On Tuesday, Impinj Inc (NASDAQ: PI) opened higher 3.93% from the last session, before settling in for the closing price of $175.92. Price fluctuations for PI have ranged from $78.17 to $239.88 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
A company in the Technology sector has jumped its sales by 21.45% annually for the last half of the decade. Company’s average yearly earnings per share was noted 195.87% at the time writing. With a float of $27.17 million, this company’s outstanding shares have now reached $28.29 million.
In an organization with 475 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 50.99%, operating margin of -5.28%, and the pretax margin is 8.31%.
Impinj Inc (PI) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Communication Equipment industry is another important factor to consider. The insider ownership of Impinj Inc is 3.96%, while institutional ownership is 102.81%. The most recent insider transaction that took place on Nov 12 ’24, was worth 2,367,990. In this transaction of this company sold 11,926 shares at a rate of $198.56, taking the stock ownership to the 2,131,810 shares. Before that another transaction happened on Nov 13 ’24, when Company’s sold 2,550 for $195.41, making the entire transaction worth $498,289. This insider now owns 2,129,260 shares in total.
Impinj Inc (PI) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 195.87% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.00% during the next five years compared to 0.37% growth over the previous five years of trading.
Impinj Inc (NASDAQ: PI) Trading Performance Indicators
Check out the current performance indicators for Impinj Inc (PI). In the past quarter, the stock posted a quick ratio of 0.73. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 14.98. Likewise, its price to free cash flow for the trailing twelve months is 50.95.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.85, a number that is poised to hit 0.48 in the next quarter and is forecasted to reach 2.72 in one year’s time.
Technical Analysis of Impinj Inc (PI)
Let’s dig in a bit further. During the last 5-days, its volume was 0.46 million. That was inferior than the volume of 0.47 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 12.71%. Additionally, its Average True Range was 9.14.
During the past 100 days, Impinj Inc’s (PI) raw stochastic average was set at 48.30%, which indicates a significant increase from 27.42% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 38.19% in the past 14 days, which was lower than the 55.28% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $205.88, while its 200-day Moving Average is $159.43. However, in the short run, Impinj Inc’s stock first resistance to watch stands at $186.96. Second resistance stands at $191.09. The third major resistance level sits at $198.55. If the price goes on to break the first support level at $175.37, it is likely to go to the next support level at $167.91. The third support level lies at $163.78 if the price breaches the second support level.
Impinj Inc (NASDAQ: PI) Key Stats
There are currently 28,289K shares outstanding in the company with a market cap of 5.17 billion. Presently, the company’s annual sales total 307,540 K according to its annual income of -43,370 K. Last quarter, the company’s sales amounted to 95,200 K and its income totaled 220 K.
