As on Thursday, Reddit Inc (NYSE: RDDT) started slowly as it slid -0.14% to $131.88, before settling in for the price of $132.06 at the close. Taking a more long-term approach, RDDT posted a 52-week range of $37.35-$139.04.
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The company of the Communication Services sector’s yearbook sales growth during the past 5- year span was recorded 56.64%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -184.80%. This publicly-traded company’s shares outstanding now amounts to $175.58 million, simultaneously with a float of $93.72 million. The organization now has a market capitalization sitting at $23.16 billion. At the time of writing, stock’s 50-day Moving Average stood at $82.42.
Reddit Inc (RDDT) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Internet Content & Information industry. Reddit Inc’s current insider ownership accounts for 46.62%, in contrast to 26.08% institutional ownership. According to the most recent insider trade that took place on Nov 11 ’24, this organization’s 10% Owner sold 722,680 shares at the rate of 133.08, making the entire transaction reach 96,171,528 in total value, affecting insider ownership by 10,014,317. Preceding that transaction, on Nov 13 ’24, Company’s 10% Owner sold 460,954 for 132.67, making the whole transaction’s value amount to 61,153,418. This particular insider is now the holder of 9,238,594 in total.
Reddit Inc (RDDT) Earnings and Revenue Records
Reddit Inc’s EPS decrease for this current 12-month fiscal period is -184.80% and is forecasted to reach 0.66 in the upcoming year.
Reddit Inc (NYSE: RDDT) Trading Performance Indicators
Let’s observe the current performance indicators for Reddit Inc (RDDT). It’s Quick Ratio in the last reported quarter now stands at 11.96. The Stock has managed to achieve an average true range (ATR) of 6.81. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 20.63. Similarly, its price to free cash flow for trailing twelve months is now 221.31.
In the same vein, RDDT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -3.30, a figure that is expected to reach 0.22 in the next quarter, and analysts are predicting that it will be 0.66 at the market close of one year from today.
Technical Analysis of Reddit Inc (RDDT)
Through scrutinizing the latest numbers posted by the [Reddit Inc, RDDT], it can be observed that its last 5-days Average volume of 4.52 million was lower the volume of 4.87 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 72.08% While, its Average True Range was 7.44.
Raw Stochastic average of Reddit Inc (RDDT) in the period of the previous 100 days is set at 92.04%, which indicates a major rise in contrast to 88.05% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 155.21% that was higher than 77.81% volatility it exhibited in the past 100-days period.
