A new trading day began on Friday, with QuinStreet Inc (NASDAQ: QNST) stock price down -5.19% from the previous day of trading, before settling in for the closing price of $21.00. QNST’s price has ranged from $10.41 to $21.85 over the past 52 weeks.
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A company in the Communication Services sector has jumped its sales by 6.35% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 418.18%. With a float of $52.71 million, this company’s outstanding shares have now reached $55.47 million.
In an organization with 899 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 7.54%, operating margin of -4.57%, and the pretax margin is -4.95%.
QuinStreet Inc (QNST) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Advertising Agencies Industry. The insider ownership of QuinStreet Inc is 6.08%, while institutional ownership is 90.09%. The most recent insider transaction that took place on Sep 12 ’24, was worth 780,829. In this transaction CFO of this company sold 41,855 shares at a rate of $18.66, taking the stock ownership to the 383,352 shares. Before that another transaction happened on Sep 12 ’24, when Company’s Officer proposed sale 41,855 for $18.65, making the entire transaction worth $780,693.
QuinStreet Inc (QNST) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 418.18% per share during the next fiscal year.
QuinStreet Inc (NASDAQ: QNST) Trading Performance Indicators
Here are QuinStreet Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.34. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.73. Likewise, its price to free cash flow for the trailing twelve months is 158.36.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.57, a number that is poised to hit 0.15 in the next quarter and is forecasted to reach 0.84 in one year’s time.
Technical Analysis of QuinStreet Inc (QNST)
Let’s dig in a bit further. During the last 5-days, its volume was 0.46 million. That was better than the volume of 0.4 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 71.42%. Additionally, its Average True Range was 0.91.
During the past 100 days, QuinStreet Inc’s (QNST) raw stochastic average was set at 70.40%, which indicates a significant increase from 46.49% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 55.10% in the past 14 days, which was higher than the 50.28% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $19.17, while its 200-day Moving Average is $17.20. However, in the short run, QuinStreet Inc’s stock first resistance to watch stands at $21.35. Second resistance stands at $22.79. The third major resistance level sits at $23.68. If the price goes on to break the first support level at $19.01, it is likely to go to the next support level at $18.12. The third support level lies at $16.68 if the price breaches the second support level.
QuinStreet Inc (NASDAQ: QNST) Key Stats
With a market capitalization of 1.06 billion, the company has a total of 56,125K Shares Outstanding. Currently, annual sales are 613,510 K while annual income is -31,330 K. The company’s previous quarter sales were 198,320 K while its latest quarter income was -2,160 K.
