A new trading day began on Tuesday, with Aspen Technology Inc (NASDAQ: AZPN) stock price up 0.10% from the previous day of trading, before settling in for the closing price of $248.34. AZPN’s price has ranged from $171.25 to $254.04 over the past 52 weeks.
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During the last 5-year period, the sales growth of Technology Sector giant was 62.24%. Meanwhile, its annual earnings per share averaged 14.25%. With a float of $26.63 million, this company’s outstanding shares have now reached $63.25 million.
Let’s determine the extent of company efficiency that accounts for 3937 employees. In terms of profitability, gross margin is 52.92%, operating margin of -11.45%, and the pretax margin is -6.27%.
Aspen Technology Inc (AZPN) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Application Industry. The insider ownership of Aspen Technology Inc is 57.90%, while institutional ownership is 46.75%. The most recent insider transaction that took place on Sep 19 ’24, was worth 118,428. Before that another transaction happened on Sep 18 ’24, when Company’s Former Officer proposed sale 875 for $230.13, making the entire transaction worth $201,360.
Aspen Technology Inc (AZPN) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 14.25% per share during the next fiscal year.
Aspen Technology Inc (NASDAQ: AZPN) Trading Performance Indicators
Here are Aspen Technology Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 3.11. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 14.37. Likewise, its price to free cash flow for the trailing twelve months is 50.56.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.57, a number that is poised to hit 1.87 in the next quarter and is forecasted to reach 8.21 in one year’s time.
Technical Analysis of Aspen Technology Inc (AZPN)
Looking closely at Aspen Technology Inc (NASDAQ: AZPN), its last 5-days average volume was 0.5 million, which is a jump from its year-to-date volume of 0.24 million. As of the previous 9 days, the stock’s Stochastic %D was 45.55%. Additionally, its Average True Range was 3.84.
During the past 100 days, Aspen Technology Inc’s (AZPN) raw stochastic average was set at 93.42%, which indicates a significant increase from 41.39% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 8.36% in the past 14 days, which was lower than the 33.54% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $240.67, while its 200-day Moving Average is $213.82. However, in the short run, Aspen Technology Inc’s stock first resistance to watch stands at $250.45. Second resistance stands at $252.30. The third major resistance level sits at $254.61. If the price goes on to break the first support level at $246.29, it is likely to go to the next support level at $243.98. Should the price break the second support level, the third support level stands at $242.13.
Aspen Technology Inc (NASDAQ: AZPN) Key Stats
With a market capitalization of 15.72 billion, the company has a total of 63,250K Shares Outstanding. Currently, annual sales are 1,127 M while annual income is -9,770 K. The company’s previous quarter sales were 215,880 K while its latest quarter income was -60,460 K.
