ChargePoint Holdings Inc (NYSE: CHPT) on Friday, soared 8.77% from the previous trading day, before settling in for the closing price of $1.14. Within the past 52 weeks, CHPT’s price has moved between $1.05 and $2.74.
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A company in the Consumer Cyclical sector has jumped its sales by 33.40% annually for the last half of the decade. The company achieved an average annual earnings per share of 47.36%. With a float of $398.00 million, this company’s outstanding shares have now reached $440.75 million.
In an organization with 1650 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 22.04%, operating margin of -64.57%, and the pretax margin is -71.83%.
ChargePoint Holdings Inc (CHPT) Insider Updates
Observing investor behavior towards Specialty Retail industry stocks is more important than anything else. The insider ownership of ChargePoint Holdings Inc is 10.02%, while institutional ownership is 39.75%. The most recent insider transaction that took place on Oct 11 ’24, was worth 34,700. In this transaction Chief Accounting Officer of this company sold 26,288 shares at a rate of $1.32, taking the stock ownership to the 390,596 shares. Before that another transaction happened on Oct 11 ’24, when Company’s Officer proposed sale 26,288 for $1.32, making the entire transaction worth $34,700.
ChargePoint Holdings Inc (CHPT) 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 47.36% per share during the next fiscal year.
ChargePoint Holdings Inc (NYSE: CHPT) Trading Performance Indicators
ChargePoint Holdings Inc (CHPT) is currently performing well based on its current performance indicators. A quick ratio of 1.24 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.38.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.73, a number that is poised to hit -0.14 in the next quarter and is forecasted to reach -0.39 in one year’s time.
Technical Analysis of ChargePoint Holdings Inc (CHPT)
Let’s dig in a bit further. During the last 5-days, its volume was 21.12 million. That was better than the volume of 13.89 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 23.26%. Additionally, its Average True Range was 0.10.
During the past 100 days, ChargePoint Holdings Inc’s (CHPT) raw stochastic average was set at 16.24%, which indicates a significant decrease from 33.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 86.29% in the past 14 days, which was higher than the 81.31% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.2296, while its 200-day Moving Average is $1.5661. However, in the short run, ChargePoint Holdings Inc’s stock first resistance to watch stands at $1.3033. Second resistance stands at $1.3667. The third major resistance level sits at $1.4633. If the price goes on to break the first support level at $1.1433, it is likely to go to the next support level at $1.0467. Assuming the price breaks the second support level, the third support level stands at $0.9833.
ChargePoint Holdings Inc (NYSE: CHPT) Key Stats
Market capitalization of the company is 596.61 million based on 442,341K outstanding shares. Right now, sales total 506,640 K and income totals -457,610 K. The company made 99,610 K in profit during its latest quarter, and -77,590 K in sales during its previous quarter.
