A new trading day began on Friday, with Confluent Inc (NASDAQ: CFLT) stock price down -3.81% from the previous day of trading, before settling in for the closing price of $36.23. CFLT’s price has ranged from $17.79 to $37.90 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 45.91%. Meanwhile, its annual earnings per share averaged 23.04%. With a float of $247.32 million, this company’s outstanding shares have now reached $328.00 million.
The extent of productivity of a business whose workforce counts for 2744 workers is very important to gauge. In terms of profitability, gross margin is 73.29%, operating margin of -43.48%, and the pretax margin is -34.73%.
Confluent Inc (CFLT) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Infrastructure Industry. The insider ownership of Confluent Inc is 24.63%, while institutional ownership is 70.84%. The most recent insider transaction that took place on Feb 13 ’25, was worth 238,927. Before that another transaction happened on Feb 13 ’25, when Company’s Director proposed sale 2,381 for $37.65, making the entire transaction worth $89,645.
Confluent Inc (CFLT) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.08 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 23.04% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 33.32% during the next five years compared to -23.27% drop over the previous five years of trading.
Confluent Inc (NASDAQ: CFLT) Trading Performance Indicators
Here are Confluent Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 4.15. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 11.86. Likewise, its price to free cash flow for the trailing twelve months is 370.05.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.07, a number that is poised to hit 0.07 in the next quarter and is forecasted to reach 0.49 in one year’s time.
Technical Analysis of Confluent Inc (CFLT)
The latest stats from [Confluent Inc, CFLT] show that its last 5-days average volume of 12.4 million was superior to 5.39 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 82.32%. Additionally, its Average True Range was 1.87.
During the past 100 days, Confluent Inc’s (CFLT) raw stochastic average was set at 84.19%, which indicates a significant increase from 68.39% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 106.10% in the past 14 days, which was higher than the 61.10% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $30.03, while its 200-day Moving Average is $26.20. Now, the first resistance to watch is $35.80. This is followed by the second major resistance level at $36.74. The third major resistance level sits at $37.24. If the price goes on to break the first support level at $34.36, it is likely to go to the next support level at $33.86. The third support level lies at $32.92 if the price breaches the second support level.
Confluent Inc (NASDAQ: CFLT) Key Stats
With a market capitalization of 11.43 billion, the company has a total of 327,995K Shares Outstanding. Currently, annual sales are 776,950 K while annual income is -442,750 K. The company’s previous quarter sales were 250,200 K while its latest quarter income was -74,140 K.
