Confluent Inc (NASDAQ: CFLT) started the day on Wednesday, with a price decrease of -6.00% at $29.46, before settling in for the price of $31.34 at the close. Taking a more long-term approach, CFLT posted a 52-week range of $17.79-$35.07.
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The Technology Sector giants’ yearly sales growth during the last 5-year period was 51.38%. Meanwhile, its Annual Earning per share during the time was -40.61%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 546.81%. This publicly-traded company’s shares outstanding now amounts to $257.42 million, simultaneously with a float of $247.27 million. The organization now has a market capitalization sitting at $9.66 billion. At the time of writing, stock’s 50-day Moving Average stood at $27.29, while the 200-day Moving Average is $26.31.
Confluent Inc (CFLT) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Software – Infrastructure Industry. Confluent Inc’s current insider ownership accounts for 24.61%, in contrast to 68.83% institutional ownership. According to the most recent insider trade that took place on Dec 13 ’24, this organization’s Director sold 186,300 shares at the rate of 30.65, making the entire transaction reach 5,710,300 in total value, affecting insider ownership by 20,247. Preceding that transaction, on Dec 12 ’24, Company’s Chief Accounting Officer sold 12,460 for 31.30, making the whole transaction’s value amount to 389,951. This particular insider is now the holder of 183,886 in total.
Confluent Inc (CFLT) Earnings and Revenue Records
Confluent Inc’s EPS increase for this current 12-month fiscal period is 546.81% and is forecasted to reach 0.35 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 75.00% through the next 5 years, which can be compared against the -40.61% growth it accomplished over the previous five years trading on the market.
Confluent Inc (NASDAQ: CFLT) Trading Performance Indicators
Let’s observe the current performance indicators for Confluent Inc (CFLT). It’s Quick Ratio in the last reported quarter now stands at 4.15. The Stock has managed to achieve an average true range (ATR) of 1.31. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 10.55.
In the same vein, CFLT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.11, a figure that is expected to reach 0.06 in the next quarter, and analysts are predicting that it will be 0.35 at the market close of one year from today.
Technical Analysis of Confluent Inc (CFLT)
If we take a close look at the recent performances of Confluent Inc (NASDAQ: CFLT), its last 5-days Average volume was 3.55 million that shows plunge from its year to date volume of 4.34 million. During the previous 9 days, stock’s Stochastic %D was recorded 22.25% While, its Average True Range was 1.34.
Raw Stochastic average of Confluent Inc (CFLT) in the period of the previous 100 days is set at 71.64%, which indicates a major rise in contrast to 5.91% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 44.54% that was lower than 58.49% volatility it exhibited in the past 100-days period.
