A new trading day began on Friday, with Symbotic Inc (NASDAQ: SYM) stock price up 4.33% from the previous day of trading, before settling in for the closing price of $32.54. SYM’s price has ranged from $17.11 to $59.82 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Industrials sector saw sales topped by 32.79%. Meanwhile, its annual earnings per share averaged 975.15%. With a float of $39.41 million, this company’s outstanding shares have now reached $101.20 million.
The extent of productivity of a business whose workforce counts for 1300 workers is very important to gauge. In terms of profitability, gross margin is 14.34%, operating margin of -8.89%, and the pretax margin is -7.03%.
Symbotic Inc (SYM) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Specialty Industrial Machinery Industry. The insider ownership of Symbotic Inc is 62.02%, while institutional ownership is 36.46%. The most recent insider transaction that took place on Nov 08 ’24, was worth 322,031. Before that another transaction happened on Nov 05 ’24, when Company’s Chief Financial Officer sold 22,821 for $28.96, making the entire transaction worth $660,933. This insider now owns 34,188 shares in total.
Symbotic Inc (SYM) Latest Financial update
In its latest quarterly report, released on 6/30/2024, the company reported earnings of -0.08 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.05 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 975.15% per share during the next fiscal year.
Symbotic Inc (NASDAQ: SYM) Trading Performance Indicators
Here are Symbotic Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.18. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.19. Likewise, its price to free cash flow for the trailing twelve months is 59.42.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.17, a number that is poised to hit 0.05 in the next quarter and is forecasted to reach 0.38 in one year’s time.
Technical Analysis of Symbotic Inc (SYM)
The latest stats from [Symbotic Inc, SYM] show that its last 5-days average volume of 0.98 million was inferior to 1.57 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 96.41%. Additionally, its Average True Range was 1.76.
During the past 100 days, Symbotic Inc’s (SYM) raw stochastic average was set at 68.32%, which indicates a significant decrease from 99.71% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 61.57% in the past 14 days, which was lower than the 84.81% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $25.38, while its 200-day Moving Average is $35.16. Now, the first resistance to watch is $34.55. This is followed by the second major resistance level at $35.14. The third major resistance level sits at $36.32. If the price goes on to break the first support level at $32.78, it is likely to go to the next support level at $31.60. The third support level lies at $31.01 if the price breaches the second support level.
Symbotic Inc (NASDAQ: SYM) Key Stats
With a market capitalization of 3.68 billion, the company has a total of 585,577K Shares Outstanding. Currently, annual sales are 1,177 M while annual income is -23,870 K. The company’s previous quarter sales were 491,860 K while its latest quarter income was -2,490 K.
