On Monday, Astera Labs Inc (NASDAQ: ALAB) opened lower -7.10% from the last session, before settling in for the closing price of $99.30. Price fluctuations for ALAB have ranged from $36.22 to $99.84 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Annual sales at Technology sector company grew by 44.97% over the past five years. Company’s average yearly earnings per share was noted 739.10% at the time writing. With a float of $113.06 million, this company’s outstanding shares have now reached $155.47 million.
Let’s look at the performance matrix of the company that is accounted for 267 employees. In terms of profitability, gross margin is 77.62%, operating margin of -35.06%, and the pretax margin is -26.75%.
Astera Labs Inc (ALAB) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Semiconductors industry is another important factor to consider. The insider ownership of Astera Labs Inc is 27.83%, while institutional ownership is 32.70%. The most recent insider transaction that took place on Nov 06 ’24, was worth 4,485,093. In this transaction Director of this company sold 50,000 shares at a rate of $89.70, taking the stock ownership to the 129,617 shares. Before that another transaction happened on Nov 06 ’24, when Company’s Director sold 6,567 for $90.00, making the entire transaction worth $591,030. This insider now owns 203,445 shares in total.
Astera Labs Inc (ALAB) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.25 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 739.10% per share during the next fiscal year.
Astera Labs Inc (NASDAQ: ALAB) Trading Performance Indicators
Check out the current performance indicators for Astera Labs Inc (ALAB). In the past quarter, the stock posted a quick ratio of 10.46. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 50.30.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.60, a number that is poised to hit 0.26 in the next quarter and is forecasted to reach 1.14 in one year’s time.
Technical Analysis of Astera Labs Inc (ALAB)
Astera Labs Inc (NASDAQ: ALAB) saw its 5-day average volume 11.99 million, a positive change from its year-to-date volume of 3.03 million. As of the previous 9 days, the stock’s Stochastic %D was 85.99%. Additionally, its Average True Range was 6.19.
During the past 100 days, Astera Labs Inc’s (ALAB) raw stochastic average was set at 87.73%, which indicates a significant increase from 77.59% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 142.43% in the past 14 days, which was higher than the 93.36% volatility it showed in the past 100 days.
Nevertheless, the first resistance level for the watch stands at $98.52 in the near term. At $104.78, the stock is likely to face the second major resistance level. The third major resistance level sits at $109.48. If the price goes on to break the first support level at $87.56, it is likely to go to the next support level at $82.86. The third support level lies at $76.60 if the price breaches the second support level.
Astera Labs Inc (NASDAQ: ALAB) Key Stats
There are currently 158,611K shares outstanding in the company with a market cap of 15.38 billion. Presently, the company’s annual sales total 115,790 K according to its annual income of -26,260 K. Last quarter, the company’s sales amounted to 76,850 K and its income totaled -7,550 K.
