On Tuesday, Cantaloupe Inc (NASDAQ: CTLP) opened higher 4.06% from the last session, before settling in for the closing price of $9.35. Price fluctuations for CTLP have ranged from $5.74 to $10.48 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
A company in the Technology sector has jumped its sales by 13.43% annually for the last half of the decade. Company’s average yearly earnings per share was noted 96.00% at the time writing. With a float of $65.46 million, this company’s outstanding shares have now reached $72.99 million.
In an organization with 359 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 37.83%, operating margin of 5.94%, and the pretax margin is 5.29%.
Cantaloupe Inc (CTLP) Insider Updates
A key investor’s attitude towards the stock of the Information Technology Services industry is another important factor to consider. The insider ownership of Cantaloupe Inc is 10.31%, while institutional ownership is 74.82%. The most recent insider transaction that took place on Sep 27 ’24, was worth 44,520. In this transaction Director of this company bought 6,000 shares at a rate of $7.42, taking the stock ownership to the 97,319 shares. Before that another transaction happened on Sep 27 ’24, when Company’s Director bought 234,134 for $7.41, making the entire transaction worth $1,734,933. This insider now owns 426,319 shares in total.
Cantaloupe Inc (CTLP) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.11 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 96.00% per share during the next fiscal year.
Cantaloupe Inc (NASDAQ: CTLP) Trading Performance Indicators
Check out the current performance indicators for Cantaloupe Inc (CTLP). In the past quarter, the stock posted a quick ratio of 1.01. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.57.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.18, a number that is poised to hit 0.05 in the next quarter and is forecasted to reach 0.42 in one year’s time.
Technical Analysis of Cantaloupe Inc (CTLP)
Let’s dig in a bit further. During the last 5-days, its volume was 0.43 million. That was better than the volume of 0.35 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 35.65%. Additionally, its Average True Range was 0.43.
During the past 100 days, Cantaloupe Inc’s (CTLP) raw stochastic average was set at 83.91%, which indicates a significant increase from 48.98% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 60.22% in the past 14 days, which was higher than the 44.41% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $9.21, while its 200-day Moving Average is $7.37. However, in the short run, Cantaloupe Inc’s stock first resistance to watch stands at $9.87. Second resistance stands at $10.01. The third major resistance level sits at $10.23. If the price goes on to break the first support level at $9.50, it is likely to go to the next support level at $9.28. Assuming the price breaks the second support level, the third support level stands at $9.14.
Cantaloupe Inc (NASDAQ: CTLP) Key Stats
There are currently 72,986K shares outstanding in the company with a market cap of 710.15 million. Presently, the company’s annual sales total 268,600 K according to its annual income of 11,990 K. Last quarter, the company’s sales amounted to 70,840 K and its income totaled 3,570 K.
