$858.01K in average volume shows that Tenable Holdings Inc (TENB) is heading in the right direction

Tenable Holdings Inc (NASDAQ: TENB) kicked off on Tuesday, up 0.07% from the previous trading day, before settling in for the closing price of $40.76. Over the past 52 weeks, TENB has traded in a range of $35.25-$53.50.

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Technology Sector giant saw their annual sales surged by 24.57% over the last five years. While this was happening, its average annual earnings per share was recorded 51.89%. With a float of $118.06 million, this company’s outstanding shares have now reached $120.14 million.

The firm has a total of 1999 workers. Let’s measure their productivity. In terms of profitability, gross margin is 78.08%, operating margin of -2.04%, and the pretax margin is -5.14%.

Tenable Holdings Inc (TENB) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Software – Infrastructure Industry. The insider ownership of Tenable Holdings Inc is 1.73%, while institutional ownership is 91.46%. The most recent insider transaction that took place on Nov 19 ’24, was worth 196,583. Before that another transaction happened on Nov 19 ’24, when Company’s Officer proposed sale 2,209 for $40.72, making the entire transaction worth $89,945.

Tenable Holdings Inc (TENB) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 51.89% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 11.00% during the next five years compared to 13.22% growth over the previous five years of trading.

Tenable Holdings Inc (NASDAQ: TENB) Trading Performance Indicators

Take a look at Tenable Holdings Inc’s (TENB) current performance indicators. Last quarter, stock had a quick ratio of 1.21. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.58. Likewise, its price to free cash flow for the trailing twelve months is 29.83.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.51, a number that is poised to hit 0.34 in the next quarter and is forecasted to reach 1.42 in one year’s time.

Technical Analysis of Tenable Holdings Inc (TENB)

Analysing the last 5-days average volume posted by the [Tenable Holdings Inc, TENB], we can find that recorded value of 0.95 million was better than the volume posted last year of 0.93 million. As of the previous 9 days, the stock’s Stochastic %D was 30.70%. Additionally, its Average True Range was 1.15.

During the past 100 days, Tenable Holdings Inc’s (TENB) raw stochastic average was set at 39.77%, which indicates a significant decrease from 50.20% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 39.00% in the past 14 days, which was higher than the 33.40% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $40.88, while its 200-day Moving Average is $43.58. Now, the first resistance to watch is $41.12. This is followed by the second major resistance level at $41.44. The third major resistance level sits at $41.88. If the price goes on to break the first support level at $40.35, it is likely to go to the next support level at $39.91. Should the price break the second support level, the third support level stands at $39.59.

Tenable Holdings Inc (NASDAQ: TENB) Key Stats

The company with the Market Capitalisation of 4.90 billion has total of 120,135K Shares Outstanding. Its annual sales at the moment are 798,710 K in contrast with the sum of -78,280 K annual income. Company’s last quarter sales were recorded 227,090 K and last quarter income was -9,210 K.