Confluent Inc (NASDAQ: CFLT) open the trading on Thursday, with great promise as it jumped 1.58% to $27.56, before settling in for the price of $27.13 at the close. Taking a more long-term approach, CFLT posted a 52-week range of $16.69-$35.07.
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In the past 5-years timespan, the Technology sector firm’s annual sales growth was 51.38%. Meanwhile, its Annual Earning per share during the time was -40.61%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 546.85%. This publicly-traded company’s shares outstanding now amounts to $328.00 million, simultaneously with a float of $246.54 million. The organization now has a market capitalization sitting at $9.04 billion. At the time of writing, stock’s 50-day Moving Average stood at $21.51, while the 200-day Moving Average is $26.21.
Confluent Inc (CFLT) Ownership Facts and Figures
Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Software – Infrastructure industry. Confluent Inc’s current insider ownership accounts for 24.83%, in contrast to 70.68% institutional ownership.
Confluent Inc (CFLT) Earnings and Revenue Records
Confluent Inc’s EPS increase for this current 12-month fiscal period is 546.85% and is forecasted to reach 0.35 in the upcoming year.
Confluent Inc (NASDAQ: CFLT) Trading Performance Indicators
Let’s observe the current performance indicators for Confluent Inc (CFLT). It’s Quick Ratio in the last reported quarter now stands at 4.15. The Stock has managed to achieve an average true range (ATR) of 1.16. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 9.87.
In the same vein, CFLT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.11, a figure that is expected to reach 0.06 in the next quarter, and analysts are predicting that it will be 0.35 at the market close of one year from today.
Technical Analysis of Confluent Inc (CFLT)
[Confluent Inc, CFLT] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 73.10% While, its Average True Range was 1.27.
Raw Stochastic average of Confluent Inc (CFLT) in the period of the previous 100 days is set at 79.30%, which indicates a major fall in contrast to 82.41% 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 55.23% that was lower than 58.67% volatility it exhibited in the past 100-days period.
