On Friday, Weave Communications Inc (NYSE: WEAV) opened higher 3.27% from the last session, before settling in for the closing price of $15.61. Price fluctuations for WEAV have ranged from $8.10 to $16.33 over the past 52 weeks.
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During the last 5-year period, the sales growth of Healthcare Sector giant was 40.57%. Company’s average yearly earnings per share was noted 135.17% at the time writing. With a float of $56.53 million, this company’s outstanding shares have now reached $72.52 million.
Let’s determine the extent of company efficiency that accounts for 844 employees. In terms of profitability, gross margin is 70.68%, operating margin of -16.36%, and the pretax margin is -14.52%.
Weave Communications Inc (WEAV) Insider Activity
A key investor’s attitude towards the stock of the Health Information Services industry is another important factor to consider. The insider ownership of Weave Communications Inc is 22.41%, while institutional ownership is 51.77%. The most recent insider transaction that took place on Dec 20 ’24, was worth 67,037. Before that another transaction happened on Dec 18 ’24, when Company’s Chief Financial Officer sold 12,044 for $16.15, making the entire transaction worth $194,511. This insider now owns 287,798 shares in total.
Weave Communications Inc (WEAV) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.01 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 135.17% per share during the next fiscal year.
Weave Communications Inc (NYSE: WEAV) Trading Performance Indicators
Check out the current performance indicators for Weave Communications Inc (WEAV). In the past quarter, the stock posted a quick ratio of 1.45. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.19. Likewise, its price to free cash flow for the trailing twelve months is 168.95.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.40, a number that is poised to hit 0.02 in the next quarter and is forecasted to reach 0.11 in one year’s time.
Technical Analysis of Weave Communications Inc (WEAV)
Looking closely at Weave Communications Inc (NYSE: WEAV), its last 5-days average volume was 1.35 million, which is a jump from its year-to-date volume of 0.56 million. As of the previous 9 days, the stock’s Stochastic %D was 73.45%. Additionally, its Average True Range was 0.64.
During the past 100 days, Weave Communications Inc’s (WEAV) raw stochastic average was set at 96.91%, which indicates a significant increase from 93.09% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 36.68% in the past 14 days, which was lower than the 41.29% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $14.02, while its 200-day Moving Average is $11.33. However, in the short run, Weave Communications Inc’s stock first resistance to watch stands at $16.43. Second resistance stands at $16.73. The third major resistance level sits at $17.33. If the price goes on to break the first support level at $15.53, it is likely to go to the next support level at $14.93. Should the price break the second support level, the third support level stands at $14.63.
Weave Communications Inc (NYSE: WEAV) Key Stats
There are currently 72,771K shares outstanding in the company with a market cap of 1.21 billion. Presently, the company’s annual sales total 170,470 K according to its annual income of -31,030 K. Last quarter, the company’s sales amounted to 52,390 K and its income totaled -5,880 K.
