Pure Storage Inc (NYSE: PSTG) open the trading on Wednesday, with great promise as it jumped 4.17% to $52.20, before settling in for the price of $50.11 at the close. Taking a more long-term approach, PSTG posted a 52-week range of $44.76-$73.67.
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In the past 5-years timespan, the Technology sector firm’s annual sales growth was 14.59%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -0.65%. This publicly-traded company’s shares outstanding now amounts to $326.24 million, simultaneously with a float of $308.45 million. The organization now has a market capitalization sitting at $17.03 billion. At the time of writing, stock’s 50-day Moving Average stood at $64.72, while the 200-day Moving Average is $59.06.
Pure Storage Inc (PSTG) Ownership Facts and Figures
Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Computer Hardware industry. Pure Storage Inc’s current insider ownership accounts for 5.45%, in contrast to 85.04% institutional ownership. According to the most recent insider trade that took place on Dec 31 ’24, this organization’s Chief Product Officer sold 19,972 shares at the rate of 61.58, making the entire transaction reach 1,229,876 in total value, affecting insider ownership by 262,144.
Pure Storage Inc (PSTG) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.39 per share during the current fiscal year.
Pure Storage Inc’s EPS decrease for this current 12-month fiscal period is -0.65% and is forecasted to reach 2.20 in the upcoming year.
Pure Storage Inc (NYSE: PSTG) Trading Performance Indicators
Let’s observe the current performance indicators for Pure Storage Inc (PSTG). It’s Quick Ratio in the last reported quarter now stands at 1.52. The Stock has managed to achieve an average true range (ATR) of 3.27. Alongside those numbers, its PE Ratio stands at $172.73, and its Beta score is 1.03. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 5.38. Similarly, its price to free cash flow for trailing twelve months is now 32.35.
In the same vein, PSTG’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.30, a figure that is expected to reach 0.25 in the next quarter, and analysts are predicting that it will be 2.20 at the market close of one year from today.
Technical Analysis of Pure Storage Inc (PSTG)
[Pure Storage Inc, PSTG] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 11.31% While, its Average True Range was 3.52.
Raw Stochastic average of Pure Storage Inc (PSTG) in the period of the previous 100 days is set at 24.72%, which indicates a major rise in contrast to 21.02% 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 74.12% that was higher than 60.67% volatility it exhibited in the past 100-days period.
