A new trading day began on Friday, with Noodles & Company (NASDAQ: NDLS) stock price down -8.81% from the previous day of trading, before settling in for the closing price of $0.67. NDLS’s price has ranged from $0.60 to $3.50 over the past 52 weeks.
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Annual sales at Consumer Cyclical sector company grew by 2.57% over the past five years. Meanwhile, its annual earnings per share averaged -312.12%. With a float of $32.47 million, this company’s outstanding shares have now reached $45.68 million.
Let’s look at the performance matrix of the company that is accounted for 7600 employees. In terms of profitability, gross margin is 11.34%, operating margin of -1.42%, and the pretax margin is -6.58%.
Noodles & Company (NDLS) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Restaurants Industry. The insider ownership of Noodles & Company is 28.91%, while institutional ownership is 41.23%.
Noodles & Company (NDLS) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.08 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -312.12% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.00% during the next five years compared to -1.51% drop over the previous five years of trading.
Noodles & Company (NASDAQ: NDLS) Trading Performance Indicators
Here are Noodles & Company’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.17. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.05.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.72, a number that is poised to hit -0.14 in the next quarter and is forecasted to reach -0.27 in one year’s time.
Technical Analysis of Noodles & Company (NDLS)
Noodles & Company (NASDAQ: NDLS) saw its 5-day average volume 0.3 million, a positive change from its year-to-date volume of 0.23 million. As of the previous 9 days, the stock’s Stochastic %D was 19.92%. Additionally, its Average True Range was 0.06.
During the past 100 days, Noodles & Company’s (NDLS) raw stochastic average was set at 0.88%, which indicates a significant decrease from 4.45% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 84.55% in the past 14 days, which was higher than the 77.61% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.8732, while its 200-day Moving Average is $1.4350. Nevertheless, the first resistance level for the watch stands at $0.6529 in the near term. At $0.6949, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.7197. If the price goes on to break the first support level at $0.5861, it is likely to go to the next support level at $0.5613. The third support level lies at $0.5193 if the price breaches the second support level.
Noodles & Company (NASDAQ: NDLS) Key Stats
With a market capitalization of 25.45 million, the company has a total of 45,679K Shares Outstanding. Currently, annual sales are 503,410 K while annual income is -9,860 K. The company’s previous quarter sales were 122,750 K while its latest quarter income was -6,760 K.
