4.03% volatility in Fabrinet (FN) last month: This is a red flag warning

On Tuesday, Fabrinet (NYSE: FN) opened lower -3.91% from the last session, before settling in for the closing price of $239.61. Price fluctuations for FN have ranged from $157.55 to $278.38 over the past 52 weeks.

It was noted that within the last five years, the titan of the Technology sector saw sales topped by 12.88%. Company’s average yearly earnings per share was noted 13.68% at the time writing. With a float of $36.12 million, this company’s outstanding shares have now reached $36.15 million.

The extent of productivity of a business whose workforce counts for 14213 workers is very important to gauge. In terms of profitability, gross margin is 12.35%, operating margin of 9.68%, and the pretax margin is 10.73%.

Fabrinet (FN) Insider Updates

A key investor’s attitude towards the stock of the Electronic Components industry is another important factor to consider. The insider ownership of Fabrinet is 0.41%, while institutional ownership is 105.10%. The most recent insider transaction that took place on Sep 05 ’24, was worth 1,914,021. In this transaction EVP, Sales & Marketing of this company sold 8,690 shares at a rate of $220.26, taking the stock ownership to the 8,333 shares. Before that another transaction happened on Sep 05 ’24, when Company’s Officer proposed sale 8,690 for $220.26, making the entire transaction worth $1,914,022.

Fabrinet (FN) Performance Highlights and Predictions

According to the Wall Street analysts, stocks earnings will be around 13.68% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 21.00% during the next five years compared to 19.77% growth over the previous five years of trading.

Fabrinet (NYSE: FN) Trading Performance Indicators

Check out the current performance indicators for Fabrinet (FN). In the past quarter, the stock posted a quick ratio of 2.90. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.78. Likewise, its price to free cash flow for the trailing twelve months is 28.31.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 8.45, a number that is poised to hit 2.50 in the next quarter and is forecasted to reach 11.46 in one year’s time.

Technical Analysis of Fabrinet (FN)

The latest stats from [Fabrinet, FN] show that its last 5-days average volume of 0.87 million was superior to 0.49 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 23.27%. Additionally, its Average True Range was 10.78.

During the past 100 days, Fabrinet’s (FN) raw stochastic average was set at 49.26%, which indicates a significant increase from 36.12% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 47.01% in the past 14 days, which was lower than the 53.55% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $238.53, while its 200-day Moving Average is $220.92. Now, the first resistance to watch is $238.39. This is followed by the second major resistance level at $246.56. The third major resistance level sits at $261.59. If the price goes on to break the first support level at $215.20, it is likely to go to the next support level at $200.17. Assuming the price breaks the second support level, the third support level stands at $192.01.

Fabrinet (NYSE: FN) Key Stats

There are currently 36,268K shares outstanding in the company with a market cap of 8.35 billion. Presently, the company’s annual sales total 2,883 M according to its annual income of 296,180 K. Last quarter, the company’s sales amounted to 753,260 K and its income totaled 81,070 K.