Viavi Solutions Inc (NASDAQ: VIAV) kicked off on Tuesday, up 1.85% from the previous trading day, before settling in for the closing price of $9.71. Over the past 52 weeks, VIAV has traded in a range of $6.60-$11.49.
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A company in the Technology sector has dropped its sales by -2.03% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 15.10%. With a float of $218.41 million, this company’s outstanding shares have now reached $222.00 million.
In an organization with 3600 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 57.01%, operating margin of 3.05%, and the pretax margin is 0.04%.
Viavi Solutions Inc (VIAV) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Communication Equipment Industry. The insider ownership of Viavi Solutions Inc is 1.53%, while institutional ownership is 94.30%. The most recent insider transaction that took place on Jan 14 ’25, was worth 300,444. Before that another transaction happened on Jan 14 ’25, when Company’s Director sold 30,000 for $10.01, making the entire transaction worth $300,300. This insider now owns 180,333 shares in total.
Viavi Solutions Inc (VIAV) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.09 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 15.10% per share during the next fiscal year.
Viavi Solutions Inc (NASDAQ: VIAV) Trading Performance Indicators
Take a look at Viavi Solutions Inc’s (VIAV) current performance indicators. Last quarter, stock had a quick ratio of 3.31. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.21. Likewise, its price to free cash flow for the trailing twelve months is 36.87.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.17, a number that is poised to hit 0.10 in the next quarter and is forecasted to reach 0.53 in one year’s time.
Technical Analysis of Viavi Solutions Inc (VIAV)
Let’s dig in a bit further. During the last 5-days, its volume was 2.0 million. That was better than the volume of 1.41 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 34.51%. Additionally, its Average True Range was 0.33.
During the past 100 days, Viavi Solutions Inc’s (VIAV) raw stochastic average was set at 56.64%, which indicates a significant increase from 23.01% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 39.42% in the past 14 days, which was higher than the 31.78% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.24, while its 200-day Moving Average is $8.66. However, in the short run, Viavi Solutions Inc’s stock first resistance to watch stands at $9.99. Second resistance stands at $10.08. The third major resistance level sits at $10.26. If the price goes on to break the first support level at $9.71, it is likely to go to the next support level at $9.53. The third support level lies at $9.44 if the price breaches the second support level.
Viavi Solutions Inc (NASDAQ: VIAV) Key Stats
The company with the Market Capitalisation of 2.19 billion has total of 221,813K Shares Outstanding. Its annual sales at the moment are 1,000 M in contrast with the sum of -25,800 K annual income. Company’s last quarter sales were recorded 238,200 K and last quarter income was -1,800 K.
