations for CHPT have ranged from $1.21 to $3.54 over the past 52 weeks.
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During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 33.40%. Company’s average yearly earnings per share was noted 50.08% at the time writing. With a float of $393.03 million, this company’s outstanding shares have now reached $421.12 million.
Let’s determine the extent of company efficiency that accounts for 1650 employees. 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
A key investor’s attitude towards the stock of the Specialty Retail industry is another important factor to consider. The insider ownership of ChargePoint Holdings Inc is 8.93%, while institutional ownership is 46.41%. The most recent insider transaction that took place on Oct 11 ’24, was worth 34,700. In this transaction Chief Accounting Officer of this company sold 26,288 shares at a rate of $1.32, taking the stock ownership to the 390,596 shares. Before that another transaction happened on Oct 11 ’24, when Company’s Officer proposed sale 26,288 for $1.32, making the entire transaction worth $34,700.
ChargePoint Holdings Inc (CHPT) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 7/31/2024, the company posted -0.28 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -0.22) by -0.06. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.07 per share during the current fiscal year.
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
Check out the current performance indicators for ChargePoint Holdings Inc (CHPT). In the past quarter, the stock posted 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)
Looking closely at ChargePoint Holdings Inc (NYSE: CHPT), its last 5-days average volume was 7.99 million, which is a drop from its year-to-date volume of 13.56 million. As of the previous 9 days, the stock’s Stochastic %D was 28.08%. Additionally, its Average True Range was 0.07.
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 46.98% in the past 14 days, which was lower than the 88.29% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.5114, while its 200-day Moving Average is $1.7370. However, in the short run, ChargePoint Holdings Inc’s stock first resistance to watch stands at $1.3567. Second resistance stands at $1.3933. The third major resistance level sits at $1.4167. If the price goes on to break the first support level at $1.2967, it is likely to go to the next support level at $1.2733. Should the price break the second support level, the third support level stands at $1.2367.
ChargePoint Holdings Inc (NYSE: CHPT) Key Stats
There are currently 423,360K shares outstanding in the company with a market cap of 569.69 million. Presently, the company’s annual sales total 506,640 K according to its annual income of -457,610 K. Last quarter, the company’s sales amounted to 108,540 K and its income totaled -68,870 K.
