Reddit Inc (NYSE: RDDT) on Monday, soared 7.01% from the previous trading day, before settling in for the closing price of $86.91. Within the past 52 weeks, RDDT’s price has moved between $37.35 and $230.41.
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A company in the Communication Services sector has jumped its sales by 57.91% annually for the last half of the decade. The company achieved an average annual earnings per share of 134.45%. With a float of $110.31 million, this company’s outstanding shares have now reached $125.00 million.
In an organization with 2233 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 90.49%, operating margin of -43.11%, and the pretax margin is -37.32%.
Reddit Inc (RDDT) Insider Updates
Observing investor behavior towards Internet Content & Information industry stocks is more important than anything else. The insider ownership of Reddit Inc is 39.03%, while institutional ownership is 52.94%. The most recent insider transaction that took place on Mar 31 ’25, was worth 1,445,914. In this transaction CEO & President of this company sold 14,000 shares at a rate of $103.28, taking the stock ownership to the 577,013 shares. Before that another transaction happened on Mar 24 ’25, when Company’s Chief Financial Officer sold 100,000 for $124.08, making the entire transaction worth $12,407,769. This insider now owns 499,295 shares in total.
Reddit Inc (RDDT) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 134.45% per share during the next fiscal year.
Reddit Inc (NYSE: RDDT) Trading Performance Indicators
Reddit Inc (RDDT) is currently performing well based on its current performance indicators. A quick ratio of 12.63 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 12.94. Likewise, its price to free cash flow for the trailing twelve months is 77.95.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.02, a number that is poised to hit 0.02 in the next quarter and is forecasted to reach 2.26 in one year’s time.
Technical Analysis of Reddit Inc (RDDT)
Let’s dig in a bit further. During the last 5-days, its volume was 10.71 million. That was better than the volume of 7.62 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 15.95%. Additionally, its Average True Range was 12.34.
During the past 100 days, Reddit Inc’s (RDDT) raw stochastic average was set at 8.79%, which indicates a significant decrease from 27.88% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 96.51% in the past 14 days, which was higher than the 88.59% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $155.84, while its 200-day Moving Average is $113.47. However, in the short run, Reddit Inc’s stock first resistance to watch stands at $100.08. Second resistance stands at $107.17. The third major resistance level sits at $117.33. If the price goes on to break the first support level at $82.83, it is likely to go to the next support level at $72.67. Assuming the price breaks the second support level, the third support level stands at $65.58.
Reddit Inc (NYSE: RDDT) Key Stats
Market capitalization of the company is 16.82 billion based on 180,904K outstanding shares. Right now, sales total 1,300 M and income totals -484,280 K. The company made 427,710 K in profit during its latest quarter, and 71,040 K in sales during its previous quarter.
