Elastic N.V (ESTC) is gearing up for another turning point as it hit the volume of 1.82 million

On Monday, Elastic N.V (NYSE: ESTC) was 3.04% up from the session before settling in for the closing price of $112.96. A 52-week range for ESTC has been $69.00 – $136.06.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 36.79%. When this article was written, the company’s average yearly earnings per share was at 44.67%. With a float of $89.05 million, this company’s outstanding shares have now reached $103.63 million.

Considering the fact that the conglomerate employs 3187 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 74.02%, operating margin of -7.64%, and the pretax margin is -7.18%.

Elastic N.V (ESTC) Insider Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Elastic N.V stocks. The insider ownership of Elastic N.V is 14.08%, while institutional ownership is 81.69%. The most recent insider transaction that took place on Dec 18 ’24, was worth 758,689. In this transaction Chief Executive Officer of this company sold 7,017 shares at a rate of $108.12, taking the stock ownership to the 395,326 shares. Before that another transaction happened on Dec 18 ’24, when Company’s Officer proposed sale 7,017 for $108.12, making the entire transaction worth $758,689.

Elastic N.V (ESTC) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.32 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 44.67% per share during the next fiscal year.

Elastic N.V (NYSE: ESTC) Trading Performance Indicators

You can see what Elastic N.V (ESTC) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.90. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.77. Likewise, its price to free cash flow for the trailing twelve months is 59.98.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.55, a number that is poised to hit 0.47 in the next quarter and is forecasted to reach 1.92 in one year’s time.

Technical Analysis of Elastic N.V (ESTC)

Compared to the last year’s volume of 1.28 million, its volume of 1.11 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 73.35%. Additionally, its Average True Range was 4.14.

During the past 100 days, Elastic N.V’s (ESTC) raw stochastic average was set at 94.52%, which indicates a significant increase from 86.66% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 53.47% in the past 14 days, which was higher than the 40.93% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $106.07, while its 200-day Moving Average is $99.64. Nevertheless, the first resistance level for the watch stands at $118.77 in the near term. At $121.16, the stock is likely to face the second major resistance level. The third major resistance level sits at $123.47. If the price goes on to break the first support level at $114.07, it is likely to go to the next support level at $111.76. Should the price break the second support level, the third support level stands at $109.37.

Elastic N.V (NYSE: ESTC) Key Stats

There are 103,632K outstanding shares of the company, which has a market capitalization of 12.06 billion. As of now, sales total 1,267 M while income totals 61,720 K. Its latest quarter income was 365,360 K while its last quarter net income were -25,450 K.