Confluent Inc (NASDAQ: CFLT) on Friday, soared 1.11% from the previous trading day, before settling in for the closing price of $33.29. Within the past 52 weeks, CFLT’s price has moved between $17.79 and $35.07.
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Technology Sector giant saw their annual sales surged by 51.38% over the last five years. The company achieved an average annual earnings per share of 546.85%. With a float of $246.92 million, this company’s outstanding shares have now reached $257.42 million.
The firm has a total of 2744 workers. Let’s measure their productivity. In terms of profitability, gross margin is 73.03%, operating margin of -43.45%, and the pretax margin is -33.97%.
Confluent Inc (CFLT) Breakdown of a Key Holders of the stock
Observing investor behavior towards Software – Infrastructure industry stocks is more important than anything else. The insider ownership of Confluent Inc is 24.70%, while institutional ownership is 68.84%. The most recent insider transaction that took place on Dec 06 ’24, was worth 243,016. Before that another transaction happened on Dec 06 ’24, when Company’s Director proposed sale 46,288 for $33.64, making the entire transaction worth $1,557,133.
Confluent Inc (CFLT) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 546.85% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 75.00% during the next five years compared to -40.61% drop over the previous five years of trading.
Confluent Inc (NASDAQ: CFLT) Trading Performance Indicators
Confluent Inc (CFLT) is currently performing well based on its current performance indicators. A quick ratio of 4.15 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 12.19.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.11, a number that is poised to hit 0.06 in the next quarter and is forecasted to reach 0.35 in one year’s time.
Technical Analysis of Confluent Inc (CFLT)
Analysing the last 5-days average volume posted by the [Confluent Inc, CFLT], we can find that recorded value of 3.23 million was lower than the volume posted last year of 4.36 million. As of the previous 9 days, the stock’s Stochastic %D was 87.30%. Additionally, its Average True Range was 1.22.
During the past 100 days, Confluent Inc’s (CFLT) raw stochastic average was set at 97.42%, which indicates a significant increase from 94.39% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 36.97% in the past 14 days, which was lower than the 58.23% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $25.46, while its 200-day Moving Average is $26.41. Now, the first resistance to watch is $34.11. This is followed by the second major resistance level at $34.55. The third major resistance level sits at $35.03. If the price goes on to break the first support level at $33.19, it is likely to go to the next support level at $32.71. Now, if the price goes above the second support level, the third support stands at $32.27.
Confluent Inc (NASDAQ: CFLT) Key Stats
Market capitalization of the company is 11.16 billion based on 327,995K outstanding shares. Right now, sales total 776,950 K and income totals -442,750 K. The company made 250,200 K in profit during its latest quarter, and -74,140 K in sales during its previous quarter.
