Axalta Coating Systems Ltd (AXTA) posted a -1.97% change over the last five days signaling a new trend

On Tuesday, Axalta Coating Systems Ltd (NYSE: AXTA) was -2.71% drop from the session before settling in for the closing price of $39.90. A 52-week range for AXTA has been $30.40 – $40.91.

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Basic Materials Sector giant saw their annual sales surged by 2.75% over the last five years. When this article was written, the company’s average yearly earnings per share was at 37.38%. With a float of $217.22 million, this company’s outstanding shares have now reached $220.10 million.

The firm has a total of 12000 workers. Let’s measure their productivity. In terms of profitability, gross margin is 32.85%, operating margin of 12.93%, and the pretax margin is 8.72%.

Axalta Coating Systems Ltd (AXTA) Breakdown of a Key Holders of the stock

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Axalta Coating Systems Ltd stocks. The insider ownership of Axalta Coating Systems Ltd is 0.38%, while institutional ownership is 102.11%. The most recent insider transaction that took place on Dec 04 ’23, was worth 335,895. In this transaction SVP, Glbl Mobility Coatings of this company sold 10,500 shares at a rate of $31.99, taking the stock ownership to the 14,656 shares.

Axalta Coating Systems Ltd (AXTA) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around 37.38% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 18.19% during the next five years compared to 7.16% growth over the previous five years of trading.

Axalta Coating Systems Ltd (NYSE: AXTA) Trading Performance Indicators

You can see what Axalta Coating Systems Ltd (AXTA) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.42. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.61. Likewise, its price to free cash flow for the trailing twelve months is 16.62.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.48, a number that is poised to hit 0.52 in the next quarter and is forecasted to reach 2.42 in one year’s time.

Technical Analysis of Axalta Coating Systems Ltd (AXTA)

Analysing the last 5-days average volume posted by the [Axalta Coating Systems Ltd, AXTA], we can find that recorded value of 1.86 million was lower than the volume posted last year of 2.02 million. As of the previous 9 days, the stock’s Stochastic %D was 43.82%. Additionally, its Average True Range was 0.85.

During the past 100 days, Axalta Coating Systems Ltd’s (AXTA) raw stochastic average was set at 72.06%, which indicates a significant increase from 37.61% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.57% in the past 14 days, which was lower than the 26.52% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $36.99, while its 200-day Moving Average is $34.76. Now, the first resistance to watch is $39.51. This is followed by the second major resistance level at $40.20. The third major resistance level sits at $40.62. If the price goes on to break the first support level at $38.40, it is likely to go to the next support level at $37.98. Now, if the price goes above the second support level, the third support stands at $37.29.

Axalta Coating Systems Ltd (NYSE: AXTA) Key Stats

There are 218,063K outstanding shares of the company, which has a market capitalization of 8.47 billion. As of now, sales total 5,184 M while income totals 267,400 K. Its latest quarter income was 1,320 M while its last quarter net income were 101,000 K.