On Tuesday, Turtle Beach Corp (NASDAQ: HEAR) opened higher 3.76% from the last session, before settling in for the closing price of $15.96. Price fluctuations for HEAR have ranged from $9.77 to $19.00 over the past 52 weeks.
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Annual sales at Technology sector company grew by 1.97% over the past five years. Company’s average yearly earnings per share was noted 249.82% at the time writing. With a float of $15.05 million, this company’s outstanding shares have now reached $20.08 million.
Let’s look at the performance matrix of the company that is accounted for 252 employees. In terms of profitability, gross margin is 31.83%, operating margin of 3.64%, and the pretax margin is -0.29%.
Turtle Beach Corp (HEAR) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Consumer Electronics industry is another important factor to consider. The insider ownership of Turtle Beach Corp is 25.07%, while institutional ownership is 58.29%. The most recent insider transaction that took place on Nov 21 ’24, was worth 83,130. In this transaction Director of this company sold 5,542 shares at a rate of $15.00, taking the stock ownership to the 37,123 shares. Before that another transaction happened on Nov 20 ’24, when Company’s CEO bought 3,000 for $14.86, making the entire transaction worth $44,580. This insider now owns 35,648 shares in total.
Turtle Beach Corp (HEAR) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.01 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 249.82% per share during the next fiscal year.
Turtle Beach Corp (NASDAQ: HEAR) Trading Performance Indicators
Check out the current performance indicators for Turtle Beach Corp (HEAR). In the past quarter, the stock posted a quick ratio of 0.60. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.02. Likewise, its price to free cash flow for the trailing twelve months is 48.05.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.28, a number that is poised to hit 1.12 in the next quarter and is forecasted to reach 1.57 in one year’s time.
Technical Analysis of Turtle Beach Corp (HEAR)
Turtle Beach Corp (NASDAQ: HEAR) saw its 5-day average volume 0.2 million, a negative change from its year-to-date volume of 0.24 million. As of the previous 9 days, the stock’s Stochastic %D was 13.98%. Additionally, its Average True Range was 0.80.
During the past 100 days, Turtle Beach Corp’s (HEAR) raw stochastic average was set at 64.64%, which indicates a significant increase from 26.51% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.87% in the past 14 days, which was lower than the 50.36% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $16.58, while its 200-day Moving Average is $15.49. Nevertheless, the first resistance level for the watch stands at $16.86 in the near term. At $17.16, the stock is likely to face the second major resistance level. The third major resistance level sits at $17.65. If the price goes on to break the first support level at $16.07, it is likely to go to the next support level at $15.58. The third support level lies at $15.28 if the price breaches the second support level.
Turtle Beach Corp (NASDAQ: HEAR) Key Stats
There are currently 20,079K shares outstanding in the company with a market cap of 332.52 million. Presently, the company’s annual sales total 258,120 K according to its annual income of -17,680 K. Last quarter, the company’s sales amounted to 94,360 K and its income totaled 3,410 K.
