On Tuesday, ON24 Inc (NYSE: ONTF) opened higher 3.08% from the last session, before settling in for the closing price of $6.49. Price fluctuations for ONTF have ranged from $5.37 to $8.35 over the past 52 weeks.
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A company in the Technology sector has jumped its sales by 18.64% annually for the last half of the decade. Company’s average yearly earnings per share was noted 6.67% at the time writing. With a float of $35.77 million, this company’s outstanding shares have now reached $42.03 million.
In an organization with 462 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 74.24%, operating margin of -32.4%, and the pretax margin is -27.6%.
ON24 Inc (ONTF) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Software – Application industry is another important factor to consider. The insider ownership of ON24 Inc is 14.12%, while institutional ownership is 70.15%. The most recent insider transaction that took place on Dec 17 ’24, was worth 238,089. In this transaction President and Chief Executive of this company sold 35,763 shares at a rate of $6.66, taking the stock ownership to the 3,126,830 shares. Before that another transaction happened on Dec 18 ’24, when Company’s Chief Financial Officer sold 17,025 for $6.70, making the entire transaction worth $114,066. This insider now owns 544,386 shares in total.
ON24 Inc (ONTF) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 6.67% per share during the next fiscal year.
ON24 Inc (NYSE: ONTF) Trading Performance Indicators
Check out the current performance indicators for ON24 Inc (ONTF). In the past quarter, the stock posted a quick ratio of 2.61. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.85. Likewise, its price to free cash flow for the trailing twelve months is 1639.06.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.03, a number that is poised to hit 0.02 in the next quarter and is forecasted to reach 0.08 in one year’s time.
Technical Analysis of ON24 Inc (ONTF)
Let’s dig in a bit further. During the last 5-days, its volume was 0.18 million. That was better than the volume of 0.17 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 40.26%. Additionally, its Average True Range was 0.22.
During the past 100 days, ON24 Inc’s (ONTF) raw stochastic average was set at 76.64%, which indicates a significant increase from 58.44% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.30% in the past 14 days, which was lower than the 33.32% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.48, while its 200-day Moving Average is $6.35. However, in the short run, ON24 Inc’s stock first resistance to watch stands at $6.78. Second resistance stands at $6.87. The third major resistance level sits at $7.03. If the price goes on to break the first support level at $6.53, it is likely to go to the next support level at $6.37. The third support level lies at $6.28 if the price breaches the second support level.
ON24 Inc (NYSE: ONTF) Key Stats
There are currently 41,651K shares outstanding in the company with a market cap of 278.64 million. Presently, the company’s annual sales total 163,710 K according to its annual income of -51,790 K. Last quarter, the company’s sales amounted to 36,330 K and its income totaled -11,410 K.
