On Monday, Penguin Solutions Inc (NASDAQ: PENG) was 4.97% up from the session before settling in for the closing price of $18.51. A 52-week range for PENG has been $14.87 – $29.81.
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During the last 5-year period, the sales growth of Technology Sector giant was 0.77%. When this article was written, the company’s average yearly earnings per share was at 33.87%. With a float of $51.36 million, this company’s outstanding shares have now reached $53.28 million.
Let’s determine the extent of company efficiency that accounts for 2700 employees.
Penguin Solutions Inc (PENG) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Penguin Solutions Inc stocks. The insider ownership of Penguin Solutions Inc is 3.62%, while institutional ownership is 106.57%. The most recent insider transaction that took place on Dec 09 ’24, was worth 267,367. In this transaction EVP, COO, Pres, Integrated Mem of this company sold 13,334 shares at a rate of $20.05, taking the stock ownership to the 235,960 shares. Before that another transaction happened on Dec 09 ’24, when Company’s Officer proposed sale 33,334 for $19.87, making the entire transaction worth $662,347.
Penguin Solutions Inc (PENG) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.38 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 33.87% per share during the next fiscal year.
Penguin Solutions Inc (NASDAQ: PENG) Trading Performance Indicators
You can see what Penguin Solutions Inc (PENG) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 2.19. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.89. Likewise, its price to free cash flow for the trailing twelve months is 19.40.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.00, a number that is poised to hit 0.39 in the next quarter and is forecasted to reach 2.14 in one year’s time.
Technical Analysis of Penguin Solutions Inc (PENG)
Looking closely at Penguin Solutions Inc (NASDAQ: PENG), its last 5-days average volume was 1.72 million, which is a jump from its year-to-date volume of 1.05 million. As of the previous 9 days, the stock’s Stochastic %D was 30.80%. Additionally, its Average True Range was 0.90.
During the past 100 days, Penguin Solutions Inc’s (PENG) raw stochastic average was set at 67.56%, which indicates a significant increase from 52.35% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 48.81% in the past 14 days, which was lower than the 61.31% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $17.72, while its 200-day Moving Average is $20.52. However, in the short run, Penguin Solutions Inc’s stock first resistance to watch stands at $19.76. Second resistance stands at $20.10. The third major resistance level sits at $20.64. If the price goes on to break the first support level at $18.89, it is likely to go to the next support level at $18.35. Should the price break the second support level, the third support level stands at $18.01.
Penguin Solutions Inc (NASDAQ: PENG) Key Stats
There are 53,290K outstanding shares of the company, which has a market capitalization of 1.04 billion. As of now, sales total 1,171 M while income totals -52,470 K. Its latest quarter income was 311,150 K while its last quarter net income were -24,550 K.
