A10 Networks Inc (NYSE: ATEN) on Tuesday, soared 2.73% from the previous trading day, before settling in for the closing price of $16.49. Within the past 52 weeks, ATEN’s price has moved between $12.12 and $16.92.
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Technology Sector giant saw their annual sales surged by 2.08% over the last five years. The company achieved an average annual earnings per share of 6.64%. With a float of $71.90 million, this company’s outstanding shares have now reached $74.36 million.
The firm has a total of 525 workers. Let’s measure their productivity. In terms of profitability, gross margin is 80.69%, operating margin of 16.9%, and the pretax margin is 21.59%.
A10 Networks Inc (ATEN) Insider Activity
Observing investor behavior towards Software – Infrastructure industry stocks is more important than anything else. The insider ownership of A10 Networks Inc is 2.57%, while institutional ownership is 91.90%. The most recent insider transaction that took place on Nov 14 ’24, was worth 388,615. In this transaction Director of this company sold 23,754 shares at a rate of $16.36, taking the stock ownership to the 516,933 shares. Before that another transaction happened on Nov 13 ’24, when Company’s Director sold 78,479 for $16.59, making the entire transaction worth $1,301,967. This insider now owns 540,687 shares in total.
A10 Networks Inc (ATEN) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 6.64% per share during the next fiscal year.
A10 Networks Inc (NYSE: ATEN) Trading Performance Indicators
A10 Networks Inc (ATEN) is currently performing well based on its current performance indicators. A quick ratio of 2.01 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 4.85. Likewise, its price to free cash flow for the trailing twelve months is 22.95.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.66, a number that is poised to hit 0.22 in the next quarter and is forecasted to reach 0.86 in one year’s time.
Technical Analysis of A10 Networks Inc (ATEN)
Analysing the last 5-days average volume posted by the [A10 Networks Inc, ATEN], we can find that recorded value of 0.82 million was better than the volume posted last year of 0.72 million. As of the previous 9 days, the stock’s Stochastic %D was 66.71%. Additionally, its Average True Range was 0.36.
During the past 100 days, A10 Networks Inc’s (ATEN) raw stochastic average was set at 99.57%, which indicates a significant increase from 98.90% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.89% in the past 14 days, which was lower than the 26.01% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $14.99, while its 200-day Moving Average is $14.09. Now, the first resistance to watch is $17.15. This is followed by the second major resistance level at $17.35. The third major resistance level sits at $17.75. If the price goes on to break the first support level at $16.55, it is likely to go to the next support level at $16.15. Should the price break the second support level, the third support level stands at $15.95.
A10 Networks Inc (NYSE: ATEN) Key Stats
Market capitalization of the company is 1.25 billion based on 73,799K outstanding shares. Right now, sales total 251,700 K and income totals 39,970 K. The company made 66,720 K in profit during its latest quarter, and 12,640 K in sales during its previous quarter.
