MakeMyTrip Ltd (NASDAQ: MMYT) kicked off on Friday, up 3.56% from the previous trading day, before settling in for the closing price of $116.32. Over the past 52 weeks, MMYT has traded in a range of $43.00-$119.45.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Cyclical sector was 30.05%. While this was happening, its average annual earnings per share was recorded -42.98%. With a float of $63.39 million, this company’s outstanding shares have now reached $70.11 million.
Considering the fact that the conglomerate employs 4576 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 55.67%, operating margin of 10.53%, and the pretax margin is 14.42%.
MakeMyTrip Ltd (MMYT) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Travel Services Industry. The insider ownership of MakeMyTrip Ltd is 42.26%, while institutional ownership is 51.59%. The most recent insider transaction that took place on Dec 06 ’24, was worth 2,400,000. Before that another transaction happened on Nov 29 ’24, when Company’s Officer proposed sale 20,000 for $115.00, making the entire transaction worth $2,300,000.
MakeMyTrip Ltd (MMYT) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around -42.98% per share during the next fiscal year.
MakeMyTrip Ltd (NASDAQ: MMYT) Trading Performance Indicators
Take a look at MakeMyTrip Ltd’s (MMYT) current performance indicators. Last quarter, stock had a quick ratio of 2.81. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 15.52.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.82, a number that is poised to hit 0.27 in the next quarter and is forecasted to reach 1.64 in one year’s time.
Technical Analysis of MakeMyTrip Ltd (MMYT)
Compared to the last year’s volume of 0.71 million, its volume of 0.51 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 83.28%. Additionally, its Average True Range was 4.66.
During the past 100 days, MakeMyTrip Ltd’s (MMYT) raw stochastic average was set at 98.84%, which indicates a significant increase from 97.87% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.74% in the past 14 days, which was lower than the 56.44% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $104.03, while its 200-day Moving Average is $86.70. Nevertheless, the first resistance level for the watch stands at $122.02 in the near term. At $123.58, the stock is likely to face the second major resistance level. The third major resistance level sits at $126.19. If the price goes on to break the first support level at $117.85, it is likely to go to the next support level at $115.24. Now, if the price goes above the second support level, the third support stands at $113.68.
MakeMyTrip Ltd (NASDAQ: MMYT) Key Stats
The company with the Market Capitalisation of 13.70 billion has total of 109,782K Shares Outstanding. Its annual sales at the moment are 782,520 K in contrast with the sum of 216,800 K annual income. Company’s last quarter sales were recorded 210,990 K and last quarter income was 17,850 K.
