A new trading day began on Friday, with Super Micro Computer Inc (NASDAQ: SMCI) stock price up 13.32% from the previous day of trading, before settling in for the closing price of $42.28. SMCI’s price has ranged from $17.25 to $122.90 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Technology Sector giant saw their annual sales surged by 38.97% over the last five years. Meanwhile, its annual earnings per share averaged 19.56%. With a float of $499.66 million, this company’s outstanding shares have now reached $585.57 million.
In terms of profitability, gross margin is 14.13%, operating margin of 8.47%, and the pretax margin is 8.49%.
Super Micro Computer Inc (SMCI) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Computer Hardware Industry. The insider ownership of Super Micro Computer Inc is 14.43%, while institutional ownership is 52.03%. The most recent insider transaction that took place on Jun 03 ’24, was worth 240,600. In this transaction Director of this company sold 300 shares at a rate of $802.00, taking the stock ownership to the 18,887 shares. Before that another transaction happened on May 30 ’24, when Company’s Director sold 500 for $839.17, making the entire transaction worth $419,586. This insider now owns 27,813 shares in total.
Super Micro Computer Inc (SMCI) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 19.56% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 21.99% during the next five years compared to 70.58% growth over the previous five years of trading.
Super Micro Computer Inc (NASDAQ: SMCI) Trading Performance Indicators
Here are Super Micro Computer Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.93. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.88.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.99, a number that is poised to hit 0.54 in the next quarter and is forecasted to reach 3.60 in one year’s time.
Technical Analysis of Super Micro Computer Inc (SMCI)
Analysing the last 5-days average volume posted by the [Super Micro Computer Inc, SMCI], we can find that recorded value of 138.64 million was better than the volume posted last year of 55.21 million. As of the previous 9 days, the stock’s Stochastic %D was 88.90%. Additionally, its Average True Range was 3.54.
During the past 100 days, Super Micro Computer Inc’s (SMCI) raw stochastic average was set at 91.91%, which indicates a significant decrease from 98.80% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 107.53% in the past 14 days, which was lower than the 136.44% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $34.37, while its 200-day Moving Average is $53.63. Now, the first resistance to watch is $49.78. This is followed by the second major resistance level at $51.64. The third major resistance level sits at $55.11. If the price goes on to break the first support level at $44.45, it is likely to go to the next support level at $40.98. Should the price break the second support level, the third support level stands at $39.12.
Super Micro Computer Inc (NASDAQ: SMCI) Key Stats
With a market capitalization of 28.05 billion, the company has a total of 585,565K Shares Outstanding. Currently, annual sales are 14,943 M while annual income is 1,208 M. The company’s previous quarter sales were 5,308 M while its latest quarter income was 352,730 K.
