On Friday, Reddit Inc (NYSE: RDDT) was 7.13% up from the session before settling in for the closing price of $165.91. A 52-week range for RDDT has been $37.35 – $182.20.
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Communication Services Sector giant saw their annual sales surged by 56.64% over the last five years. When this article was written, the company’s average yearly earnings per share was at -169.13%. With a float of $103.38 million, this company’s outstanding shares have now reached $116.91 million.
The firm has a total of 2013 workers. Let’s measure their productivity. In terms of profitability, gross margin is 88.91%, operating margin of -54.39%, and the pretax margin is -47.74%.
Reddit Inc (RDDT) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Reddit Inc stocks. The insider ownership of Reddit Inc is 41.12%, while institutional ownership is 39.13%. The most recent insider transaction that took place on Dec 31 ’24, was worth 2,314,636. In this transaction CEO & President of this company sold 14,000 shares at a rate of $165.33, taking the stock ownership to the 614,394 shares. Before that another transaction happened on Dec 23 ’24, when Company’s Chief Technology Officer sold 11,000 for $169.85, making the entire transaction worth $1,868,375. This insider now owns 324,837 shares in total.
Reddit Inc (RDDT) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around -169.13% per share during the next fiscal year.
Reddit Inc (NYSE: RDDT) Trading Performance Indicators
You can see what Reddit Inc (RDDT) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 11.96. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 29.79. Likewise, its price to free cash flow for the trailing twelve months is 319.53.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.30, a number that is poised to hit 0.23 in the next quarter and is forecasted to reach 0.77 in one year’s time.
Technical Analysis of Reddit Inc (RDDT)
Analysing the last 5-days average volume posted by the [Reddit Inc, RDDT], we can find that recorded value of 5.42 million was lower than the volume posted last year of 6.76 million. As of the previous 9 days, the stock’s Stochastic %D was 48.53%. Additionally, its Average True Range was 10.92.
During the past 100 days, Reddit Inc’s (RDDT) raw stochastic average was set at 96.56%, which indicates a significant increase from 82.95% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 61.82% in the past 14 days, which was lower than the 80.40% volatility it showed in the past 100 days.
Now, the first resistance to watch is $183.65. This is followed by the second major resistance level at $189.56. The third major resistance level sits at $197.91. If the price goes on to break the first support level at $169.40, it is likely to go to the next support level at $161.05. Now, if the price goes above the second support level, the third support stands at $155.14.
Reddit Inc (NYSE: RDDT) Key Stats
There are 175,578K outstanding shares of the company, which has a market capitalization of 33.43 billion. As of now, sales total 804,030 K while income totals -90,820 K. Its latest quarter income was 348,350 K while its last quarter net income were 29,850 K.
