6.72% volatility in FiscalNote Holdings Inc (NOTE) last month: This is a red flag warning

FiscalNote Holdings Inc (NYSE: NOTE) on Monday, plunged -4.67% from the previous trading day, before settling in for the closing price of $1.07. Within the past 52 weeks, NOTE’s price has moved between $0.65 and $2.27.

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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 17.94%. The company achieved an average annual earnings per share of 106.53%. With a float of $110.75 million, this company’s outstanding shares have now reached $121.68 million.

The extent of productivity of a business whose workforce counts for 680 workers is very important to gauge. In terms of profitability, gross margin is 61.9%, operating margin of -37.02%, and the pretax margin is -19.79%.

FiscalNote Holdings Inc (NOTE) Insider Updates

Observing investor behavior towards Information Technology Services industry stocks is more important than anything else. The insider ownership of FiscalNote Holdings Inc is 20.59%, while institutional ownership is 37.91%. The most recent insider transaction that took place on Oct 07 ’24, was worth 939. In this transaction President and COO of this company sold 817 shares at a rate of $1.15, taking the stock ownership to the 741,465 shares. Before that another transaction happened on Oct 07 ’24, when Company’s Chief Accounting Officer sold 447 for $1.15, making the entire transaction worth $514. This insider now owns 107,105 shares in total.

FiscalNote Holdings Inc (NOTE) Performance Highlights and Predictions

As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported -0.11 earnings per share (EPS) for the period topping the consensus outlook (set at -0.16) by 0.05. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.1 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 106.53% per share during the next fiscal year.

FiscalNote Holdings Inc (NYSE: NOTE) Trading Performance Indicators

FiscalNote Holdings Inc (NOTE) is currently performing well based on its current performance indicators. A quick ratio of 0.96 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 1.10.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.25, a number that is poised to hit -0.07 in the next quarter and is forecasted to reach -0.24 in one year’s time.

Technical Analysis of FiscalNote Holdings Inc (NOTE)

The latest stats from [FiscalNote Holdings Inc, NOTE] show that its last 5-days average volume of 0.6 million was inferior to 0.67 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 53.50%. Additionally, its Average True Range was 0.08.

During the past 100 days, FiscalNote Holdings Inc’s (NOTE) raw stochastic average was set at 11.02%, which indicates a significant decrease from 38.24% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.88% in the past 14 days, which was lower than the 63.69% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.2178, while its 200-day Moving Average is $1.3858. Now, the first resistance to watch is $1.0893. This is followed by the second major resistance level at $1.1586. The third major resistance level sits at $1.2272. If the price goes on to break the first support level at $0.9514, it is likely to go to the next support level at $0.8828. Assuming the price breaks the second support level, the third support level stands at $0.8135.

FiscalNote Holdings Inc (NYSE: NOTE) Key Stats

Market capitalization of the company is 142.26 million based on 134,378K outstanding shares. Right now, sales total 132,650 K and income totals -115,460 K. The company made 29,250 K in profit during its latest quarter, and -12,760 K in sales during its previous quarter.