Witnessing the stock’s movement on the chart, on Wednesday, Dropbox Inc (NASDAQ: DBX) had a quiet start as it plunged -0.17% to $28.68, before settling in for the price of $28.73 at the close. Taking a more long-term approach, DBX posted a 52-week range of $20.68-$33.43.
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The company of the Technology sector’s yearbook sales growth during the past 5- year span was recorded 12.53%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 21.86%. This publicly-traded company’s shares outstanding now amounts to $227.20 million, simultaneously with a float of $220.39 million. The organization now has a market capitalization sitting at $8.88 billion. At the time of writing, stock’s 50-day Moving Average stood at $26.58, while the 200-day Moving Average is $24.11.
Dropbox Inc (DBX) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Software – Infrastructure industry. Dropbox Inc’s current insider ownership accounts for 28.85%, in contrast to 72.17% institutional ownership. According to the most recent insider trade that took place on Dec 02 ’24, this organization’s Chief Executive Officer sold 132,000 shares at the rate of 28.12, making the entire transaction reach 3,711,550 in total value, affecting insider ownership by 0. Preceding that transaction, on Nov 29 ’24, Company’s Chief Financial Officer sold 2,500 for 27.87, making the whole transaction’s value amount to 69,679. This particular insider is now the holder of 433,764 in total.
Dropbox Inc (DBX) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.63 per share during the current fiscal year.
Dropbox Inc’s EPS increase for this current 12-month fiscal period is 21.86% and is forecasted to reach 2.61 in the upcoming year.
Dropbox Inc (NASDAQ: DBX) Trading Performance Indicators
Let’s observe the current performance indicators for Dropbox Inc (DBX). It’s Quick Ratio in the last reported quarter now stands at 0.85. The Stock has managed to achieve an average true range (ATR) of 0.69. Alongside those numbers, its PE Ratio stands at $16.60, and its Beta score is 0.63. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 3.50. Similarly, its price to free cash flow for trailing twelve months is now 10.43.
In the same vein, DBX’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.73, a figure that is expected to reach 0.62 in the next quarter, and analysts are predicting that it will be 2.61 at the market close of one year from today.
Technical Analysis of Dropbox Inc (DBX)
Going through the that latest performance of [Dropbox Inc, DBX]. Its last 5-days volume of 2.06 million was inferior to the volume of 3.62 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 89.51% While, its Average True Range was 0.68.
Raw Stochastic average of Dropbox Inc (DBX) in the period of the previous 100 days is set at 94.60%, which indicates a major rise in contrast to 86.14% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 26.04% that was lower than 27.22% volatility it exhibited in the past 100-days period.
