Alkami Technology Inc (NASDAQ: ALKT) on Friday, plunged -3.43% from the previous trading day, before settling in for the closing price of $39.90. Within the past 52 weeks, ALKT’s price has moved between $22.62 and $42.29.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 38.02%. The company achieved an average annual earnings per share of 722.86%. With a float of $64.12 million, this company’s outstanding shares have now reached $100.50 million.
Considering the fact that the conglomerate employs 917 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 57.77%, operating margin of -15.48%, and the pretax margin is -14.52%.
Alkami Technology Inc (ALKT) Breakdown of a Key Holders of the stock
Observing investor behavior towards Software – Application industry stocks is more important than anything else. The insider ownership of Alkami Technology Inc is 36.20%, while institutional ownership is 47.00%. The most recent insider transaction that took place on Dec 16 ’24, was worth 3,976,850. In this transaction Chief Financial Officer of this company sold 100,000 shares at a rate of $39.77, taking the stock ownership to the 353,841 shares. Before that another transaction happened on Dec 16 ’24, when Company’s Officer proposed sale 200,000 for $39.61, making the entire transaction worth $7,922,000.
Alkami Technology Inc (ALKT) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.1 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 722.86% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 30.00% during the next five years compared to -6.87% drop over the previous five years of trading.
Alkami Technology Inc (NASDAQ: ALKT) Trading Performance Indicators
Alkami Technology Inc (ALKT) is currently performing well based on its current performance indicators. A quick ratio of 3.27 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 11.85. Likewise, its price to free cash flow for the trailing twelve months is 679.85.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.47, a number that is poised to hit 0.08 in the next quarter and is forecasted to reach 0.50 in one year’s time.
Technical Analysis of Alkami Technology Inc (ALKT)
Compared to the last year’s volume of 0.54 million, its volume of 0.58 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 62.25%. Additionally, its Average True Range was 1.59.
During the past 100 days, Alkami Technology Inc’s (ALKT) raw stochastic average was set at 72.93%, which indicates a significant increase from 32.42% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 39.81% in the past 14 days, which was lower than the 42.30% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $38.44, while its 200-day Moving Average is $31.13. Nevertheless, the first resistance level for the watch stands at $39.79 in the near term. At $41.05, the stock is likely to face the second major resistance level. The third major resistance level sits at $41.70. If the price goes on to break the first support level at $37.87, it is likely to go to the next support level at $37.22. Now, if the price goes above the second support level, the third support stands at $35.96.
Alkami Technology Inc (NASDAQ: ALKT) Key Stats
Market capitalization of the company is 3.74 billion based on 100,497K outstanding shares. Right now, sales total 264,830 K and income totals -62,910 K. The company made 85,910 K in profit during its latest quarter, and -9,440 K in sales during its previous quarter.
