CyberArk Software Ltd (CYBR) volume exceeds 0.7 million: A new investment opportunity for investors

On Tuesday, CyberArk Software Ltd (NASDAQ: CYBR) opened lower -0.70% from the last session, before settling in for the closing price of $287.75. Price fluctuations for CYBR have ranged from $155.72 to $308.63 over the past 52 weeks.

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Annual sales at Technology sector company grew by 17.30% over the past five years. Company’s average yearly earnings per share was noted 106.01% at the time writing. With a float of $40.84 million, this company’s outstanding shares have now reached $42.26 million.

Let’s look at the performance matrix of the company that is accounted for 3018 employees. In terms of profitability, gross margin is 80.55%, operating margin of -7.07%, and the pretax margin is -0.19%.

CyberArk Software Ltd (CYBR) Insider Updates

A key investor’s attitude towards the stock of the Software – Infrastructure industry is another important factor to consider. The insider ownership of CyberArk Software Ltd is 5.53%, while institutional ownership is 96.22%. The most recent insider transaction that took place on Oct 15 ’24, was worth 401,915. Before that another transaction happened on Sep 16 ’24, when Company’s Director proposed sale 1,399 for $269.95, making the entire transaction worth $377,666.

CyberArk Software Ltd (CYBR) Performance Highlights and Predictions

If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0.42 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.23) by 0.19. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.55 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 106.01% per share during the next fiscal year.

CyberArk Software Ltd (NASDAQ: CYBR) Trading Performance Indicators

Check out the current performance indicators for CyberArk Software Ltd (CYBR). In the past quarter, the stock posted a quick ratio of 1.40. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 14.35. Likewise, its price to free cash flow for the trailing twelve months is 73.38.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.35, a number that is poised to hit 0.46 in the next quarter and is forecasted to reach 3.37 in one year’s time.

Technical Analysis of CyberArk Software Ltd (CYBR)

CyberArk Software Ltd (NASDAQ: CYBR) saw its 5-day average volume 0.36 million, a negative change from its year-to-date volume of 0.52 million. As of the previous 9 days, the stock’s Stochastic %D was 9.48%. Additionally, its Average True Range was 8.38.

During the past 100 days, CyberArk Software Ltd’s (CYBR) raw stochastic average was set at 70.88%, which indicates a significant increase from 12.36% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.13% in the past 14 days, which was lower than the 27.79% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $282.28, while its 200-day Moving Average is $260.03. Nevertheless, the first resistance level for the watch stands at $289.13 in the near term. At $292.52, the stock is likely to face the second major resistance level. The third major resistance level sits at $295.84. If the price goes on to break the first support level at $282.42, it is likely to go to the next support level at $279.10. Assuming the price breaks the second support level, the third support level stands at $275.71.

CyberArk Software Ltd (NASDAQ: CYBR) Key Stats

There are currently 43,574K shares outstanding in the company with a market cap of 12.35 billion. Presently, the company’s annual sales total 751,890 K according to its annual income of -66,500 K. Last quarter, the company’s sales amounted to 224,710 K and its income totaled -12,920 K.