Witnessing the stock’s movement on the chart, on Wednesday, Penguin Solutions Inc (NASDAQ: PENG) set off with pace as it heaved 5.81% to $17.47, before settling in for the price of $16.51 at the close. Taking a more long-term approach, PENG posted a 52-week range of $14.47-$29.81.
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The Technology Sector giants’ yearly sales growth during the last 5-year period was 0.77%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 40.64%. This publicly-traded company’s shares outstanding now amounts to $53.28 million, simultaneously with a float of $51.35 million. The organization now has a market capitalization sitting at $930.98 million. At the time of writing, stock’s 50-day Moving Average stood at $18.55, while the 200-day Moving Average is $20.98.
Penguin Solutions Inc (PENG) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Information Technology Services industry. Penguin Solutions Inc’s current insider ownership accounts for 3.65%, in contrast to 104.98% institutional ownership. According to the most recent insider trade that took place on Sep 20 ’24, this organization’s EVP, COO, Pres, Mem Solutions sold 13,334 shares at the rate of 20.02, making the entire transaction reach 266,951 in total value, affecting insider ownership by 211,896. Preceding that transaction, on Aug 20 ’24, Company’s EVP, COO, Pres, Mem Solutions sold 13,333 for 21.14, making the whole transaction’s value amount to 281,822. This particular insider is now the holder of 211,896 in total.
Penguin Solutions Inc (PENG) Earnings and Revenue Records
Penguin Solutions Inc’s EPS increase for this current 12-month fiscal period is 40.64% and is forecasted to reach 2.21 in the upcoming year.
Penguin Solutions Inc (NASDAQ: PENG) Trading Performance Indicators
Let’s observe the current performance indicators for Penguin Solutions Inc (PENG). It’s Quick Ratio in the last reported quarter now stands at 2.19. The Stock has managed to achieve an average true range (ATR) of 0.86. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.80. Similarly, its price to free cash flow for trailing twelve months is now 17.30.
In the same vein, PENG’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.00, a figure that is expected to reach 0.39 in the next quarter, and analysts are predicting that it will be 2.21 at the market close of one year from today.
Technical Analysis of Penguin Solutions Inc (PENG)
Going through the that latest performance of [Penguin Solutions Inc, PENG]. Its last 5-days volume of 1.32 million indicated improvement to the volume of 1.06 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 88.75% While, its Average True Range was 0.84.
Raw Stochastic average of Penguin Solutions Inc (PENG) in the period of the previous 100 days is set at 17.40%, which indicates a major fall in contrast to 94.55% 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 48.76% that was lower than 74.02% volatility it exhibited in the past 100-days period.
