Freshworks Inc (NASDAQ: FRSH) kicked off on Monday, up 0.69% from the previous trading day, before settling in for the closing price of $15.99. Over the past 52 weeks, FRSH has traded in a range of $10.81-$24.98.
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Annual sales at Technology sector company grew by 36.86% over the past five years. While this was happening, its average annual earnings per share was recorded 49.89%. With a float of $169.25 million, this company’s outstanding shares have now reached $232.73 million.
Let’s look at the performance matrix of the company that is accounted for 4900 employees. In terms of profitability, gross margin is 83.84%, operating margin of -22.58%, and the pretax margin is -14.6%.
Freshworks Inc (FRSH) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Software – Application Industry. The insider ownership of Freshworks Inc is 44.12%, while institutional ownership is 45.17%. The most recent insider transaction that took place on Dec 02 ’24, was worth 404,819. Before that another transaction happened on Nov 11 ’24, when Company’s Director sold 4,685 for $16.44, making the entire transaction worth $77,021. This insider now owns 36,689 shares in total.
Freshworks Inc (FRSH) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 49.89% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 27.50% during the next five years compared to 32.03% growth over the previous five years of trading.
Freshworks Inc (NASDAQ: FRSH) Trading Performance Indicators
Take a look at Freshworks Inc’s (FRSH) current performance indicators. Last quarter, stock had a quick ratio of 3.20. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.11. Likewise, its price to free cash flow for the trailing twelve months is 34.78.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.34, a number that is poised to hit 0.10 in the next quarter and is forecasted to reach 0.52 in one year’s time.
Technical Analysis of Freshworks Inc (FRSH)
Freshworks Inc (NASDAQ: FRSH) saw its 5-day average volume 3.69 million, a positive change from its year-to-date volume of 2.92 million. As of the previous 9 days, the stock’s Stochastic %D was 60.25%. Additionally, its Average True Range was 0.60.
During the past 100 days, Freshworks Inc’s (FRSH) raw stochastic average was set at 84.84%, which indicates a significant increase from 59.87% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.95% in the past 14 days, which was lower than the 53.20% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $13.05, while its 200-day Moving Average is $14.25. Nevertheless, the first resistance level for the watch stands at $16.42 in the near term. At $16.74, the stock is likely to face the second major resistance level. The third major resistance level sits at $16.95. If the price goes on to break the first support level at $15.89, it is likely to go to the next support level at $15.68. The third support level lies at $15.36 if the price breaches the second support level.
Freshworks Inc (NASDAQ: FRSH) Key Stats
The company with the Market Capitalisation of 4.88 billion has total of 302,854K Shares Outstanding. Its annual sales at the moment are 596,430 K in contrast with the sum of -137,440 K annual income. Company’s last quarter sales were recorded 186,580 K and last quarter income was -29,960 K.
