A new trading day began on Tuesday, with Varonis Systems Inc (NASDAQ: VRNS) stock price down -0.22% from the previous day of trading, before settling in for the closing price of $49.08. VRNS’s price has ranged from $41.13 to $60.58 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 13.86%. Meanwhile, its annual earnings per share averaged -25.97%. With a float of $108.26 million, this company’s outstanding shares have now reached $112.42 million.
The extent of productivity of a business whose workforce counts for 2233 workers is very important to gauge. In terms of profitability, gross margin is 84.06%, operating margin of -20.44%, and the pretax margin is -13.33%.
Varonis Systems Inc (VRNS) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Infrastructure Industry. The insider ownership of Varonis Systems Inc is 3.74%, while institutional ownership is 100.60%. The most recent insider transaction that took place on Nov 13 ’24, was worth 4,905,444. In this transaction CFO and COO of this company sold 91,345 shares at a rate of $53.70, taking the stock ownership to the 504,598 shares. Before that another transaction happened on Nov 13 ’24, when Company’s Officer proposed sale 91,345 for $53.71, making the entire transaction worth $4,905,884.
Varonis Systems Inc (VRNS) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -25.97% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 13.00% during the next five years compared to -23.01% drop over the previous five years of trading.
Varonis Systems Inc (NASDAQ: VRNS) Trading Performance Indicators
Here are Varonis Systems Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.81. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 10.08. Likewise, its price to free cash flow for the trailing twelve months is 56.85.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.75, a number that is poised to hit 0.14 in the next quarter and is forecasted to reach 0.31 in one year’s time.
Technical Analysis of Varonis Systems Inc (VRNS)
The latest stats from [Varonis Systems Inc, VRNS] show that its last 5-days average volume of 1.15 million was inferior to 1.37 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 18.15%. Additionally, its Average True Range was 1.34.
During the past 100 days, Varonis Systems Inc’s (VRNS) raw stochastic average was set at 20.32%, which indicates a significant increase from 13.71% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 13.71% in the past 14 days, which was lower than the 39.39% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $53.71, while its 200-day Moving Average is $49.86. Now, the first resistance to watch is $49.55. This is followed by the second major resistance level at $50.12. The third major resistance level sits at $50.57. If the price goes on to break the first support level at $48.52, it is likely to go to the next support level at $48.08. The third support level lies at $47.50 if the price breaches the second support level.
Varonis Systems Inc (NASDAQ: VRNS) Key Stats
With a market capitalization of 5.51 billion, the company has a total of 112,471K Shares Outstanding. Currently, annual sales are 499,160 K while annual income is -100,920 K. The company’s previous quarter sales were 148,070 K while its latest quarter income was -18,330 K.
