On Tuesday, QuinStreet Inc (NASDAQ: QNST) opened lower -3.80% from the last session, before settling in for the closing price of $23.14. Price fluctuations for QNST have ranged from $11.22 to $26.27 over the past 52 weeks.
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A company in the Communication Services sector has jumped its sales by 6.35% annually for the last half of the decade. Company’s average yearly earnings per share was noted 653.25% at the time writing. With a float of $51.26 million, this company’s outstanding shares have now reached $56.13 million.
In an organization with 899 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 8.72%, operating margin of -2.52%, and the pretax margin is -2.86%.
QuinStreet Inc (QNST) Insider Updates
A key investor’s attitude towards the stock of the Advertising Agencies industry is another important factor to consider. The insider ownership of QuinStreet Inc is 8.88%, while institutional ownership is 90.83%. The most recent insider transaction that took place on Nov 29 ’24, was worth 68,540. In this transaction Director of this company sold 2,980 shares at a rate of $23.00, taking the stock ownership to the 171,923 shares. Before that another transaction happened on Nov 29 ’24, when Company’s Director proposed sale 2,980 for $23.00, making the entire transaction worth $68,540.
QuinStreet Inc (QNST) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted -0.04 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.05) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.22 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 653.25% per share during the next fiscal year.
QuinStreet Inc (NASDAQ: QNST) Trading Performance Indicators
Check out the current performance indicators for QuinStreet Inc (QNST). In the past quarter, the stock posted a quick ratio of 1.31. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.63.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.40, a number that is poised to hit 0.19 in the next quarter and is forecasted to reach 1.10 in one year’s time.
Technical Analysis of QuinStreet Inc (QNST)
Let’s dig in a bit further. During the last 5-days, its volume was 0.38 million. That was inferior than the volume of 0.42 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 67.94%. Additionally, its Average True Range was 1.04.
During the past 100 days, QuinStreet Inc’s (QNST) raw stochastic average was set at 59.98%, which indicates a significant decrease from 65.81% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 36.72% in the past 14 days, which was lower than the 51.53% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $20.37, while its 200-day Moving Average is $18.11. However, in the short run, QuinStreet Inc’s stock first resistance to watch stands at $22.96. Second resistance stands at $23.65. The third major resistance level sits at $24.21. If the price goes on to break the first support level at $21.71, it is likely to go to the next support level at $21.15. Assuming the price breaks the second support level, the third support level stands at $20.46.
QuinStreet Inc (NASDAQ: QNST) Key Stats
There are currently 56,263K shares outstanding in the company with a market cap of 1.25 billion. Presently, the company’s annual sales total 613,510 K according to its annual income of -31,330 K. Last quarter, the company’s sales amounted to 279,220 K and its income totaled -1,370 K.
