Simply Good Foods Co (NASDAQ: SMPL) on Tuesday, soared 1.54% from the previous trading day, before settling in for the closing price of $34.31. Within the past 52 weeks, SMPL’s price has moved between $30.00 and $43.00.
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It was noted that within the last five years, the titan of the Consumer Defensive sector saw sales topped by 21.75%. The company achieved an average annual earnings per share of 4.52%. With a float of $90.63 million, this company’s outstanding shares have now reached $100.15 million.
The extent of productivity of a business whose workforce counts for 316 workers is very important to gauge. In terms of profitability, gross margin is 37.8%, operating margin of 15.71%, and the pretax margin is 13.97%.
Simply Good Foods Co (SMPL) Insider and Institutional Ownership
Observing investor behavior towards Packaged Foods industry stocks is more important than anything else. The insider ownership of Simply Good Foods Co is 9.57%, while institutional ownership is 91.37%. The most recent insider transaction that took place on Jul 31 ’24, was worth 36,438. In this transaction SVP & General Manager, Quest of this company sold 1,058 shares at a rate of $34.44, taking the stock ownership to the 19,319 shares. Before that another transaction happened on Jul 31 ’24, when Company’s Officer proposed sale 1,058 for $34.44, making the entire transaction worth $36,438.
Simply Good Foods Co (SMPL) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 4.52% per share during the next fiscal year.
Simply Good Foods Co (NASDAQ: SMPL) Trading Performance Indicators
Simply Good Foods Co (SMPL) is currently performing well based on its current performance indicators. A quick ratio of 2.75 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.62. Likewise, its price to free cash flow for the trailing twelve months is 16.78.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.38, a number that is poised to hit 0.46 in the next quarter and is forecasted to reach 2.12 in one year’s time.
Technical Analysis of Simply Good Foods Co (SMPL)
The latest stats from [Simply Good Foods Co, SMPL] show that its last 5-days average volume of 0.6 million was inferior to 0.88 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 95.13%. Additionally, its Average True Range was 0.67.
During the past 100 days, Simply Good Foods Co’s (SMPL) raw stochastic average was set at 49.93%, which indicates a significant decrease from 99.28% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.88% in the past 14 days, which was lower than the 23.88% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $33.55, while its 200-day Moving Average is $34.83. Now, the first resistance to watch is $35.11. This is followed by the second major resistance level at $35.39. The third major resistance level sits at $35.91. If the price goes on to break the first support level at $34.31, it is likely to go to the next support level at $33.79. The third support level lies at $33.51 if the price breaches the second support level.
Simply Good Foods Co (NASDAQ: SMPL) Key Stats
Market capitalization of the company is 3.49 billion based on 100,222K outstanding shares. Right now, sales total 1,331 M and income totals 139,310 K. The company made 375,690 K in profit during its latest quarter, and 29,290 K in sales during its previous quarter.
