Gitlab Inc (NASDAQ: GTLB) started the day on Wednesday, with a price increase of 6.72% at $60.21, before settling in for the price of $56.42 at the close. Taking a more long-term approach, GTLB posted a 52-week range of $40.19-$78.53.
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The Technology Sector giants’ yearly sales growth during the last 5-year period was 64.50%. Meanwhile, its Annual Earning per share during the time was -31.81%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 134.17%. This publicly-traded company’s shares outstanding now amounts to $160.46 million, simultaneously with a float of $116.42 million. The organization now has a market capitalization sitting at $9.66 billion. At the time of writing, stock’s 50-day Moving Average stood at $53.01, while the 200-day Moving Average is $54.92.
Gitlab Inc (GTLB) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Software – Infrastructure Industry. Gitlab Inc’s current insider ownership accounts for 27.45%, in contrast to 61.94% institutional ownership. According to the most recent insider trade that took place on Nov 01 ’24, this organization’s Chief Financial Officer sold 16,666 shares at the rate of 56.74, making the entire transaction reach 945,673 in total value, affecting insider ownership by 242,803. Preceding that transaction, on Oct 15 ’24, Company’s Director sold 3,250 for 54.72, making the whole transaction’s value amount to 177,840. This particular insider is now the holder of 141,233 in total.
Gitlab Inc (GTLB) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.14 per share during the current fiscal year.
Gitlab Inc’s EPS increase for this current 12-month fiscal period is 134.17% and is forecasted to reach 0.64 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 30.00% through the next 5 years, which can be compared against the -31.81% growth it accomplished over the previous five years trading on the market.
Gitlab Inc (NASDAQ: GTLB) Trading Performance Indicators
Let’s observe the current performance indicators for Gitlab Inc (GTLB). It’s Quick Ratio in the last reported quarter now stands at 1.92. The Stock has managed to achieve an average true range (ATR) of 2.21. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 14.52. Similarly, its price to free cash flow for trailing twelve months is now 146.14.
In the same vein, GTLB’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -2.34, a figure that is expected to reach 0.15 in the next quarter, and analysts are predicting that it will be 0.64 at the market close of one year from today.
Technical Analysis of Gitlab Inc (GTLB)
If we take a close look at the recent performances of Gitlab Inc (NASDAQ: GTLB), its last 5-days Average volume was 1.57 million that shows plunge from its year to date volume of 2.36 million. During the previous 9 days, stock’s Stochastic %D was recorded 81.15% While, its Average True Range was 2.31.
Raw Stochastic average of Gitlab Inc (GTLB) in the period of the previous 100 days is set at 97.65%, which indicates a major rise in contrast to 94.30% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 46.24% that was lower than 60.13% volatility it exhibited in the past 100-days period.
