Corsair Gaming Inc (CRSR) distance from 200-day Simple Moving Average is $8.33: Right on the Precipice

As on Wednesday, Corsair Gaming Inc (NASDAQ: CRSR) got off with the flyer as it spiked 2.29% to $12.51, before settling in for the price of $12.23 at the close. Taking a more long-term approach, CRSR posted a 52-week range of $5.59-$13.54.

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The Technology Sector giants’ yearly sales growth during the last 5-year period was 8.74%. Meanwhile, its Annual Earning per share during the time was -59.79%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 1826.51%. This publicly-traded company’s shares outstanding now amounts to $104.70 million, simultaneously with a float of $44.84 million. The organization now has a market capitalization sitting at $1.31 billion. At the time of writing, stock’s 50-day Moving Average stood at $8.37, while the 200-day Moving Average is $8.33.

Corsair Gaming Inc (CRSR) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Computer Hardware industry. Corsair Gaming Inc’s current insider ownership accounts for 57.17%, in contrast to 33.19% institutional ownership. According to the most recent insider trade that took place on Jul 05 ’24, this organization’s Chief Financial Officer sold 1,947 shares at the rate of 10.33, making the entire transaction reach 20,113 in total value, affecting insider ownership by 70,412.

Corsair Gaming Inc (CRSR) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.03 per share during the current fiscal year.

Corsair Gaming Inc’s EPS increase for this current 12-month fiscal period is 1826.51% and is forecasted to reach 0.77 in the upcoming year.

Corsair Gaming Inc (NASDAQ: CRSR) Trading Performance Indicators

Let’s observe the current performance indicators for Corsair Gaming Inc (CRSR). It’s Quick Ratio in the last reported quarter now stands at 0.92. The Stock has managed to achieve an average true range (ATR) of 0.66. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.00. Similarly, its price to free cash flow for trailing twelve months is now 50.32.

In the same vein, CRSR’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.95, a figure that is expected to reach 0.12 in the next quarter, and analysts are predicting that it will be 0.77 at the market close of one year from today.

Technical Analysis of Corsair Gaming Inc (CRSR)

Through scrutinizing the latest numbers posted by the [Corsair Gaming Inc, CRSR], it can be observed that its last 5-days Average volume of 2.37 million was better the volume of 1.21 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 90.92% While, its Average True Range was 0.74.

Raw Stochastic average of Corsair Gaming Inc (CRSR) in the period of the previous 100 days is set at 95.74%, which indicates a major rise in contrast to 92.95% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 98.15% that was higher than 61.97% volatility it exhibited in the past 100-days period.