On Friday, A10 Networks Inc (NYSE: ATEN) was 0.65% up from the session before settling in for the closing price of $18.40. A 52-week range for ATEN has been $12.27 – $19.37.
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During the last 5-year period, the sales growth of Technology Sector giant was 2.08%. When this article was written, the company’s average yearly earnings per share was at 6.64%. With a float of $71.90 million, this company’s outstanding shares have now reached $73.78 million.
Let’s determine the extent of company efficiency that accounts for 525 employees. In terms of profitability, gross margin is 80.69%, operating margin of 16.9%, and the pretax margin is 21.59%.
A10 Networks Inc (ATEN) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward A10 Networks Inc stocks. The insider ownership of A10 Networks Inc is 2.58%, while institutional ownership is 91.76%. The most recent insider transaction that took place on Dec 06 ’24, was worth 14,770. In this transaction General Counsel of this company sold 812 shares at a rate of $18.19, taking the stock ownership to the 28,230 shares. Before that another transaction happened on Nov 27 ’24, when Company’s Chief Financial Officer sold 1,200 for $16.95, making the entire transaction worth $20,340. This insider now owns 32,641 shares in total.
A10 Networks Inc (ATEN) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.19 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 6.64% per share during the next fiscal year.
A10 Networks Inc (NYSE: ATEN) Trading Performance Indicators
You can see what A10 Networks Inc (ATEN) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 2.01. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.33. Likewise, its price to free cash flow for the trailing twelve months is 25.25.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.66, a number that is poised to hit 0.22 in the next quarter and is forecasted to reach 0.86 in one year’s time.
Technical Analysis of A10 Networks Inc (ATEN)
Looking closely at A10 Networks Inc (NYSE: ATEN), its last 5-days average volume was 1.56 million, which is a jump from its year-to-date volume of 0.73 million. As of the previous 9 days, the stock’s Stochastic %D was 27.37%. Additionally, its Average True Range was 0.49.
During the past 100 days, A10 Networks Inc’s (ATEN) raw stochastic average was set at 88.03%, which indicates a significant increase from 61.97% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.75% in the past 14 days, which was higher than the 23.85% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $16.37, while its 200-day Moving Average is $14.51. However, in the short run, A10 Networks Inc’s stock first resistance to watch stands at $18.80. Second resistance stands at $19.08. The third major resistance level sits at $19.41. If the price goes on to break the first support level at $18.19, it is likely to go to the next support level at $17.86. Should the price break the second support level, the third support level stands at $17.58.
A10 Networks Inc (NYSE: ATEN) Key Stats
There are 73,799K outstanding shares of the company, which has a market capitalization of 1.38 billion. As of now, sales total 251,700 K while income totals 39,970 K. Its latest quarter income was 66,720 K while its last quarter net income were 12,640 K.
