A new trading day began on Tuesday, with Microstrategy Inc. (NASDAQ: MSTR) stock price up 0.30% from the previous day of trading, before settling in for the closing price of $219.05. MSTR’s price has ranged from $34.61 to $227.15 over the past 52 weeks.
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Annual sales at Technology sector company slipped by -0.01% over the past five years. Meanwhile, its annual earnings per share averaged -138.98%. With a float of $182.91 million, this company’s outstanding shares have now reached $184.96 million.
Let’s look at the performance matrix of the company that is accounted for 1934 employees. In terms of profitability, gross margin is 75.9%, operating margin of -12.7%, and the pretax margin is -108.9%.
Microstrategy Inc. (MSTR) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Application Industry. The insider ownership of Microstrategy Inc. is 1.11%, while institutional ownership is 50.60%. The most recent insider transaction that took place on Aug 23 ’24, was worth 1,296,000. In this transaction SEVP & General Counsel of this company sold 9,000 shares at a rate of $144.00, taking the stock ownership to the 6,460 shares. Before that another transaction happened on Aug 22 ’24, when Company’s SEVP & General Counsel sold 3,000 for $141.20, making the entire transaction worth $423,600. This insider now owns 6,460 shares in total.
Microstrategy Inc. (MSTR) Latest Financial update
In its latest quarterly report, released on 6/30/2024, the company reported earnings of -0.9 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.11 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -138.98% 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 68.03% growth over the previous five years of trading.
Microstrategy Inc. (NASDAQ: MSTR) Trading Performance Indicators
Here are Microstrategy Inc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.47. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 84.55.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -10.47, a number that is poised to hit -0.12 in the next quarter and is forecasted to reach -0.42 in one year’s time.
Technical Analysis of Microstrategy Inc. (MSTR)
Microstrategy Inc. (NASDAQ: MSTR) saw its 5-day average volume 15.68 million, a negative change from its year-to-date volume of 16.38 million. As of the previous 9 days, the stock’s Stochastic %D was 81.80%. Additionally, its Average True Range was 14.30.
During the past 100 days, Microstrategy Inc.’s (MSTR) raw stochastic average was set at 94.03%, which indicates a significant increase from 89.25% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 87.46% in the past 14 days, which was higher than the 82.63% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $155.38, while its 200-day Moving Average is $132.99. Nevertheless, the first resistance level for the watch stands at $223.37 in the near term. At $227.04, the stock is likely to face the second major resistance level. The third major resistance level sits at $232.69. If the price goes on to break the first support level at $214.06, it is likely to go to the next support level at $208.41. The third support level lies at $204.74 if the price breaches the second support level.
Microstrategy Inc. (NASDAQ: MSTR) Key Stats
With a market capitalization of 40.64 billion, the company has a total of 177,370K Shares Outstanding. Currently, annual sales are 496,260 K while annual income is 429,120 K. The company’s previous quarter sales were 111,440 K while its latest quarter income was -102,560 K.
