On Tuesday, Alkami Technology Inc (NASDAQ: ALKT) was 3.62% up from the session before settling in for the closing price of $36.49. A 52-week range for ALKT has been $21.19 – $41.36.
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A company in the Technology sector has jumped its sales by 38.02% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 722.86%. With a float of $57.65 million, this company’s outstanding shares have now reached $96.72 million.
In an organization with 917 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 57.77%, operating margin of -15.48%, and the pretax margin is -14.52%.
Alkami Technology Inc (ALKT) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Alkami Technology Inc stocks. The insider ownership of Alkami Technology Inc is 42.64%, while institutional ownership is 46.99%. The most recent insider transaction that took place on Nov 12 ’24, was worth 199,174. In this transaction Chief Legal Officer of this company sold 5,239 shares at a rate of $38.02, taking the stock ownership to the 248,585 shares. Before that another transaction happened on Nov 11 ’24, when Company’s Chief Legal Officer sold 2,219 for $38.01, making the entire transaction worth $84,334. This insider now owns 248,585 shares in total.
Alkami Technology Inc (ALKT) Latest Financial update
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 0.02 earnings per share (EPS) during the time that was better than consensus figure (set at 0.02) by 0. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.1 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 722.86% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 30.00% during the next five years compared to -6.87% drop over the previous five years of trading.
Alkami Technology Inc (NASDAQ: ALKT) Trading Performance Indicators
You can see what Alkami Technology Inc (ALKT) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 3.27. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 12.04. Likewise, its price to free cash flow for the trailing twelve months is 690.87.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.47, a number that is poised to hit 0.08 in the next quarter and is forecasted to reach 0.51 in one year’s time.
Technical Analysis of Alkami Technology Inc (ALKT)
Let’s dig in a bit further. During the last 5-days, its volume was 0.77 million. That was better than the volume of 0.5 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 33.52%. Additionally, its Average True Range was 1.56.
During the past 100 days, Alkami Technology Inc’s (ALKT) raw stochastic average was set at 73.37%, which indicates a significant increase from 51.37% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 49.77% in the past 14 days, which was higher than the 41.14% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $34.54, while its 200-day Moving Average is $29.27. However, in the short run, Alkami Technology Inc’s stock first resistance to watch stands at $38.46. Second resistance stands at $39.10. The third major resistance level sits at $40.37. If the price goes on to break the first support level at $36.54, it is likely to go to the next support level at $35.27. The third support level lies at $34.62 if the price breaches the second support level.
Alkami Technology Inc (NASDAQ: ALKT) Key Stats
There are 100,497K outstanding shares of the company, which has a market capitalization of 3.80 billion. As of now, sales total 264,830 K while income totals -62,910 K. Its latest quarter income was 85,910 K while its last quarter net income were -9,440 K.
