On Tuesday, Aspen Technology Inc (NASDAQ: AZPN) was 0.50% up from the session before settling in for the closing price of $249.56. A 52-week range for AZPN has been $171.25 – $254.44.
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Technology Sector giant saw their annual sales surged by 62.24% over the last five years. When this article was written, the company’s average yearly earnings per share was at 14.25%. With a float of $26.75 million, this company’s outstanding shares have now reached $63.25 million.
The firm has a total of 3937 workers. Let’s measure their productivity. In terms of profitability, gross margin is 52.92%, operating margin of -11.45%, and the pretax margin is -6.27%.
Aspen Technology Inc (AZPN) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Aspen Technology Inc stocks. The insider ownership of Aspen Technology Inc is 57.70%, while institutional ownership is 46.83%. The most recent insider transaction that took place on Sep 19 ’24, was worth 118,428. Before that another transaction happened on Sep 18 ’24, when Company’s Former Officer proposed sale 875 for $230.13, making the entire transaction worth $201,360.
Aspen Technology Inc (AZPN) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 14.25% per share during the next fiscal year.
Aspen Technology Inc (NASDAQ: AZPN) Trading Performance Indicators
You can see what Aspen Technology Inc (AZPN) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 3.11. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 14.50. Likewise, its price to free cash flow for the trailing twelve months is 51.01.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.57, a number that is poised to hit 1.87 in the next quarter and is forecasted to reach 8.21 in one year’s time.
Technical Analysis of Aspen Technology Inc (AZPN)
Analysing the last 5-days average volume posted by the [Aspen Technology Inc, AZPN], we can find that recorded value of 0.65 million was better than the volume posted last year of 0.26 million. As of the previous 9 days, the stock’s Stochastic %D was 59.36%. Additionally, its Average True Range was 3.39.
During the past 100 days, Aspen Technology Inc’s (AZPN) raw stochastic average was set at 95.62%, which indicates a significant increase from 57.77% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 11.89% in the past 14 days, which was lower than the 32.09% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $245.19, while its 200-day Moving Average is $218.21. Now, the first resistance to watch is $252.04. This is followed by the second major resistance level at $253.29. The third major resistance level sits at $254.56. If the price goes on to break the first support level at $249.53, it is likely to go to the next support level at $248.26. Should the price break the second support level, the third support level stands at $247.01.
Aspen Technology Inc (NASDAQ: AZPN) Key Stats
There are 63,250K outstanding shares of the company, which has a market capitalization of 15.86 billion. As of now, sales total 1,127 M while income totals -9,770 K. Its latest quarter income was 215,880 K while its last quarter net income were -60,460 K.
