On Monday, Alkami Technology Inc (NASDAQ: ALKT) opened lower -5.54% from the last session, before settling in for the closing price of $40.40. Price fluctuations for ALKT have ranged from $21.19 to $42.29 over the past 52 weeks.
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A company in the Technology sector has jumped its sales by 38.02% annually for the last half of the decade. Company’s average yearly earnings per share was noted 722.86% at the time writing. With a float of $63.45 million, this company’s outstanding shares have now reached $100.50 million.
In an organization with 917 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 57.77%, operating margin of -15.48%, and the pretax margin is -14.52%.
Alkami Technology Inc (ALKT) Insider Updates
A key investor’s attitude towards the stock of the Software – Application industry is another important factor to consider. The insider ownership of Alkami Technology Inc is 36.86%, while institutional ownership is 47.00%. The most recent insider transaction that took place on Dec 05 ’24, was worth 825,742. In this transaction Chief Strategy & Product Offr. of this company sold 21,068 shares at a rate of $39.19, taking the stock ownership to the 337,136 shares. Before that another transaction happened on Dec 05 ’24, when Company’s Officer proposed sale 18,492 for $39.39, making the entire transaction worth $728,400.
Alkami Technology Inc (ALKT) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 722.86% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 30.00% during the next five years compared to -6.87% drop over the previous five years of trading.
Alkami Technology Inc (NASDAQ: ALKT) Trading Performance Indicators
Check out the current performance indicators for Alkami Technology Inc (ALKT). In the past quarter, the stock posted a quick ratio of 3.27. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 12.46. Likewise, its price to free cash flow for the trailing twelve months is 715.14.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.47, a number that is poised to hit 0.08 in the next quarter and is forecasted to reach 0.50 in one year’s time.
Technical Analysis of Alkami Technology Inc (ALKT)
Let’s dig in a bit further. During the last 5-days, its volume was 1.14 million. That was better than the volume of 0.54 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 45.89%. Additionally, its Average True Range was 1.75.
During the past 100 days, Alkami Technology Inc’s (ALKT) raw stochastic average was set at 70.27%, which indicates a significant increase from 35.25% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 53.39% in the past 14 days, which was higher than the 43.72% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $36.79, while its 200-day Moving Average is $30.16. However, in the short run, Alkami Technology Inc’s stock first resistance to watch stands at $40.10. Second resistance stands at $42.03. The third major resistance level sits at $43.08. If the price goes on to break the first support level at $37.12, it is likely to go to the next support level at $36.07. Assuming the price breaks the second support level, the third support level stands at $34.14.
Alkami Technology Inc (NASDAQ: ALKT) Key Stats
There are currently 100,497K shares outstanding in the company with a market cap of 3.93 billion. Presently, the company’s annual sales total 264,830 K according to its annual income of -62,910 K. Last quarter, the company’s sales amounted to 85,910 K and its income totaled -9,440 K.
