A new trading day began on Tuesday, with Azenta Inc (NASDAQ: AZTA) stock price up 4.09% from the previous day of trading, before settling in for the closing price of $44.49. AZTA’s price has ranged from $38.82 to $69.16 over the past 52 weeks.
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Annual sales at Healthcare sector company grew by 1.70% over the past five years. Meanwhile, its annual earnings per share averaged -6.10%. With a float of $44.28 million, this company’s outstanding shares have now reached $45.57 million.
Let’s look at the performance matrix of the company that is accounted for 3300 employees. In terms of profitability, gross margin is 39.11%, operating margin of -11.07%, and the pretax margin is -25.49%.
Azenta Inc (AZTA) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Medical Instruments & Supplies Industry. The insider ownership of Azenta Inc is 2.85%, while institutional ownership is 109.45%. The most recent insider transaction that took place on Nov 19 ’24, was worth 21,958. In this transaction SVP and CHRO of this company sold 548 shares at a rate of $40.07, taking the stock ownership to the 19,373 shares. Before that another transaction happened on Nov 19 ’24, when Company’s VP, Chief Accounting Officer sold 163 for $40.07, making the entire transaction worth $6,531. This insider now owns 9,920 shares in total.
Azenta Inc (AZTA) 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 -6.10% per share during the next fiscal year.
Azenta Inc (NASDAQ: AZTA) Trading Performance Indicators
Here are Azenta Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 3.50. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.22. Likewise, its price to free cash flow for the trailing twelve months is 163.64.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.97, a number that is poised to hit 0.05 in the next quarter and is forecasted to reach 0.68 in one year’s time.
Technical Analysis of Azenta Inc (AZTA)
Azenta Inc (NASDAQ: AZTA) saw its 5-day average volume 0.53 million, a negative change from its year-to-date volume of 0.56 million. As of the previous 9 days, the stock’s Stochastic %D was 35.23%. Additionally, its Average True Range was 2.01.
During the past 100 days, Azenta Inc’s (AZTA) raw stochastic average was set at 30.25%, which indicates a significant decrease from 65.45% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.87% in the past 14 days, which was lower than the 43.27% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $44.46, while its 200-day Moving Average is $51.31. Nevertheless, the first resistance level for the watch stands at $47.16 in the near term. At $48.02, the stock is likely to face the second major resistance level. The third major resistance level sits at $49.61. If the price goes on to break the first support level at $44.71, it is likely to go to the next support level at $43.12. Assuming the price breaks the second support level, the third support level stands at $42.26.
Azenta Inc (NASDAQ: AZTA) Key Stats
With a market capitalization of 2.11 billion, the company has a total of 45,583K Shares Outstanding. Currently, annual sales are 656,320 K while annual income is -164,170 K. The company’s previous quarter sales were 170,060 K while its latest quarter income was -4,980 K.
