As on Wednesday, Penguin Solutions Inc. (NASDAQ: PENG) started slowly as it slid -2.37% to $15.23, before settling in for the price of $15.60 at the close. Taking a more long-term approach, PENG posted a 52-week range of $13.14-$29.81.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
The company of the Technology sector’s yearbook sales growth during the past 5- year span was recorded 0.77%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 38.80%. This publicly-traded company’s shares outstanding now amounts to $51.90 million, simultaneously with a float of $50.86 million. The organization now has a market capitalization sitting at $805.82 million. At the time of writing, stock’s 50-day Moving Average stood at $19.53, while the 200-day Moving Average is $21.26.
Penguin Solutions Inc. (PENG) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Information Technology Services industry. Penguin Solutions Inc.’s current insider ownership accounts for 3.88%, in contrast to 105.81% institutional ownership. According to the most recent insider trade that took place on Sep 20 ’24, this organization’s EVP, COO, Pres, Mem Solutions sold 13,334 shares at the rate of 20.02, making the entire transaction reach 266,951 in total value, affecting insider ownership by 211,896. Preceding that transaction, on Aug 20 ’24, Company’s EVP, COO, Pres, Mem Solutions sold 13,333 for 21.14, making the whole transaction’s value amount to 281,822. This particular insider is now the holder of 211,896 in total.
Penguin Solutions Inc. (PENG) Earnings and Revenue Records
Penguin Solutions Inc.’s EPS increase for this current 12-month fiscal period is 38.80% and is forecasted to reach 2.15 in the upcoming year.
Penguin Solutions Inc. (NASDAQ: PENG) Trading Performance Indicators
Let’s observe the current performance indicators for Penguin Solutions Inc. (PENG). It’s Quick Ratio in the last reported quarter now stands at 2.19. The Stock has managed to achieve an average true range (ATR) of 1.01. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.69. Similarly, its price to free cash flow for trailing twelve months is now 14.98.
In the same vein, PENG’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.00, a figure that is expected to reach 0.39 in the next quarter, and analysts are predicting that it will be 2.15 at the market close of one year from today.
Technical Analysis of Penguin Solutions Inc. (PENG)
Through scrutinizing the latest numbers posted by the [Penguin Solutions Inc., PENG], it can be observed that its last 5-days Average volume of 1.0 million was lower the volume of 1.07 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 6.45% While, its Average True Range was 1.04.
Raw Stochastic average of Penguin Solutions Inc. (PENG) in the period of the previous 100 days is set at 1.15%, which indicates a major fall in contrast to 2.59% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 112.64% that was higher than 72.54% volatility it exhibited in the past 100-days period.
