Cantaloupe Inc (CTLP) volume exceeds 0.66 million: A new investment opportunity for investors

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Cantaloupe Inc (NASDAQ: CTLP) kicked off on Monday, up 10.59% from the previous trading day, before settling in for the closing price of $9.25. Over the past 52 weeks, CTLP has traded in a range of $5.74-$9.73.

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During the last 5-year period, the sales growth of Technology Sector giant was 13.43%. While this was happening, its average annual earnings per share was recorded 96.00%. With a float of $65.46 million, this company’s outstanding shares have now reached $72.99 million.

Let’s determine the extent of company efficiency that accounts for 359 employees. In terms of profitability, gross margin is 37.83%, operating margin of 5.94%, and the pretax margin is 5.29%.

Cantaloupe Inc (CTLP) Breakdown of a Key Holders of the stock

Our next focus will be how large-scale investors are participating in this stock of the Information Technology Services Industry. The insider ownership of Cantaloupe Inc is 10.31%, while institutional ownership is 74.82%. The most recent insider transaction that took place on Sep 27 ’24, was worth 44,520. In this transaction Director of this company bought 6,000 shares at a rate of $7.42, taking the stock ownership to the 97,319 shares. Before that another transaction happened on Sep 27 ’24, when Company’s Director bought 234,134 for $7.41, making the entire transaction worth $1,734,933. This insider now owns 426,319 shares in total.

Cantaloupe Inc (CTLP) Recent Fiscal highlights

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.11 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 96.00% per share during the next fiscal year.

Cantaloupe Inc (NASDAQ: CTLP) Trading Performance Indicators

Take a look at Cantaloupe Inc’s (CTLP) current performance indicators. Last quarter, stock had a quick ratio of 1.01. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.68.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.18, a number that is poised to hit 0.05 in the next quarter and is forecasted to reach 0.42 in one year’s time.

Technical Analysis of Cantaloupe Inc (CTLP)

Looking closely at Cantaloupe Inc (NASDAQ: CTLP), its last 5-days average volume was 0.39 million, which is a jump from its year-to-date volume of 0.34 million. As of the previous 9 days, the stock’s Stochastic %D was 59.55%. Additionally, its Average True Range was 0.34.

During the past 100 days, Cantaloupe Inc’s (CTLP) raw stochastic average was set at 99.55%, which indicates a significant increase from 98.50% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 48.73% in the past 14 days, which was higher than the 43.22% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $9.09, while its 200-day Moving Average is $7.27. However, in the short run, Cantaloupe Inc’s stock first resistance to watch stands at $10.57. Second resistance stands at $10.91. The third major resistance level sits at $11.57. If the price goes on to break the first support level at $9.57, it is likely to go to the next support level at $8.91. Now, if the price goes above the second support level, the third support stands at $8.57.

Cantaloupe Inc (NASDAQ: CTLP) Key Stats

The company with the Market Capitalisation of 742.63 million has total of 72,986K Shares Outstanding. Its annual sales at the moment are 268,600 K in contrast with the sum of 11,990 K annual income. Company’s last quarter sales were recorded 70,840 K and last quarter income was 3,570 K.