Marketwise Inc (NASDAQ: MKTW) kicked off on Monday, down -5.13% from the previous trading day, before settling in for the closing price of $0.73. Over the past 52 weeks, MKTW has traded in a range of $0.44-$2.02.
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Annual sales at Financial sector company grew by 5.69% over the past five years. While this was happening, its average annual earnings per share was recorded 48.76%. With a float of $28.54 million, this company’s outstanding shares have now reached $39.56 million.
Let’s look at the performance matrix of the company that is accounted for 439 employees. In terms of profitability, gross margin is 87.27%, operating margin of 21.77%, and the pretax margin is 23.58%.
Marketwise Inc (MKTW) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Financial Data & Stock Exchanges Industry. The insider ownership of Marketwise Inc is 36.59%, while institutional ownership is 23.72%. The most recent insider transaction that took place on Sep 17 ’24, was worth 7,519. In this transaction Director of this company bought 10,764 shares at a rate of $0.70, taking the stock ownership to the 24,038 shares. Before that another transaction happened on Sep 18 ’24, when Company’s Director bought 5,000 for $0.70, making the entire transaction worth $3,500. This insider now owns 255,812 shares in total.
Marketwise Inc (MKTW) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 48.76% per share during the next fiscal year.
Marketwise Inc (NASDAQ: MKTW) Trading Performance Indicators
Take a look at Marketwise Inc’s (MKTW) current performance indicators. Last quarter, stock had a quick ratio of 0.43. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.55.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.18 and is forecasted to reach 0.26 in one year’s time.
Technical Analysis of Marketwise Inc (MKTW)
Marketwise Inc (NASDAQ: MKTW) saw its 5-day average volume 1.08 million, a positive change from its year-to-date volume of 0.68 million. As of the previous 9 days, the stock’s Stochastic %D was 45.31%. Additionally, its Average True Range was 0.07.
During the past 100 days, Marketwise Inc’s (MKTW) raw stochastic average was set at 51.12%, which indicates a significant increase from 35.45% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 117.52% in the past 14 days, which was higher than the 95.10% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.6060, while its 200-day Moving Average is $0.7851. Nevertheless, the first resistance level for the watch stands at $0.7443 in the near term. At $0.7980, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.8629. If the price goes on to break the first support level at $0.6257, it is likely to go to the next support level at $0.5608. Assuming the price breaks the second support level, the third support level stands at $0.5071.
Marketwise Inc (NASDAQ: MKTW) Key Stats
The company with the Market Capitalisation of 224.07 million has total of 324,323K Shares Outstanding. Its annual sales at the moment are 448,180 K in contrast with the sum of 1,780 K annual income. Company’s last quarter sales were recorded 97,190 K and last quarter income was 1,720 K.
