Corsair Gaming Inc (NASDAQ: CRSR) on Monday, soared 5.41% from the previous trading day, before settling in for the closing price of $9.25. Within the past 52 weeks, CRSR’s price has moved between $5.59 and $14.12.
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During the last 5-year period, the sales growth of Technology Sector giant was 11.35%. The company achieved an average annual earnings per share of -118.70%. With a float of $44.87 million, this company’s outstanding shares have now reached $103.25 million.
Let’s determine the extent of company efficiency that accounts for 2387 employees. In terms of profitability, gross margin is 24.4%, operating margin of -3.31%, and the pretax margin is -4.3%.
Corsair Gaming Inc (CRSR) Breakdown of a Key Holders of the stock
Observing investor behavior towards Computer Hardware industry stocks is more important than anything else. The insider ownership of Corsair Gaming Inc is 57.14%, while institutional ownership is 32.47%. The most recent insider transaction that took place on Jul 05 ’24, was worth 20,113. In this transaction Chief Financial Officer of this company sold 1,947 shares at a rate of $10.33, taking the stock ownership to the 70,412 shares.
Corsair Gaming Inc (CRSR) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.11 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -118.70% per share during the next fiscal year.
Corsair Gaming Inc (NASDAQ: CRSR) Trading Performance Indicators
Corsair Gaming Inc (CRSR) is currently performing well based on its current performance indicators. A quick ratio of 0.77 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.77. Likewise, its price to free cash flow for the trailing twelve months is 37.68.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.91, a number that is poised to hit 0.16 in the next quarter and is forecasted to reach 0.51 in one year’s time.
Technical Analysis of Corsair Gaming Inc (CRSR)
Looking closely at Corsair Gaming Inc (NASDAQ: CRSR), its last 5-days average volume was 1.16 million, which is a jump from its year-to-date volume of 0.97 million. As of the previous 9 days, the stock’s Stochastic %D was 73.34%. Additionally, its Average True Range was 0.50.
During the past 100 days, Corsair Gaming Inc’s (CRSR) raw stochastic average was set at 95.66%, which indicates a significant increase from 88.51% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 48.51% in the past 14 days, which was lower than the 50.98% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.89, while its 200-day Moving Average is $8.32. However, in the short run, Corsair Gaming Inc’s stock first resistance to watch stands at $9.89. Second resistance stands at $10.03. The third major resistance level sits at $10.31. If the price goes on to break the first support level at $9.47, it is likely to go to the next support level at $9.19. Now, if the price goes above the second support level, the third support stands at $9.05.
Corsair Gaming Inc (NASDAQ: CRSR) Key Stats
Market capitalization of the company is 1.02 billion based on 104,700K outstanding shares. Right now, sales total 1,460 M and income totals 3,190 K. The company made 304,200 K in profit during its latest quarter, and -51,710 K in sales during its previous quarter.
