Gitlab Inc (NASDAQ: GTLB) kicked off on Monday, down -2.59% from the previous trading day, before settling in for the closing price of $57.97. Over the past 52 weeks, GTLB has traded in a range of $40.72-$78.53.
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Annual sales at Technology sector company grew by 64.50% over the past five years. While this was happening, its average annual earnings per share was recorded 216.60%. With a float of $123.50 million, this company’s outstanding shares have now reached $140.53 million.
Let’s look at the performance matrix of the company that is accounted for 2130 employees. In terms of profitability, gross margin is 89.0%, operating margin of -21.83%, and the pretax margin is -16.34%.
Gitlab Inc (GTLB) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Software – Infrastructure Industry. The insider ownership of Gitlab Inc is 23.67%, while institutional ownership is 62.41%. The most recent insider transaction that took place on Dec 26 ’24, was worth 32,708,978. In this transaction Director of this company sold 547,679 shares at a rate of $59.72, taking the stock ownership to the 58,471 shares. Before that another transaction happened on Dec 27 ’24, when Company’s Director sold 100 for $59.18, making the entire transaction worth $5,918. This insider now owns 58,428 shares in total.
Gitlab Inc (GTLB) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.15 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 216.60% 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 -31.81% drop over the previous five years of trading.
Gitlab Inc (NASDAQ: GTLB) Trading Performance Indicators
Take a look at Gitlab Inc’s (GTLB) current performance indicators. Last quarter, stock had a quick ratio of 2.49. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 12.88.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.32, a number that is poised to hit 0.23 in the next quarter and is forecasted to reach 0.80 in one year’s time.
Technical Analysis of Gitlab Inc (GTLB)
Gitlab Inc (NASDAQ: GTLB) saw its 5-day average volume 2.04 million, a negative change from its year-to-date volume of 2.45 million. As of the previous 9 days, the stock’s Stochastic %D was 46.20%. Additionally, its Average True Range was 2.91.
During the past 100 days, Gitlab Inc’s (GTLB) raw stochastic average was set at 48.05%, which indicates a significant increase from 10.56% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 51.94% in the past 14 days, which was lower than the 52.90% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $59.90, while its 200-day Moving Average is $53.61. Nevertheless, the first resistance level for the watch stands at $56.98 in the near term. At $57.48, the stock is likely to face the second major resistance level. The third major resistance level sits at $58.03. If the price goes on to break the first support level at $55.93, it is likely to go to the next support level at $55.38. Assuming the price breaks the second support level, the third support level stands at $54.88.
Gitlab Inc (NASDAQ: GTLB) Key Stats
The company with the Market Capitalisation of 9.17 billion has total of 162,300K Shares Outstanding. Its annual sales at the moment are 579,910 K in contrast with the sum of -424,170 K annual income. Company’s last quarter sales were recorded 196,050 K and last quarter income was 29,570 K.
