On Monday, ChargePoint Holdings Inc (NYSE: CHPT) opened higher 7.26% from the last session, before settling in for the closing price of $1.24. Price fluctuations for CHPT have ranged from $1.20 to $3.54 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Annual sales at Consumer Cyclical sector company grew by 33.40% over the past five years. Company’s average yearly earnings per share was noted 50.38% at the time writing. With a float of $393.03 million, this company’s outstanding shares have now reached $421.12 million.
Let’s look at the performance matrix of the company that is accounted for 1650 employees. In terms of profitability, gross margin is 10.42%, operating margin of -82.39%, and the pretax margin is -88.77%.
ChargePoint Holdings Inc (CHPT) Insider Updates
A key investor’s attitude towards the stock of the Specialty Retail industry is another important factor to consider. The insider ownership of ChargePoint Holdings Inc is 8.93%, while institutional ownership is 46.34%. The most recent insider transaction that took place on Oct 11 ’24, was worth 34,700. In this transaction Chief Accounting Officer of this company sold 26,288 shares at a rate of $1.32, taking the stock ownership to the 390,596 shares. Before that another transaction happened on Oct 11 ’24, when Company’s Officer proposed sale 26,288 for $1.32, making the entire transaction worth $34,700.
ChargePoint Holdings Inc (CHPT) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 50.38% per share during the next fiscal year.
ChargePoint Holdings Inc (NYSE: CHPT) Trading Performance Indicators
Check out the current performance indicators for ChargePoint Holdings Inc (CHPT). In the past quarter, the stock posted a quick ratio of 1.32. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.34.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.98, a number that is poised to hit -0.17 in the next quarter and is forecasted to reach -0.36 in one year’s time.
Technical Analysis of ChargePoint Holdings Inc (CHPT)
ChargePoint Holdings Inc (NYSE: CHPT) saw its 5-day average volume 10.39 million, a negative change from its year-to-date volume of 13.38 million. As of the previous 9 days, the stock’s Stochastic %D was 37.58%. Additionally, its Average True Range was 0.07.
During the past 100 days, ChargePoint Holdings Inc’s (CHPT) raw stochastic average was set at 10.48%, which indicates a significant decrease from 76.47% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 50.70% in the past 14 days, which was lower than the 88.26% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.4036, while its 200-day Moving Average is $1.7038. Nevertheless, the first resistance level for the watch stands at $1.3933 in the near term. At $1.4567, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.5433. If the price goes on to break the first support level at $1.2433, it is likely to go to the next support level at $1.1567. Assuming the price breaks the second support level, the third support level stands at $1.0933.
ChargePoint Holdings Inc (NYSE: CHPT) Key Stats
There are currently 431,581K shares outstanding in the company with a market cap of 593.14 million. Presently, the company’s annual sales total 506,640 K according to its annual income of -457,610 K. Last quarter, the company’s sales amounted to 108,540 K and its income totaled -68,870 K.
