On Friday, Weave Communications Inc (NYSE: WEAV) opened higher 5.30% from the last session, before settling in for the closing price of $13.95. Price fluctuations for WEAV have ranged from $8.10 to $14.50 over the past 52 weeks.
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A company in the Healthcare sector has jumped its sales by 40.57% annually for the last half of the decade. Company’s average yearly earnings per share was noted 135.17% at the time writing. With a float of $54.21 million, this company’s outstanding shares have now reached $72.52 million.
In an organization with 844 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 70.68%, operating margin of -16.36%, and the pretax margin is -14.52%.
Weave Communications Inc (WEAV) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Health Information Services industry is another important factor to consider. The insider ownership of Weave Communications Inc is 25.51%, while institutional ownership is 51.66%. The most recent insider transaction that took place on Dec 06 ’24, was worth 150,541. Before that another transaction happened on Dec 06 ’24, when Company’s Director proposed sale 153,777 for $14.32, making the entire transaction worth $2,201,595.
Weave Communications Inc (WEAV) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.01 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 135.17% per share during the next fiscal year.
Weave Communications Inc (NYSE: WEAV) Trading Performance Indicators
Check out the current performance indicators for Weave Communications Inc (WEAV). In the past quarter, the stock posted a quick ratio of 1.45. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.75. Likewise, its price to free cash flow for the trailing twelve months is 157.00.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.40, a number that is poised to hit 0.02 in the next quarter and is forecasted to reach 0.11 in one year’s time.
Technical Analysis of Weave Communications Inc (WEAV)
Let’s dig in a bit further. During the last 5-days, its volume was 1.02 million. That was better than the volume of 0.53 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 82.36%. Additionally, its Average True Range was 0.62.
During the past 100 days, Weave Communications Inc’s (WEAV) raw stochastic average was set at 99.61%, which indicates a significant increase from 98.95% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 42.50% in the past 14 days, which was higher than the 42.25% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $13.48, while its 200-day Moving Average is $11.17. However, in the short run, Weave Communications Inc’s stock first resistance to watch stands at $15.00. Second resistance stands at $15.31. The third major resistance level sits at $15.91. If the price goes on to break the first support level at $14.09, it is likely to go to the next support level at $13.49. The third support level lies at $13.18 if the price breaches the second support level.
Weave Communications Inc (NYSE: WEAV) Key Stats
There are currently 72,771K shares outstanding in the company with a market cap of 1.13 billion. Presently, the company’s annual sales total 170,470 K according to its annual income of -31,030 K. Last quarter, the company’s sales amounted to 52,390 K and its income totaled -5,880 K.
