Weave Communications Inc (NYSE: WEAV) on Friday, soared 3.50% from the previous trading day, before settling in for the closing price of $13.44. Within the past 52 weeks, WEAV’s price has moved between $8.10 and $14.50.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 40.57%. The company achieved an average annual earnings per share of 135.17%. With a float of $51.70 million, this company’s outstanding shares have now reached $70.12 million.
Considering the fact that the conglomerate employs 844 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 70.68%, operating margin of -16.36%, and the pretax margin is -14.52%.
Weave Communications Inc (WEAV) Insider Activity
Observing investor behavior towards Health Information Services industry stocks is more important than anything else. The insider ownership of Weave Communications Inc is 28.96%, while institutional ownership is 53.45%. The most recent insider transaction that took place on Nov 19 ’24, was worth 1,361,000. In this transaction 10% Owner of this company sold 100,000 shares at a rate of $13.61, taking the stock ownership to the 7,740,955 shares. Before that another transaction happened on Nov 20 ’24, when Company’s 10% Owner sold 77,831 for $13.86, making the entire transaction worth $1,078,738. This insider now owns 7,663,124 shares in total.
Weave Communications Inc (WEAV) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 135.17% per share during the next fiscal year.
Weave Communications Inc (NYSE: WEAV) Trading Performance Indicators
Weave Communications Inc (WEAV) is currently performing well based on its current performance indicators. A quick ratio of 1.45 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.35. Likewise, its price to free cash flow for the trailing twelve months is 146.12.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.40, a number that is poised to hit 0.02 in the next quarter and is forecasted to reach 0.11 in one year’s time.
Technical Analysis of Weave Communications Inc (WEAV)
Compared to the last year’s volume of 0.51 million, its volume of 0.85 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 52.54%. Additionally, its Average True Range was 0.61.
During the past 100 days, Weave Communications Inc’s (WEAV) raw stochastic average was set at 89.74%, which indicates a significant increase from 66.48% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 43.15% in the past 14 days, which was higher than the 42.82% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $13.05, while its 200-day Moving Average is $11.10. Nevertheless, the first resistance level for the watch stands at $14.29 in the near term. At $14.66, the stock is likely to face the second major resistance level. The third major resistance level sits at $15.40. If the price goes on to break the first support level at $13.17, it is likely to go to the next support level at $12.43. Should the price break the second support level, the third support level stands at $12.06.
Weave Communications Inc (NYSE: WEAV) Key Stats
Market capitalization of the company is 1.05 billion based on 72,771K outstanding shares. Right now, sales total 170,470 K and income totals -31,030 K. The company made 52,390 K in profit during its latest quarter, and -5,880 K in sales during its previous quarter.
