Akamai Technologies Inc (NASDAQ: AKAM) kicked off on Tuesday, down -0.34% from the previous trading day, before settling in for the closing price of $99.12. Over the past 52 weeks, AKAM has traded in a range of $84.70-$129.17.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 7.05%. While this was happening, its average annual earnings per share was recorded 2.34%. With a float of $147.41 million, this company’s outstanding shares have now reached $150.62 million.
Considering the fact that the conglomerate employs 10250 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 56.92%, operating margin of 14.49%, and the pretax margin is 15.76%.
Akamai Technologies Inc (AKAM) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Software – Infrastructure Industry. The insider ownership of Akamai Technologies Inc is 1.87%, while institutional ownership is 96.88%. The most recent insider transaction that took place on Nov 27 ’24, was worth 93,380. Before that another transaction happened on Nov 27 ’24, when Company’s Director sold 1,000 for $93.38, making the entire transaction worth $93,380. This insider now owns 15,719 shares in total.
Akamai Technologies Inc (AKAM) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.64 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 2.34% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.00% during the next five years compared to 14.90% growth over the previous five years of trading.
Akamai Technologies Inc (NASDAQ: AKAM) Trading Performance Indicators
Take a look at Akamai Technologies Inc’s (AKAM) current performance indicators. Last quarter, stock had a quick ratio of 1.30. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.74. Likewise, its price to free cash flow for the trailing twelve months is 16.34.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.38, a number that is poised to hit 1.53 in the next quarter and is forecasted to reach 6.60 in one year’s time.
Technical Analysis of Akamai Technologies Inc (AKAM)
Compared to the last year’s volume of 1.68 million, its volume of 1.43 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 81.48%. Additionally, its Average True Range was 2.29.
During the past 100 days, Akamai Technologies Inc’s (AKAM) raw stochastic average was set at 63.71%, which indicates a significant decrease from 88.81% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.55% in the past 14 days, which was lower than the 36.36% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $98.38, while its 200-day Moving Average is $98.82. Nevertheless, the first resistance level for the watch stands at $99.67 in the near term. At $100.55, the stock is likely to face the second major resistance level. The third major resistance level sits at $101.51. If the price goes on to break the first support level at $97.83, it is likely to go to the next support level at $96.87. Now, if the price goes above the second support level, the third support stands at $95.99.
Akamai Technologies Inc (NASDAQ: AKAM) Key Stats
The company with the Market Capitalisation of 14.84 billion has total of 150,227K Shares Outstanding. Its annual sales at the moment are 3,812 M in contrast with the sum of 547,630 K annual income. Company’s last quarter sales were recorded 1,005 M and last quarter income was 57,910 K.
