A new trading day began on Friday, with Freshworks Inc (NASDAQ: FRSH) stock price down -0.45% from the previous day of trading, before settling in for the closing price of $15.40. FRSH’s price has ranged from $10.81 to $24.59 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 36.86%. Meanwhile, its annual earnings per share averaged 49.79%. With a float of $172.23 million, this company’s outstanding shares have now reached $232.73 million.
Considering the fact that the conglomerate employs 4900 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 83.84%, operating margin of -22.58%, and the pretax margin is -14.6%.
Freshworks Inc (FRSH) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Application Industry. The insider ownership of Freshworks Inc is 43.13%, while institutional ownership is 45.19%. The most recent insider transaction that took place on Dec 18 ’24, was worth 13,426,668. In this transaction EXECUTIVE CHAIRMAN of this company sold 835,000 shares at a rate of $16.08, taking the stock ownership to the 551,137 shares. Before that another transaction happened on Dec 19 ’24, when Company’s EXECUTIVE CHAIRMAN sold 835,000 for $15.45, making the entire transaction worth $12,900,750. This insider now owns 551,137 shares in total.
Freshworks Inc (FRSH) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.12 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 49.79% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 27.50% during the next five years compared to 32.03% growth over the previous five years of trading.
Freshworks Inc (NASDAQ: FRSH) Trading Performance Indicators
Here are Freshworks Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 3.20. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.74. Likewise, its price to free cash flow for the trailing twelve months is 32.97.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.34, a number that is poised to hit 0.10 in the next quarter and is forecasted to reach 0.52 in one year’s time.
Technical Analysis of Freshworks Inc (FRSH)
Compared to the last year’s volume of 3.0 million, its volume of 4.35 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 11.25%. Additionally, its Average True Range was 0.67.
During the past 100 days, Freshworks Inc’s (FRSH) raw stochastic average was set at 65.99%, which indicates a significant increase from 13.70% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 42.55% in the past 14 days, which was lower than the 53.39% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $14.50, while its 200-day Moving Average is $13.99. Nevertheless, the first resistance level for the watch stands at $15.60 in the near term. At $15.87, the stock is likely to face the second major resistance level. The third major resistance level sits at $16.19. If the price goes on to break the first support level at $15.01, it is likely to go to the next support level at $14.69. Should the price break the second support level, the third support level stands at $14.42.
Freshworks Inc (NASDAQ: FRSH) Key Stats
With a market capitalization of 4.62 billion, the company has a total of 302,854K Shares Outstanding. Currently, annual sales are 596,430 K while annual income is -137,440 K. The company’s previous quarter sales were 186,580 K while its latest quarter income was -29,960 K.
