Aviat Networks Inc (NASDAQ: AVNW) kicked off on Friday, down -3.09% from the previous trading day, before settling in for the closing price of $23.29. Over the past 52 weeks, AVNW has traded in a range of $12.95-$38.85.
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A company in the Technology sector has jumped its sales by 11.09% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded -65.19%. With a float of $11.35 million, this company’s outstanding shares have now reached $12.50 million.
In an organization with 913 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 31.64%, operating margin of 0.2%, and the pretax margin is -0.98%.
Aviat Networks Inc (AVNW) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Communication Equipment Industry. The insider ownership of Aviat Networks Inc is 10.52%, while institutional ownership is 73.98%. The most recent insider transaction that took place on Nov 27 ’24, was worth 14,265. In this transaction Director of this company bought 900 shares at a rate of $15.85, taking the stock ownership to the 13,285 shares. Before that another transaction happened on Nov 08 ’24, when Company’s Director bought 1,400 for $13.95, making the entire transaction worth $19,530. This insider now owns 22,561 shares in total.
Aviat Networks Inc (AVNW) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.9 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -65.19% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.03% during the next five years compared to -0.07% drop over the previous five years of trading.
Aviat Networks Inc (NASDAQ: AVNW) Trading Performance Indicators
Take a look at Aviat Networks Inc’s (AVNW) current performance indicators. Last quarter, stock had a quick ratio of 1.37. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.66. Likewise, its price to free cash flow for the trailing twelve months is 35.78.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.29, a number that is poised to hit 0.25 in the next quarter and is forecasted to reach 3.04 in one year’s time.
Technical Analysis of Aviat Networks Inc (AVNW)
Let’s dig in a bit further. During the last 5-days, its volume was 0.27 million. That was better than the volume of 0.22 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 30.75%. Additionally, its Average True Range was 1.29.
During the past 100 days, Aviat Networks Inc’s (AVNW) raw stochastic average was set at 69.30%, which indicates a significant increase from 51.26% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 115.88% in the past 14 days, which was higher than the 93.32% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $19.49, while its 200-day Moving Average is $23.63. However, in the short run, Aviat Networks Inc’s stock first resistance to watch stands at $23.50. Second resistance stands at $24.43. The third major resistance level sits at $24.99. If the price goes on to break the first support level at $22.01, it is likely to go to the next support level at $21.44. The third support level lies at $20.51 if the price breaches the second support level.
Aviat Networks Inc (NASDAQ: AVNW) Key Stats
The company with the Market Capitalisation of 286.28 million has total of 12,684K Shares Outstanding. Its annual sales at the moment are 408,080 K in contrast with the sum of 10,760 K annual income. Company’s last quarter sales were recorded 118,200 K and last quarter income was 4,500 K.
