A new trading day began on Monday, with Wix.com Ltd (NASDAQ: WIX) stock price up 6.46% from the previous day of trading, before settling in for the closing price of $172.50. WIX’s price has ranged from $85.38 to $179.00 over the past 52 weeks.
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Annual sales at Technology sector company grew by 21.24% over the past five years. Meanwhile, its annual earnings per share averaged 34.04%. With a float of $53.45 million, this company’s outstanding shares have now reached $57.17 million.
Let’s look at the performance matrix of the company that is accounted for 5302 employees. In terms of profitability, gross margin is 67.69%, operating margin of 2.26%, and the pretax margin is 5.23%.
Wix.com Ltd (WIX) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Infrastructure Industry. The insider ownership of Wix.com Ltd is 3.94%, while institutional ownership is 83.54%. The most recent insider transaction that took place on Nov 07 ’24, was worth 8,344,000. Before that another transaction happened on Oct 18 ’24, when Company’s Officer proposed sale 65 for $177.24, making the entire transaction worth $11,521.
Wix.com Ltd (WIX) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 34.04% per share during the next fiscal year.
Wix.com Ltd (NASDAQ: WIX) Trading Performance Indicators
Here are Wix.com Ltd’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.09. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.20. Likewise, its price to free cash flow for the trailing twelve months is 33.66.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.24, a number that is poised to hit 1.44 in the next quarter and is forecasted to reach 7.07 in one year’s time.
Technical Analysis of Wix.com Ltd (WIX)
Wix.com Ltd (NASDAQ: WIX) saw its 5-day average volume 0.45 million, a negative change from its year-to-date volume of 0.54 million. As of the previous 9 days, the stock’s Stochastic %D was 97.12%. Additionally, its Average True Range was 5.39.
During the past 100 days, Wix.com Ltd’s (WIX) raw stochastic average was set at 98.56%, which indicates a significant increase from 97.11% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 33.66% in the past 14 days, which was lower than the 33.87% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $163.86, while its 200-day Moving Average is $150.63. Nevertheless, the first resistance level for the watch stands at $188.09 in the near term. At $192.54, the stock is likely to face the second major resistance level. The third major resistance level sits at $200.77. If the price goes on to break the first support level at $175.41, it is likely to go to the next support level at $167.18. The third support level lies at $162.73 if the price breaches the second support level.
Wix.com Ltd (NASDAQ: WIX) Key Stats
With a market capitalization of 10.25 billion, the company has a total of 54,822K Shares Outstanding. Currently, annual sales are 1,562 M while annual income is 33,140 K. The company’s previous quarter sales were 435,750 K while its latest quarter income was 39,520 K.
