Impinj Inc (NASDAQ: PI) on Monday, soared 4.05% from the previous trading day, before settling in for the closing price of $218.30. Within the past 52 weeks, PI’s price has moved between $48.39 and $239.88.
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During the last 5-year period, the sales growth of Technology Sector giant was 21.45%. The company achieved an average annual earnings per share of 173.17%. With a float of $26.97 million, this company’s outstanding shares have now reached $27.17 million.
Let’s determine the extent of company efficiency that accounts for 475 employees. In terms of profitability, gross margin is 50.55%, operating margin of -10.57%, and the pretax margin is 3.91%.
Impinj Inc (PI) Breakdown of a Key Holders of the stock
Observing investor behavior towards Communication Equipment industry stocks is more important than anything else. The insider ownership of Impinj Inc is 4.06%, while institutional ownership is 99.38%. The most recent insider transaction that took place on Oct 14 ’24, was worth 101,520. In this transaction CHIEF OPERATING OFFICER of this company sold 427 shares at a rate of $237.75, taking the stock ownership to the 60,041 shares. Before that another transaction happened on Oct 14 ’24, when Company’s CHIEF REVENUE OFFICER sold 488 for $237.84, making the entire transaction worth $116,065. This insider now owns 65,294 shares in total.
Impinj Inc (PI) Recent Fiscal highlights
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0 earnings per share (EPS) for the period topping the consensus outlook (set at -0.1) by 0.1. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.4 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 173.17% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.00% during the next five years compared to 0.37% growth over the previous five years of trading.
Impinj Inc (NASDAQ: PI) Trading Performance Indicators
Impinj Inc (PI) is currently performing well based on its current performance indicators. A quick ratio of 0.87 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 20.28. Likewise, its price to free cash flow for the trailing twelve months is 68.95.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.25, a number that is poised to hit 0.48 in the next quarter and is forecasted to reach 2.62 in one year’s time.
Technical Analysis of Impinj Inc (PI)
Looking closely at Impinj Inc (NASDAQ: PI), its last 5-days average volume was 0.43 million, which is a drop from its year-to-date volume of 0.45 million. As of the previous 9 days, the stock’s Stochastic %D was 36.94%. Additionally, its Average True Range was 8.23.
During the past 100 days, Impinj Inc’s (PI) raw stochastic average was set at 88.45%, which indicates a significant increase from 58.52% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.04% in the past 14 days, which was lower than the 49.95% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $191.95, while its 200-day Moving Average is $148.71. However, in the short run, Impinj Inc’s stock first resistance to watch stands at $231.66. Second resistance stands at $236.17. The third major resistance level sits at $244.74. If the price goes on to break the first support level at $218.58, it is likely to go to the next support level at $210.01. Now, if the price goes above the second support level, the third support stands at $205.50.
Impinj Inc (NASDAQ: PI) Key Stats
Market capitalization of the company is 6.39 billion based on 27,713K outstanding shares. Right now, sales total 307,540 K and income totals -43,370 K. The company made 102,500 K in profit during its latest quarter, and 9,960 K in sales during its previous quarter.
