A new trading day began on Monday, with Super Micro Computer Inc (NASDAQ: SMCI) stock price up 0.52% from the previous day of trading, before settling in for the closing price of $43.93. SMCI’s price has ranged from $17.25 to $122.90 over the past 52 weeks.
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A company in the Technology sector has jumped its sales by 38.97% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 30.60%. With a float of $501.16 million, this company’s outstanding shares have now reached $585.57 million.
In terms of profitability, gross margin is 14.13%, operating margin of 8.47%, and the pretax margin is 8.49%.
Super Micro Computer Inc (SMCI) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Computer Hardware Industry. The insider ownership of Super Micro Computer Inc is 14.41%, while institutional ownership is 53.91%. The most recent insider transaction that took place on Jun 03 ’24, was worth 240,600. In this transaction Director of this company sold 300 shares at a rate of $802.00, taking the stock ownership to the 18,887 shares. Before that another transaction happened on May 30 ’24, when Company’s Director sold 500 for $839.17, making the entire transaction worth $419,586. This insider now owns 27,813 shares in total.
Super Micro Computer Inc (SMCI) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 30.60% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 37.50% during the next five years compared to 70.58% growth over the previous five years of trading.
Super Micro Computer Inc (NASDAQ: SMCI) Trading Performance Indicators
Here are Super Micro Computer Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.93. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.85.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.99, a number that is poised to hit 0.61 in the next quarter and is forecasted to reach 3.54 in one year’s time.
Technical Analysis of Super Micro Computer Inc (SMCI)
Let’s dig in a bit further. During the last 5-days, its volume was 115.98 million. That was better than the volume of 84.14 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 77.37%. Additionally, its Average True Range was 4.37.
During the past 100 days, Super Micro Computer Inc’s (SMCI) raw stochastic average was set at 41.44%, which indicates a significant decrease from 83.43% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 181.10% in the past 14 days, which was higher than the 135.81% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $37.17, while its 200-day Moving Average is $67.68. However, in the short run, Super Micro Computer Inc’s stock first resistance to watch stands at $46.74. Second resistance stands at $49.33. The third major resistance level sits at $50.65. If the price goes on to break the first support level at $42.83, it is likely to go to the next support level at $41.51. Assuming the price breaks the second support level, the third support level stands at $38.92.
Super Micro Computer Inc (NASDAQ: SMCI) Key Stats
With a market capitalization of 27.61 billion, the company has a total of 559,333K Shares Outstanding. Currently, annual sales are 14,943 M while annual income is 1,208 M. The company’s previous quarter sales were 5,308 M while its latest quarter income was 352,730 K.
