Alkami Technology Inc (NASDAQ: ALKT) kicked off on Friday, down -4.93% from the previous trading day, before settling in for the closing price of $35.92. Over the past 52 weeks, ALKT has traded in a range of $22.65-$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%. While this was happening, its average annual earnings per share was recorded 722.86%. With a float of $64.22 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) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Software – Application Industry. The insider ownership of Alkami Technology Inc is 36.20%, while institutional ownership is 46.98%. 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) Earnings and Forecasts
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.
Alkami Technology Inc (NASDAQ: ALKT) Trading Performance Indicators
Take a look at Alkami Technology Inc’s (ALKT) current performance indicators. Last quarter, stock had a quick ratio of 3.27. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 10.88. Likewise, its price to free cash flow for the trailing twelve months is 623.99.
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 0.56 million, its volume of 0.6 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 14.41%. Additionally, its Average True Range was 1.60.
During the past 100 days, Alkami Technology Inc’s (ALKT) raw stochastic average was set at 41.40%, which indicates a significant increase from 0.64% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 43.17% in the past 14 days, which was higher than the 42.13% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $38.20, while its 200-day Moving Average is $31.62. Nevertheless, the first resistance level for the watch stands at $35.56 in the near term. At $36.98, the stock is likely to face the second major resistance level. The third major resistance level sits at $37.70. If the price goes on to break the first support level at $33.42, it is likely to go to the next support level at $32.70. Should the price break the second support level, the third support level stands at $31.28.
Alkami Technology Inc (NASDAQ: ALKT) Key Stats
The company with the Market Capitalisation of 3.43 billion has total of 100,497K Shares Outstanding. Its annual sales at the moment are 264,830 K in contrast with the sum of -62,910 K annual income. Company’s last quarter sales were recorded 85,910 K and last quarter income was -9,440 K.
