Tenable Holdings Inc (TENB) latest performance of -2.98% is not what was on cards

Tenable Holdings Inc (NASDAQ: TENB) started the day on Wednesday, with a price decrease of -2.98% at $40.34, before settling in for the price of $41.58 at the close. Taking a more long-term approach, TENB posted a 52-week range of $33.85-$53.50.

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The Technology sector firm’s twelve-monthly sales growth has been 24.57% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was 13.22%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 47.39%. This publicly-traded company’s shares outstanding now amounts to $117.15 million, simultaneously with a float of $117.05 million. The organization now has a market capitalization sitting at $4.80 billion.

Tenable Holdings Inc (TENB) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Software – Infrastructure Industry. Tenable Holdings Inc’s current insider ownership accounts for 1.73%, in contrast to 91.57% institutional ownership. According to the most recent insider trade that took place on Aug 26 ’24, this organization’s President, CEO and Chairman sold 5,673 shares at the rate of 41.75, making the entire transaction reach 236,848 in total value, affecting insider ownership by 39,309. Preceding that transaction, on Aug 26 ’24, Company’s Chief Financial Officer sold 3,413 for 41.75, making the whole transaction’s value amount to 142,493. This particular insider is now the holder of 278,493 in total.

Tenable Holdings Inc (TENB) Earnings and Revenue Records

Tenable Holdings Inc’s EPS increase for this current 12-month fiscal period is 47.39% and is forecasted to reach 1.39 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 14.00% through the next 5 years, which can be compared against the 13.22% growth it accomplished over the previous five years trading on the market.

Tenable Holdings Inc (NASDAQ: TENB) Trading Performance Indicators

Let’s observe the current performance indicators for Tenable Holdings Inc (TENB). It’s Quick Ratio in the last reported quarter now stands at 1.14. The Stock has managed to achieve an average true range (ATR) of 0.98. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 5.64. Similarly, its price to free cash flow for trailing twelve months is now 31.64.

In the same vein, TENB’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.56, a figure that is expected to reach 0.30 in the next quarter, and analysts are predicting that it will be 1.39 at the market close of one year from today.

Technical Analysis of Tenable Holdings Inc (TENB)