On Friday, Spotify Technology S.A (NYSE: SPOT) opened higher 0.36% from the last session, before settling in for the closing price of $475.24. Price fluctuations for SPOT have ranged from $179.66 to $489.69 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Communication Services sector saw sales topped by 18.39%. Company’s average yearly earnings per share was noted 312.07% at the time writing. With a float of $141.77 million, this company’s outstanding shares have now reached $197.14 million.
In terms of profitability, gross margin is 28.57%, operating margin of 5.38%, and the pretax margin is 4.71%.
Spotify Technology S.A (SPOT) Insider Updates
A key investor’s attitude towards the stock of the Internet Content & Information industry is another important factor to consider. The insider ownership of Spotify Technology S.A is 27.58%, while institutional ownership is 64.16%. The most recent insider transaction that took place on Nov 26 ’24, was worth 36,103,500. Before that another transaction happened on Nov 20 ’24, when Company’s Director and Chief Executive O proposed sale 75,000 for $463.83, making the entire transaction worth $34,787,250.
Spotify Technology S.A (SPOT) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 312.07% per share during the next fiscal year.
Spotify Technology S.A (NYSE: SPOT) Trading Performance Indicators
Check out the current performance indicators for Spotify Technology S.A (SPOT). In the past quarter, the stock posted a quick ratio of 1.71. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.73. Likewise, its price to free cash flow for the trailing twelve months is 47.17.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.69, a number that is poised to hit 2.11 in the next quarter and is forecasted to reach 9.53 in one year’s time.
Technical Analysis of Spotify Technology S.A (SPOT)
The latest stats from [Spotify Technology S.A, SPOT] show that its last 5-days average volume of 7.13 million was superior to 2.06 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 72.80%. Additionally, its Average True Range was 12.45.
During the past 100 days, Spotify Technology S.A’s (SPOT) raw stochastic average was set at 93.69%, which indicates a significant increase from 85.01% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 49.22% in the past 14 days, which was higher than the 35.45% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $402.09, while its 200-day Moving Average is $327.30. Now, the first resistance to watch is $479.44. This is followed by the second major resistance level at $481.93. The third major resistance level sits at $484.98. If the price goes on to break the first support level at $473.90, it is likely to go to the next support level at $470.85. Assuming the price breaks the second support level, the third support level stands at $468.36.
Spotify Technology S.A (NYSE: SPOT) Key Stats
There are currently 199,054K shares outstanding in the company with a market cap of 93.82 billion. Presently, the company’s annual sales total 14,337 M according to its annual income of -575,780 K. Last quarter, the company’s sales amounted to 4,385 M and its income totaled 329,880 K.
