On Friday, Tenable Holdings Inc (NASDAQ: TENB) opened lower -3.02% from the last session, before settling in for the closing price of $40.72. Price fluctuations for TENB have ranged from $35.25 to $53.50 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 24.57%. Company’s average yearly earnings per share was noted 51.89% at the time writing. With a float of $118.04 million, this company’s outstanding shares have now reached $121.34 million.
Considering the fact that the conglomerate employs 1999 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 78.08%, operating margin of -2.04%, and the pretax margin is -5.14%.
Tenable Holdings Inc (TENB) Insider Activity
A key investor’s attitude towards the stock of the Software – Infrastructure industry is another important factor to consider. The insider ownership of Tenable Holdings Inc is 1.74%, while institutional ownership is 91.48%. The most recent insider transaction that took place on Nov 27 ’24, was worth 40,330. In this transaction Chief Operating Officer of this company sold 939 shares at a rate of $42.95, taking the stock ownership to the 38,046 shares. Before that another transaction happened on Nov 26 ’24, when Company’s Chief Operating Officer sold 3,423 for $42.57, making the entire transaction worth $145,727. This insider now owns 38,985 shares in total.
Tenable Holdings Inc (TENB) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.33 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 51.89% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 11.00% during the next five years compared to 13.22% growth over the previous five years of trading.
Tenable Holdings Inc (NASDAQ: TENB) Trading Performance Indicators
Check out the current performance indicators for Tenable Holdings Inc (TENB). In the past quarter, the stock posted a quick ratio of 1.21. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.24. Likewise, its price to free cash flow for the trailing twelve months is 28.01.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.51, a number that is poised to hit 0.34 in the next quarter and is forecasted to reach 1.42 in one year’s time.
Technical Analysis of Tenable Holdings Inc (TENB)
Compared to the last year’s volume of 0.92 million, its volume of 0.9 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 30.48%. Additionally, its Average True Range was 1.17.
During the past 100 days, Tenable Holdings Inc’s (TENB) raw stochastic average was set at 21.43%, which indicates a significant increase from 7.55% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.64% in the past 14 days, which was higher than the 27.14% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $41.53, while its 200-day Moving Average is $42.75. Nevertheless, the first resistance level for the watch stands at $40.23 in the near term. At $40.98, the stock is likely to face the second major resistance level. The third major resistance level sits at $41.52. If the price goes on to break the first support level at $38.95, it is likely to go to the next support level at $38.41. Should the price break the second support level, the third support level stands at $37.67.
Tenable Holdings Inc (NASDAQ: TENB) Key Stats
There are currently 120,135K shares outstanding in the company with a market cap of 4.60 billion. Presently, the company’s annual sales total 798,710 K according to its annual income of -78,280 K. Last quarter, the company’s sales amounted to 227,090 K and its income totaled -9,210 K.
