Valens Semiconductor Ltd (NYSE: VLN) on Monday, soared 16.24% from the previous trading day, before settling in for the closing price of $1.97. Within the past 52 weeks, VLN’s price has moved between $1.67 and $3.39.
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A company in the Technology sector has jumped its sales by 11.33% annually for the last half of the decade. The company achieved an average annual earnings per share of -353.33%. With a float of $79.80 million, this company’s outstanding shares have now reached $106.29 million.
In an organization with 241 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 59.76%, operating margin of -54.45%, and the pretax margin is -41.81%.
Valens Semiconductor Ltd (VLN) Insider and Institutional Ownership
Observing investor behavior towards Semiconductors industry stocks is more important than anything else. The insider ownership of Valens Semiconductor Ltd is 24.92%, while institutional ownership is 9.20%.
Valens Semiconductor Ltd (VLN) Latest Financial update
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.06 earnings per share (EPS) for the period topping the consensus outlook (set at -0.02) by 0.08. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.04 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -353.33% per share during the next fiscal year.
Valens Semiconductor Ltd (NYSE: VLN) Trading Performance Indicators
Valens Semiconductor Ltd (VLN) is currently performing well based on its current performance indicators. A quick ratio of 7.58 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 4.13.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.25, a number that is poised to hit -0.03 in the next quarter and is forecasted to reach -0.17 in one year’s time.
Technical Analysis of Valens Semiconductor Ltd (VLN)
Let’s dig in a bit further. During the last 5-days, its volume was 0.83 million. That was better than the volume of 0.27 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 58.42%. Additionally, its Average True Range was 0.15.
During the past 100 days, Valens Semiconductor Ltd’s (VLN) raw stochastic average was set at 44.93%, which indicates a significant decrease from 94.74% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 97.86% in the past 14 days, which was higher than the 74.62% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.9800, while its 200-day Moving Average is $2.3500. However, in the short run, Valens Semiconductor Ltd’s stock first resistance to watch stands at $2.4300. Second resistance stands at $2.5700. The third major resistance level sits at $2.8200. If the price goes on to break the first support level at $2.0400, it is likely to go to the next support level at $1.7900. The third support level lies at $1.6500 if the price breaches the second support level.
Valens Semiconductor Ltd (NYSE: VLN) Key Stats
Market capitalization of the company is 260.60 million based on 106,380K outstanding shares. Right now, sales total 84,160 K and income totals -19,660 K. The company made 16,040 K in profit during its latest quarter, and -10,360 K in sales during its previous quarter.
