Freshworks Inc (NASDAQ: FRSH) kicked off on Monday, up 1.26% from the previous trading day, before settling in for the closing price of $16.61. Over the past 52 weeks, FRSH has traded in a range of $10.81-$24.98.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
During the last 5-year period, the sales growth of Technology Sector giant was 36.86%. While this was happening, its average annual earnings per share was recorded 49.89%. With a float of $169.44 million, this company’s outstanding shares have now reached $232.73 million.
Let’s determine the extent of company efficiency that accounts for 4900 employees. In terms of profitability, gross margin is 83.84%, operating margin of -22.58%, and the pretax margin is -14.6%.
Freshworks Inc (FRSH) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Software – Application Industry. The insider ownership of Freshworks Inc is 44.05%, while institutional ownership is 45.19%. The most recent insider transaction that took place on Dec 09 ’24, was worth 108,928. Before that another transaction happened on Dec 02 ’24, when Company’s Director sold 8,442 for $16.14, making the entire transaction worth $136,254. This insider now owns 23,497 shares in total.
Freshworks Inc (FRSH) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.12 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 49.89% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 27.50% during the next five years compared to 32.03% growth over the previous five years of trading.
Freshworks Inc (NASDAQ: FRSH) Trading Performance Indicators
Take a look at Freshworks Inc’s (FRSH) current performance indicators. Last quarter, stock had a quick ratio of 3.20. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.43. Likewise, its price to free cash flow for the trailing twelve months is 36.34.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.34, a number that is poised to hit 0.10 in the next quarter and is forecasted to reach 0.52 in one year’s time.
Technical Analysis of Freshworks Inc (FRSH)
Looking closely at Freshworks Inc (NASDAQ: FRSH), its last 5-days average volume was 4.27 million, which is a jump from its year-to-date volume of 2.95 million. As of the previous 9 days, the stock’s Stochastic %D was 55.63%. Additionally, its Average True Range was 0.61.
During the past 100 days, Freshworks Inc’s (FRSH) raw stochastic average was set at 87.74%, which indicates a significant increase from 71.72% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 39.69% in the past 14 days, which was lower than the 53.08% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $13.57, while its 200-day Moving Average is $14.14. However, in the short run, Freshworks Inc’s stock first resistance to watch stands at $17.47. Second resistance stands at $18.13. The third major resistance level sits at $18.59. If the price goes on to break the first support level at $16.35, it is likely to go to the next support level at $15.89. Should the price break the second support level, the third support level stands at $15.23.
Freshworks Inc (NASDAQ: FRSH) Key Stats
The company with the Market Capitalisation of 5.09 billion has total of 302,854K Shares Outstanding. Its annual sales at the moment are 596,430 K in contrast with the sum of -137,440 K annual income. Company’s last quarter sales were recorded 186,580 K and last quarter income was -29,960 K.
