A major move is in the offing as Digi International, Inc (DGII) market cap hits 1.26 billion

On Friday, Digi International, Inc (NASDAQ: DGII) was 4.67% up from the session before settling in for the closing price of $31.48. A 52-week range for DGII has been $20.17 – $34.08.

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Technology Sector giant saw their annual sales surged by 11.21% over the last five years. When this article was written, the company’s average yearly earnings per share was at -5.13%. With a float of $35.56 million, this company’s outstanding shares have now reached $36.55 million.

The firm has a total of 805 workers. Let’s measure their productivity. In terms of profitability, gross margin is 56.49%, operating margin of 11.34%, and the pretax margin is 5.39%.

Digi International, Inc (DGII) Insider Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Digi International, Inc stocks. The insider ownership of Digi International, Inc is 2.34%, while institutional ownership is 101.65%. The most recent insider transaction that took place on Nov 21 ’24, was worth 222,330. In this transaction Director of this company sold 7,000 shares at a rate of $31.76, taking the stock ownership to the 83,255 shares. Before that another transaction happened on Nov 21 ’24, when Company’s Director proposed sale 7,000 for $31.50, making the entire transaction worth $220,500.

Digi International, Inc (DGII) Earnings and Forecasts

Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 0.48 earnings per share (EPS) during the time that was better than consensus figure (set at 0.44) by 0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.48 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -5.13% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 14.75% during the next five years compared to 11.78% growth over the previous five years of trading.

Digi International, Inc (NASDAQ: DGII) Trading Performance Indicators

You can see what Digi International, Inc (DGII) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.13. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.96. Likewise, its price to free cash flow for the trailing twelve months is 15.53.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.60, a number that is poised to hit 0.48 in the next quarter and is forecasted to reach 1.99 in one year’s time.

Technical Analysis of Digi International, Inc (DGII)

Analysing the last 5-days average volume posted by the [Digi International, Inc, DGII], we can find that recorded value of 0.32 million was better than the volume posted last year of 0.2 million. As of the previous 9 days, the stock’s Stochastic %D was 46.84%. Additionally, its Average True Range was 1.21.

During the past 100 days, Digi International, Inc’s (DGII) raw stochastic average was set at 91.85%, which indicates a significant increase from 77.28% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.72% in the past 14 days, which was lower than the 46.10% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $29.65, while its 200-day Moving Average is $27.89. Now, the first resistance to watch is $33.57. This is followed by the second major resistance level at $34.18. The third major resistance level sits at $35.17. If the price goes on to break the first support level at $31.97, it is likely to go to the next support level at $30.98. Should the price break the second support level, the third support level stands at $30.37.

Digi International, Inc (NASDAQ: DGII) Key Stats

There are 36,415K outstanding shares of the company, which has a market capitalization of 1.26 billion. As of now, sales total 424,050 K while income totals 22,510 K. Its latest quarter income was 105,050 K while its last quarter net income were 11,860 K.