On Monday, Zedge Inc (AMEX: ZDGE) opened higher 33.47% from the last session, before settling in for the closing price of $2.36. Price fluctuations for ZDGE have ranged from $1.93 to $5.18 over the past 52 weeks.
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Communication Services Sector giant saw their annual sales surged by 32.56% over the last five years. Company’s average yearly earnings per share was noted -46.15% at the time writing. With a float of $11.46 million, this company’s outstanding shares have now reached $13.62 million.
The firm has a total of 99 workers. Let’s measure their productivity. In terms of profitability, gross margin is 89.47%, operating margin of -2.07%, and the pretax margin is -39.21%.
Zedge Inc (ZDGE) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Internet Content & Information industry is another important factor to consider. The insider ownership of Zedge Inc is 18.94%, while institutional ownership is 15.18%.
Zedge Inc (ZDGE) Recent Fiscal highlights
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 -46.15% per share during the next fiscal year.
Zedge Inc (AMEX: ZDGE) Trading Performance Indicators
Check out the current performance indicators for Zedge Inc (ZDGE). In the past quarter, the stock posted a quick ratio of 3.62. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.62. Likewise, its price to free cash flow for the trailing twelve months is 10.08.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.68, a number that is poised to hit 0.04 in the next quarter and is forecasted to reach 0.20 in one year’s time.
Technical Analysis of Zedge Inc (ZDGE)
Analysing the last 5-days average volume posted by the [Zedge Inc, ZDGE], we can find that recorded value of 0.46 million was better than the volume posted last year of 74047.0. As of the previous 9 days, the stock’s Stochastic %D was 51.90%. Additionally, its Average True Range was 0.30.
During the past 100 days, Zedge Inc’s (ZDGE) raw stochastic average was set at 60.49%, which indicates a significant decrease from 81.88% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 168.76% in the past 14 days, which was higher than the 91.03% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.79, while its 200-day Moving Average is $3.01. Now, the first resistance to watch is $3.62. This is followed by the second major resistance level at $4.09. The third major resistance level sits at $4.76. If the price goes on to break the first support level at $2.48, it is likely to go to the next support level at $1.81. Now, if the price goes above the second support level, the third support stands at $1.34.
Zedge Inc (AMEX: ZDGE) Key Stats
There are currently 13,619K shares outstanding in the company with a market cap of 48.91 million. Presently, the company’s annual sales total 30,090 K according to its annual income of -9,170 K. Last quarter, the company’s sales amounted to 7,580 K and its income totaled -40 K.
