E2open Parent Holdings Inc (ETWO) average volume reaches $2.24M: Is Wall Street expecting a rally?

On Monday, E2open Parent Holdings Inc (NYSE: ETWO) opened lower -2.33% from the last session, before settling in for the closing price of $3.01. Price fluctuations for ETWO have ranged from $2.92 to $5.07 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 Technology sector was 19.88%. Company’s average yearly earnings per share was noted -0.96% at the time writing. With a float of $235.39 million, this company’s outstanding shares have now reached $306.06 million.

Considering the fact that the conglomerate employs 3916 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 46.49%, operating margin of -125.88%, and the pretax margin is -141.46%.

E2open Parent Holdings Inc (ETWO) Insider Activity

A key investor’s attitude towards the stock of the Software – Application industry is another important factor to consider. The insider ownership of E2open Parent Holdings Inc is 24.65%, while institutional ownership is 80.51%.

E2open Parent Holdings Inc (ETWO) Earnings and Forecasts

If we go through the results of last quarter, which was made public on 8/31/2024, the company posted 0.04 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.04) by 0. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.05 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -0.96% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 13.80% during the next five years compared to -76.99% drop over the previous five years of trading.

E2open Parent Holdings Inc (NYSE: ETWO) Trading Performance Indicators

Check out the current performance indicators for E2open Parent Holdings Inc (ETWO). In the past quarter, the stock posted a quick ratio of 1.00. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.67. Likewise, its price to free cash flow for the trailing twelve months is 18.63.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.56, a number that is poised to hit 0.05 in the next quarter and is forecasted to reach 0.21 in one year’s time.

Technical Analysis of E2open Parent Holdings Inc (ETWO)

Compared to the last year’s volume of 2.06 million, its volume of 2.34 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 16.12%. Additionally, its Average True Range was 0.14.

During the past 100 days, E2open Parent Holdings Inc’s (ETWO) raw stochastic average was set at 0.79%, which indicates a significant decrease from 4.69% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 33.39% in the past 14 days, which was lower than the 56.11% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $3.84, while its 200-day Moving Average is $4.22. Nevertheless, the first resistance level for the watch stands at $2.99 in the near term. At $3.04, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.07. If the price goes on to break the first support level at $2.91, it is likely to go to the next support level at $2.88. Should the price break the second support level, the third support level stands at $2.83.

E2open Parent Holdings Inc (NYSE: ETWO) Key Stats

There are currently 342,669K shares outstanding in the company with a market cap of 1.04 billion. Presently, the company’s annual sales total 634,550 K according to its annual income of -1,070 M. Last quarter, the company’s sales amounted to 152,190 K and its income totaled -29,860 K.