PodcastOne Inc (NASDAQ: PODC) on Tuesday, soared 13.42% from the previous trading day, before settling in for the closing price of $2.13. Within the past 52 weeks, PODC’s price has moved between $1.10 and $2.70.
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A company in the Communication Services sector has jumped its sales by 22.59% annually for the last half of the decade. The company achieved an average annual earnings per share of 67.65%. With a float of $5.70 million, this company’s outstanding shares have now reached $24.40 million.
In an organization with 46 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 8.93%, operating margin of -14.33%, and the pretax margin is -13.94%.
PodcastOne Inc (PODC) Insider Updates
Observing investor behavior towards Internet Content & Information industry stocks is more important than anything else. The insider ownership of PodcastOne Inc is 76.66%, while institutional ownership is 5.97%. The most recent insider transaction that took place on Nov 26 ’24, was worth 7,105. In this transaction Executive Chairman of this company bought 3,500 shares at a rate of $2.03, taking the stock ownership to the 169,431 shares. Before that another transaction happened on Nov 25 ’24, when Company’s Executive Chairman bought 1 for $1.88, making the entire transaction worth $2. This insider now owns 165,931 shares in total.
PodcastOne Inc (PODC) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 67.65% per share during the next fiscal year.
PodcastOne Inc (NASDAQ: PODC) Trading Performance Indicators
PodcastOne Inc (PODC) is currently performing well based on its current performance indicators. A quick ratio of 1.10 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.25. Likewise, its price to free cash flow for the trailing twelve months is 44.18.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.28, a number that is poised to hit -0.05 in the next quarter and is forecasted to reach -0.11 in one year’s time.
Technical Analysis of PodcastOne Inc (PODC)
Let’s dig in a bit further. During the last 5-days, its volume was 55620.0. That was better than the volume of 42206.0 it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 30.03%. Additionally, its Average True Range was 0.27.
During the past 100 days, PodcastOne Inc’s (PODC) raw stochastic average was set at 82.75%, which indicates a significant increase from 56.48% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 119.44% in the past 14 days, which was higher than the 90.53% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.82, while its 200-day Moving Average is $1.75. However, in the short run, PodcastOne Inc’s stock first resistance to watch stands at $2.65. Second resistance stands at $2.88. The third major resistance level sits at $3.17. If the price goes on to break the first support level at $2.12, it is likely to go to the next support level at $1.83. Assuming the price breaks the second support level, the third support level stands at $1.60.
PodcastOne Inc (NASDAQ: PODC) Key Stats
Market capitalization of the company is 59.20 million based on 24,505K outstanding shares. Right now, sales total 43,300 K and income totals -14,730 K. The company made 12,150 K in profit during its latest quarter, and -1,670 K in sales during its previous quarter.
