A new trading day began on Monday, with Procore Technologies Inc (NYSE: PCOR) stock price down -1.45% from the previous day of trading, before settling in for the closing price of $62.80. PCOR’s price has ranged from $48.11 to $83.35 over the past 52 weeks.
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Annual sales at Technology sector company grew by 38.80% over the past five years. Meanwhile, its annual earnings per share averaged 234.50%. With a float of $134.77 million, this company’s outstanding shares have now reached $144.81 million.
Let’s look at the performance matrix of the company that is accounted for 3694 employees. In terms of profitability, gross margin is 81.46%, operating margin of -10.99%, and the pretax margin is -8.38%.
Procore Technologies Inc (PCOR) Insider Updates
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 Procore Technologies Inc is 8.74%, while institutional ownership is 85.83%. The most recent insider transaction that took place on Oct 24 ’24, was worth 322,449. In this transaction Director of this company sold 5,128 shares at a rate of $62.88, taking the stock ownership to the 1,345,464 shares. Before that another transaction happened on Oct 23 ’24, when Company’s Director sold 5,128 for $62.45, making the entire transaction worth $320,244. This insider now owns 1,350,592 shares in total.
Procore Technologies Inc (PCOR) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 234.50% per share during the next fiscal year.
Procore Technologies Inc (NYSE: PCOR) Trading Performance Indicators
Here are Procore Technologies Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.55. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.61. Likewise, its price to free cash flow for the trailing twelve months is 58.74.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.63, a number that is poised to hit 0.22 in the next quarter and is forecasted to reach 1.08 in one year’s time.
Technical Analysis of Procore Technologies Inc (PCOR)
Procore Technologies Inc (NYSE: PCOR) saw its 5-day average volume 1.29 million, a negative change from its year-to-date volume of 1.53 million. As of the previous 9 days, the stock’s Stochastic %D was 39.85%. Additionally, its Average True Range was 1.65.
During the past 100 days, Procore Technologies Inc’s (PCOR) raw stochastic average was set at 54.00%, which indicates a significant increase from 51.52% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.91% in the past 14 days, which was lower than the 46.07% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $59.72, while its 200-day Moving Average is $67.60. Nevertheless, the first resistance level for the watch stands at $63.20 in the near term. At $64.51, the stock is likely to face the second major resistance level. The third major resistance level sits at $65.26. If the price goes on to break the first support level at $61.14, it is likely to go to the next support level at $60.39. Assuming the price breaks the second support level, the third support level stands at $59.08.
Procore Technologies Inc (NYSE: PCOR) Key Stats
With a market capitalization of 9.14 billion, the company has a total of 146,325K Shares Outstanding. Currently, annual sales are 950,010 K while annual income is -189,690 K. The company’s previous quarter sales were 284,350 K while its latest quarter income was -6,310 K.
