On Friday, Freshworks Inc (NASDAQ: FRSH) opened lower -3.47% from the last session, before settling in for the closing price of $16.15. Price fluctuations for FRSH have ranged from $10.81 to $23.93 over the past 52 weeks.
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During the last 5-year period, the sales growth of Technology Sector giant was 36.86%. Company’s average yearly earnings per share was noted 49.79% at the time writing. With a float of $172.26 million, this company’s outstanding shares have now reached $232.73 million.
Let’s determine the extent of company efficiency that accounts for 4900 employees. In terms of profitability, gross margin is 83.84%, operating margin of -22.58%, and the pretax margin is -14.6%.
Freshworks Inc (FRSH) Insider Activity
A key investor’s attitude towards the stock of the Software – Application industry is another important factor to consider. The insider ownership of Freshworks Inc is 43.12%, while institutional ownership is 45.26%. The most recent insider transaction that took place on Jan 10 ’25, was worth 98,903. Before that another transaction happened on Jan 02 ’25, when Company’s Director sold 780 for $16.38, making the entire transaction worth $12,776. This insider now owns 26,957 shares in total.
Freshworks Inc (FRSH) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.12 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 49.79% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 27.50% during the next five years compared to 32.03% growth over the previous five years of trading.
Freshworks Inc (NASDAQ: FRSH) Trading Performance Indicators
Check out the current performance indicators for Freshworks Inc (FRSH). In the past quarter, the stock posted a quick ratio of 3.20. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.88. Likewise, its price to free cash flow for the trailing twelve months is 33.68.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.34, a number that is poised to hit 0.10 in the next quarter and is forecasted to reach 0.52 in one year’s time.
Technical Analysis of Freshworks Inc (FRSH)
Looking closely at Freshworks Inc (NASDAQ: FRSH), its last 5-days average volume was 3.06 million, which is a jump from its year-to-date volume of 3.02 million. As of the previous 9 days, the stock’s Stochastic %D was 37.21%. Additionally, its Average True Range was 0.61.
During the past 100 days, Freshworks Inc’s (FRSH) raw stochastic average was set at 69.78%, which indicates a significant increase from 31.50% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.39% in the past 14 days, which was lower than the 52.70% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $15.60, while its 200-day Moving Average is $13.85. However, in the short run, Freshworks Inc’s stock first resistance to watch stands at $15.88. Second resistance stands at $16.17. The third major resistance level sits at $16.46. If the price goes on to break the first support level at $15.29, it is likely to go to the next support level at $15.00. Should the price break the second support level, the third support level stands at $14.71.
Freshworks Inc (NASDAQ: FRSH) Key Stats
There are currently 302,854K shares outstanding in the company with a market cap of 4.72 billion. Presently, the company’s annual sales total 596,430 K according to its annual income of -137,440 K. Last quarter, the company’s sales amounted to 186,580 K and its income totaled -29,960 K.
