A new trading day began on Friday, with Weave Communications Inc (NYSE: WEAV) stock price down -6.42% from the previous day of trading, before settling in for the closing price of $14.02. WEAV’s price has ranged from $6.89 to $14.34 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 40.57%. Meanwhile, its annual earnings per share averaged 135.17%. With a float of $48.26 million, this company’s outstanding shares have now reached $70.12 million.
Considering the fact that the conglomerate employs 844 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 70.68%, operating margin of -16.36%, and the pretax margin is -14.52%.
Weave Communications Inc (WEAV) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Health Information Services Industry. The insider ownership of Weave Communications Inc is 32.80%, while institutional ownership is 51.98%. The most recent insider transaction that took place on Nov 01 ’24, was worth 1,087,321. Before that another transaction happened on Nov 01 ’24, when Company’s Affiliate proposed sale 12,000 for $14.02, making the entire transaction worth $168,240.
Weave Communications Inc (WEAV) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 135.17% per share during the next fiscal year.
Weave Communications Inc (NYSE: WEAV) Trading Performance Indicators
Here are Weave Communications Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.48. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.50. Likewise, its price to free cash flow for the trailing twelve months is 122.97.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.40, a number that is poised to hit 0.02 in the next quarter and is forecasted to reach 0.11 in one year’s time.
Technical Analysis of Weave Communications Inc (WEAV)
Compared to the last year’s volume of 0.46 million, its volume of 1.95 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 71.05%. Additionally, its Average True Range was 0.54.
During the past 100 days, Weave Communications Inc’s (WEAV) raw stochastic average was set at 79.11%, which indicates a significant increase from 38.69% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 38.67% in the past 14 days, which was lower than the 41.23% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.21, while its 200-day Moving Average is $11.02. Nevertheless, the first resistance level for the watch stands at $13.68 in the near term. At $14.23, the stock is likely to face the second major resistance level. The third major resistance level sits at $14.90. If the price goes on to break the first support level at $12.46, it is likely to go to the next support level at $11.79. Should the price break the second support level, the third support level stands at $11.24.
Weave Communications Inc (NYSE: WEAV) Key Stats
With a market capitalization of 881.71 million, the company has a total of 71,813K Shares Outstanding. Currently, annual sales are 170,470 K while annual income is -31,030 K. The company’s previous quarter sales were 50,590 K while its latest quarter income was -8,550 K.
