Okta Inc (NASDAQ: OKTA) kicked off on Tuesday, down -0.29% from the previous trading day, before settling in for the closing price of $78.45. Over the past 52 weeks, OKTA has traded in a range of $66.69-$114.50.
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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 41.93%. While this was happening, its average annual earnings per share was recorded 63.01%. With a float of $160.07 million, this company’s outstanding shares have now reached $169.86 million.
The extent of productivity of a business whose workforce counts for 5908 workers is very important to gauge. In terms of profitability, gross margin is 75.82%, operating margin of -10.6%, and the pretax margin is -5.22%.
Okta Inc (OKTA) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Software – Infrastructure Industry. The insider ownership of Okta Inc is 5.76%, while institutional ownership is 81.49%. The most recent insider transaction that took place on Nov 04 ’24, was worth 199,556. In this transaction an insider of this company sold 2,791 shares at a rate of $71.50, taking the stock ownership to the 22,125 shares. Before that another transaction happened on Nov 04 ’24, when Company’s Officer proposed sale 2,791 for $71.50, making the entire transaction worth $199,556.
Okta Inc (OKTA) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 63.01% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 25.00% during the next five years compared to -13.20% drop over the previous five years of trading.
Okta Inc (NASDAQ: OKTA) Trading Performance Indicators
Take a look at Okta Inc’s (OKTA) current performance indicators. Last quarter, stock had a quick ratio of 1.76. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.42. Likewise, its price to free cash flow for the trailing twelve months is 21.33.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.83, a number that is poised to hit 0.59 in the next quarter and is forecasted to reach 2.86 in one year’s time.
Technical Analysis of Okta Inc (OKTA)
The latest stats from [Okta Inc, OKTA] show that its last 5-days average volume of 1.58 million was inferior to 1.92 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 91.25%. Additionally, its Average True Range was 1.81.
During the past 100 days, Okta Inc’s (OKTA) raw stochastic average was set at 25.39%, which indicates a significant decrease from 89.46% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.41% in the past 14 days, which was lower than the 42.70% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $74.39, while its 200-day Moving Average is $89.50. Now, the first resistance to watch is $79.23. This is followed by the second major resistance level at $80.25. The third major resistance level sits at $81.41. If the price goes on to break the first support level at $77.05, it is likely to go to the next support level at $75.89. The third support level lies at $74.87 if the price breaches the second support level.
Okta Inc (NASDAQ: OKTA) Key Stats
The company with the Market Capitalisation of 13.29 billion has total of 169,862K Shares Outstanding. Its annual sales at the moment are 2,263 M in contrast with the sum of -355,000 K annual income. Company’s last quarter sales were recorded 646,000 K and last quarter income was 29,000 K.
