A new trading day began on Friday, with Symbotic Inc (NASDAQ: SYM) stock price down -0.52% from the previous day of trading, before settling in for the closing price of $27.01. SYM’s price has ranged from $17.11 to $58.28 over the past 52 weeks.
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A company in the Industrials sector has jumped its sales by 37.58% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 101.23%. With a float of $40.93 million, this company’s outstanding shares have now reached $104.69 million.
In an organization with 1650 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 15.6%, operating margin of -3.87%, and the pretax margin is -1.88%.
Symbotic Inc (SYM) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Specialty Industrial Machinery Industry. The insider ownership of Symbotic Inc is 61.52%, while institutional ownership is 36.75%. The most recent insider transaction that took place on Dec 09 ’24, was worth 1,921,382. In this transaction an insider of this company sold 63,867 shares at a rate of $30.08, taking the stock ownership to the 24,055 shares. Before that another transaction happened on Dec 09 ’24, when Company’s Officer proposed sale 70,737 for $27.95, making the entire transaction worth $1,977,099.
Symbotic Inc (SYM) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.07 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 101.23% per share during the next fiscal year.
Symbotic Inc (NASDAQ: SYM) Trading Performance Indicators
Here are Symbotic Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.23. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.72.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.12, a number that is poised to hit 0.02 in the next quarter and is forecasted to reach 0.54 in one year’s time.
Technical Analysis of Symbotic Inc (SYM)
Let’s dig in a bit further. During the last 5-days, its volume was 2.18 million. That was better than the volume of 1.81 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 39.80%. Additionally, its Average True Range was 2.86.
During the past 100 days, Symbotic Inc’s (SYM) raw stochastic average was set at 40.85%, which indicates a significant increase from 26.82% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 195.52% in the past 14 days, which was higher than the 118.64% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $29.54, while its 200-day Moving Average is $33.66. However, in the short run, Symbotic Inc’s stock first resistance to watch stands at $27.53. Second resistance stands at $28.18. The third major resistance level sits at $28.92. If the price goes on to break the first support level at $26.14, it is likely to go to the next support level at $25.40. Assuming the price breaks the second support level, the third support level stands at $24.75.
Symbotic Inc (NASDAQ: SYM) Key Stats
With a market capitalization of 15.70 billion, the company has a total of 587,419K Shares Outstanding. Currently, annual sales are 1,788 M while annual income is -13,490 K. The company’s previous quarter sales were 503,570 K while its latest quarter income was -2,490 K.
