A new trading day began on Tuesday, with Duolingo Inc (NASDAQ: DUOL) stock price up 4.25% from the previous day of trading, before settling in for the closing price of $290.65. DUOL’s price has ranged from $145.05 to $311.91 over the past 52 weeks.
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Annual sales at Technology sector company grew by 68.67% over the past five years. Meanwhile, its annual earnings per share averaged 434.80%. With a float of $35.87 million, this company’s outstanding shares have now reached $36.31 million.
Let’s look at the performance matrix of the company that is accounted for 720 employees. In terms of profitability, gross margin is 72.72%, operating margin of 5.61%, and the pretax margin is 11.45%.
Duolingo Inc (DUOL) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Application Industry. The insider ownership of Duolingo Inc is 17.66%, while institutional ownership is 80.46%. The most recent insider transaction that took place on Nov 01 ’24, was worth 4,105,426. In this transaction Chief Financial Officer of this company sold 14,000 shares at a rate of $293.24, taking the stock ownership to the 88,856 shares. Before that another transaction happened on Oct 07 ’24, when Company’s Chief Engineering Officer sold 1,500 for $280.91, making the entire transaction worth $421,365. This insider now owns 138,260 shares in total.
Duolingo Inc (DUOL) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 434.80% per share during the next fiscal year.
Duolingo Inc (NASDAQ: DUOL) Trading Performance Indicators
Here are Duolingo Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 3.28. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 20.80. Likewise, its price to free cash flow for the trailing twelve months is 58.90.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.39, a number that is poised to hit 0.35 in the next quarter and is forecasted to reach 2.78 in one year’s time.
Technical Analysis of Duolingo Inc (DUOL)
Duolingo Inc (NASDAQ: DUOL) saw its 5-day average volume 0.6 million, a negative change from its year-to-date volume of 0.7 million. As of the previous 9 days, the stock’s Stochastic %D was 56.00%. Additionally, its Average True Range was 10.18.
During the past 100 days, Duolingo Inc’s (DUOL) raw stochastic average was set at 94.66%, which indicates a significant increase from 77.07% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.04% in the past 14 days, which was lower than the 44.38% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $263.97, while its 200-day Moving Average is $215.26. Nevertheless, the first resistance level for the watch stands at $306.61 in the near term. At $310.22, the stock is likely to face the second major resistance level. The third major resistance level sits at $316.71. If the price goes on to break the first support level at $296.51, it is likely to go to the next support level at $290.02. Assuming the price breaks the second support level, the third support level stands at $286.41.
Duolingo Inc (NASDAQ: DUOL) Key Stats
With a market capitalization of 13.20 billion, the company has a total of 43,539K Shares Outstanding. Currently, annual sales are 531,110 K while annual income is 16,070 K. The company’s previous quarter sales were 178,330 K while its latest quarter income was 24,350 K.
