6.51% volatility in TTEC Holdings Inc (TTEC) last month: This is a red flag warning

TTEC Holdings Inc (NASDAQ: TTEC) on Monday, soared 6.97% from the previous trading day, before settling in for the closing price of $5.02. Within the past 52 weeks, TTEC’s price has moved between $3.67 and $22.69.

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A company in the Technology sector has jumped its sales by 10.19% annually for the last half of the decade. The company achieved an average annual earnings per share of -67.10%. With a float of $19.61 million, this company’s outstanding shares have now reached $47.43 million.

In an organization with 60000 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 18.63%, operating margin of 3.18%, and the pretax margin is -11.24%.

TTEC Holdings Inc (TTEC) Insider Updates

Observing investor behavior towards Information Technology Services industry stocks is more important than anything else. The insider ownership of TTEC Holdings Inc is 58.92%, while institutional ownership is 37.92%.

TTEC Holdings Inc (TTEC) Performance Highlights and Predictions

According to the Wall Street analysts, stocks earnings will be around -67.10% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 4.00% during the next five years compared to -25.46% drop over the previous five years of trading.

TTEC Holdings Inc (NASDAQ: TTEC) Trading Performance Indicators

TTEC Holdings Inc (TTEC) is currently performing well based on its current performance indicators. A quick ratio of 1.93 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 0.12.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -7.00, a number that is poised to hit 0.20 in the next quarter and is forecasted to reach 1.00 in one year’s time.

Technical Analysis of TTEC Holdings Inc (TTEC)

Let’s dig in a bit further. During the last 5-days, its volume was 0.5 million. That was inferior than the volume of 0.55 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 82.55%. Additionally, its Average True Range was 0.33.

During the past 100 days, TTEC Holdings Inc’s (TTEC) raw stochastic average was set at 35.56%, which indicates a significant decrease from 88.56% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 84.38% in the past 14 days, which was lower than the 97.60% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $5.12, while its 200-day Moving Average is $7.41. However, in the short run, TTEC Holdings Inc’s stock first resistance to watch stands at $5.55. Second resistance stands at $5.74. The third major resistance level sits at $5.95. If the price goes on to break the first support level at $5.15, it is likely to go to the next support level at $4.94. Assuming the price breaks the second support level, the third support level stands at $4.75.

TTEC Holdings Inc (NASDAQ: TTEC) Key Stats

Market capitalization of the company is 267.50 million based on 47,729K outstanding shares. Right now, sales total 2,463 M and income totals 8,430 K. The company made 529,430 K in profit during its latest quarter, and -21,120 K in sales during its previous quarter.