On Monday, Lantronix Inc (NASDAQ: LTRX) opened higher 4.78% from the last session, before settling in for the closing price of $3.24. Price fluctuations for LTRX have ranged from $2.48 to $6.95 over the past 52 weeks.
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A company in the Technology sector has jumped its sales by 30.37% annually for the last half of the decade. Company’s average yearly earnings per share was noted -28.50% at the time writing. With a float of $31.76 million, this company’s outstanding shares have now reached $38.47 million.
In an organization with 373 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 38.13%, operating margin of -1.57%, and the pretax margin is -2.57%.
Lantronix Inc (LTRX) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Communication Equipment industry is another important factor to consider. The insider ownership of Lantronix Inc is 17.44%, while institutional ownership is 36.58%. The most recent insider transaction that took place on Nov 26 ’24, was worth 43,500. In this transaction Director of this company bought 15,000 shares at a rate of $2.90, taking the stock ownership to the 176,075 shares. Before that another transaction happened on Nov 27 ’24, when Company’s Director bought 350 for $2.85, making the entire transaction worth $998. This insider now owns 176,425 shares in total.
Lantronix Inc (LTRX) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.08 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -28.50% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 20.00% during the next five years compared to -44.92% drop over the previous five years of trading.
Lantronix Inc (NASDAQ: LTRX) Trading Performance Indicators
Check out the current performance indicators for Lantronix Inc (LTRX). In the past quarter, the stock posted a quick ratio of 1.78. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.81. Likewise, its price to free cash flow for the trailing twelve months is 10.35.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.14, a number that is poised to hit 0.03 in the next quarter and is forecasted to reach 0.44 in one year’s time.
Technical Analysis of Lantronix Inc (LTRX)
Let’s dig in a bit further. During the last 5-days, its volume was 0.42 million. That was better than the volume of 0.31 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 84.38%. Additionally, its Average True Range was 0.19.
During the past 100 days, Lantronix Inc’s (LTRX) raw stochastic average was set at 44.31%, which indicates a significant decrease from 82.14% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 37.97% in the past 14 days, which was lower than the 75.24% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.53, while its 200-day Moving Average is $3.65. However, in the short run, Lantronix Inc’s stock first resistance to watch stands at $3.53. Second resistance stands at $3.66. The third major resistance level sits at $3.78. If the price goes on to break the first support level at $3.29, it is likely to go to the next support level at $3.17. The third support level lies at $3.04 if the price breaches the second support level.
Lantronix Inc (NASDAQ: LTRX) Key Stats
There are currently 38,475K shares outstanding in the company with a market cap of 130.82 million. Presently, the company’s annual sales total 160,330 K according to its annual income of -4,520 K. Last quarter, the company’s sales amounted to 34,420 K and its income totaled -2,500 K.
