Aspen Technology Inc (NASDAQ: AZPN) kicked off on Tuesday, up 1.44% from the previous trading day, before settling in for the closing price of $237.59. Over the past 52 weeks, AZPN has traded in a range of $162.26-$244.85.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 62.24%. While this was happening, its average annual earnings per share was recorded 14.26%. With a float of $26.63 million, this company’s outstanding shares have now reached $63.25 million.
Considering the fact that the conglomerate employs 3937 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 52.92%, operating margin of -11.45%, and the pretax margin is -6.27%.
Aspen Technology Inc (AZPN) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Software – Application Industry. The insider ownership of Aspen Technology Inc is 57.90%, while institutional ownership is 46.57%. The most recent insider transaction that took place on Sep 19 ’24, was worth 118,428. Before that another transaction happened on Sep 18 ’24, when Company’s Former Officer proposed sale 875 for $230.13, making the entire transaction worth $201,360.
Aspen Technology Inc (AZPN) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 14.26% per share during the next fiscal year.
Aspen Technology Inc (NASDAQ: AZPN) Trading Performance Indicators
Take a look at Aspen Technology Inc’s (AZPN) current performance indicators. Last quarter, stock had a quick ratio of 3.11. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 13.93. Likewise, its price to free cash flow for the trailing twelve months is 49.01.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.57, a number that is poised to hit 1.87 in the next quarter and is forecasted to reach 8.21 in one year’s time.
Technical Analysis of Aspen Technology Inc (AZPN)
Compared to the last year’s volume of 0.21 million, its volume of 0.62 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 42.02%. Additionally, its Average True Range was 5.18.
During the past 100 days, Aspen Technology Inc’s (AZPN) raw stochastic average was set at 90.88%, which indicates a significant increase from 59.27% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.79% in the past 14 days, which was lower than the 36.27% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $233.30, while its 200-day Moving Average is $208.63. Nevertheless, the first resistance level for the watch stands at $246.83 in the near term. At $252.66, the stock is likely to face the second major resistance level. The third major resistance level sits at $257.32. If the price goes on to break the first support level at $236.34, it is likely to go to the next support level at $231.68. Now, if the price goes above the second support level, the third support stands at $225.85.
Aspen Technology Inc (NASDAQ: AZPN) Key Stats
The company with the Market Capitalisation of 15.24 billion has total of 63,248K Shares Outstanding. Its annual sales at the moment are 1,127 M in contrast with the sum of -9,770 K annual income. Company’s last quarter sales were recorded 342,910 K and last quarter income was 44,700 K.
