Viavi Solutions Inc (NASDAQ: VIAV) kicked off on Friday, down -0.54% from the previous trading day, before settling in for the closing price of $11.11. Over the past 52 weeks, VIAV has traded in a range of $6.60-$11.32.
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Annual sales at Technology sector company slipped by -2.03% over the past five years. While this was happening, its average annual earnings per share was recorded 15.36%. With a float of $218.37 million, this company’s outstanding shares have now reached $222.00 million.
Let’s look at the performance matrix of the company that is accounted for 3600 employees. In terms of profitability, gross margin is 57.01%, operating margin of 3.05%, and the pretax margin is 0.04%.
Viavi Solutions Inc (VIAV) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Communication Equipment Industry. The insider ownership of Viavi Solutions Inc is 1.55%, while institutional ownership is 94.29%. The most recent insider transaction that took place on Dec 11 ’24, was worth 29,225. Before that another transaction happened on Dec 11 ’24, when Company’s SVP General Manager OSP sold 2,802 for $10.43, making the entire transaction worth $29,225. This insider now owns 54,517 shares in total.
Viavi Solutions Inc (VIAV) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 15.36% per share during the next fiscal year.
Viavi Solutions Inc (NASDAQ: VIAV) Trading Performance Indicators
Take a look at Viavi Solutions Inc’s (VIAV) current performance indicators. Last quarter, stock had a quick ratio of 3.31. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.46. Likewise, its price to free cash flow for the trailing twelve months is 40.97.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.17, a number that is poised to hit 0.10 in the next quarter and is forecasted to reach 0.53 in one year’s time.
Technical Analysis of Viavi Solutions Inc (VIAV)
Viavi Solutions Inc (NASDAQ: VIAV) saw its 5-day average volume 1.79 million, a positive change from its year-to-date volume of 1.77 million. As of the previous 9 days, the stock’s Stochastic %D was 72.85%. Additionally, its Average True Range was 0.34.
During the past 100 days, Viavi Solutions Inc’s (VIAV) raw stochastic average was set at 90.13%, which indicates a significant increase from 72.76% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.15% in the past 14 days, which was lower than the 35.87% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $9.82, while its 200-day Moving Average is $8.58. Nevertheless, the first resistance level for the watch stands at $11.39 in the near term. At $11.73, the stock is likely to face the second major resistance level. The third major resistance level sits at $11.96. If the price goes on to break the first support level at $10.81, it is likely to go to the next support level at $10.58. The third support level lies at $10.24 if the price breaches the second support level.
Viavi Solutions Inc (NASDAQ: VIAV) Key Stats
The company with the Market Capitalisation of 2.44 billion has total of 221,813K Shares Outstanding. Its annual sales at the moment are 1,000 M in contrast with the sum of -25,800 K annual income. Company’s last quarter sales were recorded 238,200 K and last quarter income was -1,800 K.
