On Tuesday, Impinj Inc (NASDAQ: PI) opened higher 1.42% from the last session, before settling in for the closing price of $104.84. Price fluctuations for PI have ranged from $97.77 to $239.88 over the past 52 weeks.
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During the last 5-year period, the sales growth of Technology Sector giant was 20.34%. Company’s average yearly earnings per share was noted -32.96% at the time writing. With a float of $26.99 million, this company’s outstanding shares have now reached $28.50 million.
Let’s determine the extent of company efficiency that accounts for 451 employees. In terms of profitability, gross margin is 51.45%, operating margin of -1.91%, and the pretax margin is 11.2%.
Impinj Inc (PI) Insider Activity
A key investor’s attitude towards the stock of the Semiconductors industry is another important factor to consider. The insider ownership of Impinj Inc is 4.58%, while institutional ownership is 103.09%. The most recent insider transaction that took place on Jan 13 ’25, was worth 53,316. In this transaction CHIEF REVENUE OFFICER of this company sold 378 shares at a rate of $141.05, taking the stock ownership to the 67,052 shares. Before that another transaction happened on Jan 13 ’25, when Company’s CHIEF FINANCIAL OFFICER sold 290 for $140.96, making the entire transaction worth $40,878. This insider now owns 71,754 shares in total.
Impinj Inc (PI) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.6 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -32.96% per share during the next fiscal year.
Impinj Inc (NASDAQ: PI) Trading Performance Indicators
Check out the current performance indicators for Impinj Inc (PI). In the past quarter, the stock posted a quick ratio of 0.68. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.29. Likewise, its price to free cash flow for the trailing twelve months is 27.29.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.31, a number that is poised to hit 0.09 in the next quarter and is forecasted to reach 2.42 in one year’s time.
Technical Analysis of Impinj Inc (PI)
Looking closely at Impinj Inc (NASDAQ: PI), its last 5-days average volume was 1.84 million, which is a jump from its year-to-date volume of 0.86 million. As of the previous 9 days, the stock’s Stochastic %D was 19.58%. Additionally, its Average True Range was 7.67.
During the past 100 days, Impinj Inc’s (PI) raw stochastic average was set at 5.54%, which indicates a significant decrease from 18.26% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 71.06% in the past 14 days, which was higher than the 54.27% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $145.63, while its 200-day Moving Average is $168.72. However, in the short run, Impinj Inc’s stock first resistance to watch stands at $108.06. Second resistance stands at $109.80. The third major resistance level sits at $112.89. If the price goes on to break the first support level at $103.23, it is likely to go to the next support level at $100.14. Should the price break the second support level, the third support level stands at $98.40.
Impinj Inc (NASDAQ: PI) Key Stats
There are currently 28,289K shares outstanding in the company with a market cap of 3.03 billion. Presently, the company’s annual sales total 366,090 K according to its annual income of 40,840 K. Last quarter, the company’s sales amounted to 91,570 K and its income totaled -2,690 K.
