A new trading day began on Monday, with Dropbox Inc (NASDAQ: DBX) stock price down -2.51% from the previous day of trading, before settling in for the closing price of $27.06. DBX’s price has ranged from $20.68 to $33.43 over the past 52 weeks.
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Technology Sector giant saw their annual sales surged by 12.53% over the last five years. Meanwhile, its annual earnings per share averaged 21.86%. With a float of $220.32 million, this company’s outstanding shares have now reached $256.00 million.
The firm has a total of 2693 workers. Let’s measure their productivity. In terms of profitability, gross margin is 82.36%, operating margin of 20.01%, and the pretax margin is 27.16%.
Dropbox Inc (DBX) Insider Activity
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 Dropbox Inc is 28.98%, while institutional ownership is 72.06%. The most recent insider transaction that took place on Nov 18 ’24, was worth 63,050. Before that another transaction happened on Nov 14 ’24, when Company’s Chief Executive Officer sold 624,533 for $27.69, making the entire transaction worth $17,295,692. This insider now owns 0 shares in total.
Dropbox Inc (DBX) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 21.86% per share during the next fiscal year.
Dropbox Inc (NASDAQ: DBX) Trading Performance Indicators
Here are Dropbox Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.85. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.15. Likewise, its price to free cash flow for the trailing twelve months is 9.40.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.73, a number that is poised to hit 0.62 in the next quarter and is forecasted to reach 2.61 in one year’s time.
Technical Analysis of Dropbox Inc (DBX)
Analysing the last 5-days average volume posted by the [Dropbox Inc, DBX], we can find that recorded value of 2.76 million was lower than the volume posted last year of 3.69 million. As of the previous 9 days, the stock’s Stochastic %D was 59.43%. Additionally, its Average True Range was 0.76.
During the past 100 days, Dropbox Inc’s (DBX) raw stochastic average was set at 72.81%, which indicates a significant increase from 37.83% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.59% in the past 14 days, which was higher than the 26.62% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $25.82, while its 200-day Moving Average is $24.29. Now, the first resistance to watch is $26.93. This is followed by the second major resistance level at $27.48. The third major resistance level sits at $27.87. If the price goes on to break the first support level at $25.98, it is likely to go to the next support level at $25.59. Should the price break the second support level, the third support level stands at $25.04.
Dropbox Inc (NASDAQ: DBX) Key Stats
With a market capitalization of 8.00 billion, the company has a total of 309,730K Shares Outstanding. Currently, annual sales are 2,502 M while annual income is 453,600 K. The company’s previous quarter sales were 638,800 K while its latest quarter income was 106,700 K.
