As on Wednesday, Gitlab Inc (NASDAQ: GTLB) started slowly as it slid -3.87% to $63.80, before settling in for the price of $66.37 at the close. Taking a more long-term approach, GTLB posted a 52-week range of $40.72-$78.53.
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The company of the Technology sector’s yearbook sales growth during the past 5- year span was recorded 64.50%. Meanwhile, its Annual Earning per share during the time was -31.81%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 133.96%. This publicly-traded company’s shares outstanding now amounts to $160.46 million, simultaneously with a float of $120.17 million. The organization now has a market capitalization sitting at $9.84 billion. At the time of writing, stock’s 50-day Moving Average stood at $56.14, while the 200-day Moving Average is $54.16.
Gitlab Inc (GTLB) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Software – Infrastructure industry. Gitlab Inc’s current insider ownership accounts for 25.11%, in contrast to 62.82% institutional ownership. According to the most recent insider trade that took place on Nov 19 ’24, this organization’s Chief Executive Officer sold 195,224 shares at the rate of 60.53, making the entire transaction reach 11,816,909 in total value, affecting insider ownership by 0. Preceding that transaction, on Nov 18 ’24, Company’s Chief Executive Officer sold 84,776 for 59.64, making the whole transaction’s value amount to 5,055,961. This particular insider is now the holder of 0 in total.
Gitlab Inc (GTLB) Earnings and Revenue Records
Gitlab Inc’s EPS increase for this current 12-month fiscal period is 133.96% and is forecasted to reach 0.64 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 30.00% through the next 5 years, which can be compared against the -31.81% growth it accomplished over the previous five years trading on the market.
Gitlab Inc (NASDAQ: GTLB) Trading Performance Indicators
Let’s observe the current performance indicators for Gitlab Inc (GTLB). It’s Quick Ratio in the last reported quarter now stands at 1.92. The Stock has managed to achieve an average true range (ATR) of 2.64. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 14.79. Similarly, its price to free cash flow for trailing twelve months is now 148.86.
In the same vein, GTLB’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -2.34, a figure that is expected to reach 0.15 in the next quarter, and analysts are predicting that it will be 0.64 at the market close of one year from today.
Technical Analysis of Gitlab Inc (GTLB)
Through scrutinizing the latest numbers posted by the [Gitlab Inc, GTLB], it can be observed that its last 5-days Average volume of 2.66 million was better the volume of 2.34 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 69.80% While, its Average True Range was 2.80.
Raw Stochastic average of Gitlab Inc (GTLB) in the period of the previous 100 days is set at 82.53%, which indicates a major rise in contrast to 53.49% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 31.44% that was lower than 57.57% volatility it exhibited in the past 100-days period.
