Elastic N.V (NYSE: ESTC) kicked off on Monday, up 3.46% from the previous trading day, before settling in for the closing price of $86.95. Over the past 52 weeks, ESTC has traded in a range of $69.00-$136.06.
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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 36.79%. While this was happening, its average annual earnings per share was recorded 28.72%. With a float of $85.55 million, this company’s outstanding shares have now reached $101.71 million.
The extent of productivity of a business whose workforce counts for 3187 workers is very important to gauge. In terms of profitability, gross margin is 73.93%, operating margin of -9.25%, and the pretax margin is -8.83%.
Elastic N.V (ESTC) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Software – Application Industry. The insider ownership of Elastic N.V is 16.74%, while institutional ownership is 82.19%. The most recent insider transaction that took place on Sep 09 ’24, was worth 487,605. In this transaction CFO & COO of this company sold 6,941 shares at a rate of $70.25, taking the stock ownership to the 195,550 shares. Before that another transaction happened on Sep 09 ’24, when Company’s Chief Technology Officer sold 2,666 for $70.25, making the entire transaction worth $187,286. This insider now owns 4,543,190 shares in total.
Elastic N.V (ESTC) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 28.72% per share during the next fiscal year.
Elastic N.V (NYSE: ESTC) Trading Performance Indicators
Take a look at Elastic N.V’s (ESTC) current performance indicators. Last quarter, stock had a quick ratio of 1.81. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.08. Likewise, its price to free cash flow for the trailing twelve months is 58.37.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.55, a number that is poised to hit 0.38 in the next quarter and is forecasted to reach 1.85 in one year’s time.
Technical Analysis of Elastic N.V (ESTC)
The latest stats from [Elastic N.V, ESTC] show that its last 5-days average volume of 0.87 million was inferior to 1.27 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 90.71%. Additionally, its Average True Range was 2.47.
During the past 100 days, Elastic N.V’s (ESTC) raw stochastic average was set at 38.14%, which indicates a significant decrease from 91.06% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.65% in the past 14 days, which was lower than the 59.78% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $78.48, while its 200-day Moving Average is $101.70. Now, the first resistance to watch is $91.73. This is followed by the second major resistance level at $93.49. The third major resistance level sits at $95.78. If the price goes on to break the first support level at $87.67, it is likely to go to the next support level at $85.38. The third support level lies at $83.62 if the price breaches the second support level.
Elastic N.V (NYSE: ESTC) Key Stats
The company with the Market Capitalisation of 9.35 billion has total of 102,751K Shares Outstanding. Its annual sales at the moment are 1,267 M in contrast with the sum of 61,720 K annual income. Company’s last quarter sales were recorded 347,420 K and last quarter income was -49,230 K.
