Corsair Gaming Inc (NASDAQ: CRSR) kicked off on Monday, up 3.46% from the previous trading day, before settling in for the closing price of $7.38. Over the past 52 weeks, CRSR has traded in a range of $5.59-$15.07.
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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 12.48%. While this was happening, its average annual earnings per share was recorded -107.60%. With a float of $44.55 million, this company’s outstanding shares have now reached $103.25 million.
The extent of productivity of a business whose workforce counts for 2387 workers is very important to gauge. In terms of profitability, gross margin is 24.4%, operating margin of -3.31%, and the pretax margin is -4.3%.
Corsair Gaming Inc (CRSR) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Computer Hardware Industry. The insider ownership of Corsair Gaming Inc is 57.45%, while institutional ownership is 32.14%. The most recent insider transaction that took place on Jul 05 ’24, was worth 20,113. In this transaction Chief Financial Officer of this company sold 1,947 shares at a rate of $10.33, taking the stock ownership to the 70,412 shares. Before that another transaction happened on Jan 08 ’24, when Company’s President & COO sold 3,837 for $14.00, making the entire transaction worth $53,718. This insider now owns 212,994 shares in total.
Corsair Gaming Inc (CRSR) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 0.22 earnings per share (EPS), lower than consensus estimate (set at 0.25) by -0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.09 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -107.60% per share during the next fiscal year.
Corsair Gaming Inc (NASDAQ: CRSR) Trading Performance Indicators
Take a look at Corsair Gaming Inc’s (CRSR) current performance indicators. Last quarter, stock had a quick ratio of 0.77. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.61. Likewise, its price to free cash flow for the trailing twelve months is 29.51.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.91, a number that is poised to hit 0.17 in the next quarter and is forecasted to reach 0.52 in one year’s time.
Technical Analysis of Corsair Gaming Inc (CRSR)
The latest stats from [Corsair Gaming Inc, CRSR] show that its last 5-days average volume of 0.46 million was superior to 0.46 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 88.59%. Additionally, its Average True Range was 0.37.
During the past 100 days, Corsair Gaming Inc’s (CRSR) raw stochastic average was set at 41.05%, which indicates a significant decrease from 88.86% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 57.12% in the past 14 days, which was lower than the 65.97% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.77, while its 200-day Moving Average is $9.42. Now, the first resistance to watch is $7.86. This is followed by the second major resistance level at $8.08. The third major resistance level sits at $8.31. If the price goes on to break the first support level at $7.40, it is likely to go to the next support level at $7.16. Assuming the price breaks the second support level, the third support level stands at $6.94.
Corsair Gaming Inc (NASDAQ: CRSR) Key Stats
The company with the Market Capitalisation of 799.39 million has total of 104,700K Shares Outstanding. Its annual sales at the moment are 1,460 M in contrast with the sum of 3,190 K annual income. Company’s last quarter sales were recorded 304,200 K and last quarter income was -51,710 K.
