On Friday, Okta Inc (NASDAQ: OKTA) was 1.48% up from the session before settling in for the closing price of $75.45. A 52-week range for OKTA has been $66.69 – $114.50.
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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 41.93%. When this article was written, the company’s average yearly earnings per share was at 62.99%. With a float of $160.27 million, this company’s outstanding shares have now reached $169.86 million.
The extent of productivity of a business whose workforce counts for 5908 workers is very important to gauge. In terms of profitability, gross margin is 75.82%, operating margin of -10.6%, and the pretax margin is -5.22%.
Okta Inc (OKTA) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Okta Inc stocks. The insider ownership of Okta Inc is 5.65%, while institutional ownership is 81.38%. The most recent insider transaction that took place on Nov 04 ’24, was worth 199,556. In this transaction an insider of this company sold 2,791 shares at a rate of $71.50, taking the stock ownership to the 22,125 shares. Before that another transaction happened on Nov 04 ’24, when Company’s Officer proposed sale 2,791 for $71.50, making the entire transaction worth $199,556.
Okta Inc (OKTA) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 62.99% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 25.00% during the next five years compared to -13.20% drop over the previous five years of trading.
Okta Inc (NASDAQ: OKTA) Trading Performance Indicators
You can see what Okta Inc (OKTA) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.76. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.38. Likewise, its price to free cash flow for the trailing twelve months is 21.19.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.83, a number that is poised to hit 0.58 in the next quarter and is forecasted to reach 2.86 in one year’s time.
Technical Analysis of Okta Inc (OKTA)
The latest stats from [Okta Inc, OKTA] show that its last 5-days average volume of 3.48 million was superior to 1.96 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 38.29%. Additionally, its Average True Range was 2.26.
During the past 100 days, Okta Inc’s (OKTA) raw stochastic average was set at 19.92%, which indicates a significant decrease from 53.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.28% in the past 14 days, which was lower than the 42.90% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $74.72, while its 200-day Moving Average is $89.17. Now, the first resistance to watch is $78.36. This is followed by the second major resistance level at $80.14. The third major resistance level sits at $81.66. If the price goes on to break the first support level at $75.05, it is likely to go to the next support level at $73.53. Assuming the price breaks the second support level, the third support level stands at $71.75.
Okta Inc (NASDAQ: OKTA) Key Stats
There are 169,862K outstanding shares of the company, which has a market capitalization of 13.20 billion. As of now, sales total 2,263 M while income totals -355,000 K. Its latest quarter income was 646,000 K while its last quarter net income were 29,000 K.
