Okta Inc (OKTA) 14-day ATR is 2.07: This Stock is Set to Soar Above its Peers

Okta Inc (NASDAQ: OKTA) flaunted slowness of -1.10% at $73.69, before settling in for the price of $74.51 at the close. Taking a more long-term approach, OKTA posted a 52-week range of $66.69-$114.50.

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The Technology Sector giants’ yearly sales growth during the last 5-year period was 41.93%. Meanwhile, its Annual Earning per share during the time was -13.20%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 62.99%. This publicly-traded company’s shares outstanding now amounts to $169.86 million, simultaneously with a float of $160.27 million. The organization now has a market capitalization sitting at $12.52 billion. At the time of writing, stock’s 50-day Moving Average stood at $74.63, while the 200-day Moving Average is $89.25.

Okta Inc (OKTA) Ownership Facts and Figures

Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Okta Inc industry. Okta Inc’s current insider ownership accounts for 5.65%, in contrast to 81.36% institutional ownership. According to the most recent insider trade that took place on Nov 04 ’24, this organization’s insider sold 2,791 shares at the rate of 71.50, making the entire transaction reach 199,556 in total value, affecting insider ownership by 22,125.

Okta Inc (OKTA) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.67 per share during the current fiscal year.

Okta Inc’s EPS increase for this current 12-month fiscal period is 62.99% and is forecasted to reach 2.86 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 25.00% through the next 5 years, which can be compared against the -13.20% growth it accomplished over the previous five years trading on the market.

Okta Inc (NASDAQ: OKTA) Trading Performance Indicators

Let’s observe the current performance indicators for Okta Inc (OKTA). It’s Quick Ratio in the last reported quarter now stands at 1.76. The Stock has managed to achieve an average true range (ATR) of 2.07. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 5.10. Similarly, its price to free cash flow for trailing twelve months is now 20.09.

In the same vein, OKTA’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.83, a figure that is expected to reach 0.58 in the next quarter, and analysts are predicting that it will be 2.86 at the market close of one year from today.

Technical Analysis of Okta Inc (OKTA)

Now, what If we examine the latest scores posted by [Okta Inc, OKTA]. During the last 5-days, its volume was better the volume of 1.92 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 20.01% While, its Average True Range was 2.17.

Raw Stochastic average of Okta Inc (OKTA) in the period of the previous 100 days is set at 10.37%, which indicates a major fall in contrast to 28.29% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 30.34% that was lower than 42.64% volatility it exhibited in the past 100-days period.