Alkami Technology Inc (ALKT) went up 10.56% yesterday: Is this the Most Sought-After Stock Today?

Witnessing the stock’s movement on the chart, on Wednesday, Alkami Technology Inc (NASDAQ: ALKT) set off with pace as it heaved 10.56% to $24.92, before settling in for the price of $22.54 at the close. Taking a more long-term approach, ALKT posted a 52-week range of $21.70-$42.29.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

It was noted that the giant of the Technology sector posted annual sales growth of 35.63% over the last 5 years. Meanwhile, its Annual Earning per share during the time was 4.24%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 88.49%. This publicly-traded company’s shares outstanding now amounts to $102.09 million, simultaneously with a float of $65.11 million. The organization now has a market capitalization sitting at $2.55 billion. At the time of writing, stock’s 50-day Moving Average stood at $29.19, while the 200-day Moving Average is $33.03.

Alkami Technology Inc (ALKT) Ownership Facts and Figures

Nothing is more important than checking the behaviour of major investors towards the stock of the Software – Application industry. Alkami Technology Inc’s current insider ownership accounts for 36.31%, in contrast to 61.87% institutional ownership. According to the most recent insider trade that took place on Mar 10 ’25, this organization’s Chief Executive Officer sold 35,408 shares at the rate of 24.28, making the entire transaction reach 859,706 in total value, affecting insider ownership by 1,031,485. Preceding that transaction, on Mar 03 ’25, Company’s Chief Legal Officer sold 4,358 for 30.41, making the whole transaction’s value amount to 132,527. This particular insider is now the holder of 244,404 in total.

Alkami Technology Inc (ALKT) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.07 per share during the current fiscal year.

Alkami Technology Inc’s EPS increase for this current 12-month fiscal period is 88.49% and is forecasted to reach 0.82 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 76.58% through the next 5 years, which can be compared against the 4.24% growth it accomplished over the previous five years trading on the market.

Alkami Technology Inc (NASDAQ: ALKT) Trading Performance Indicators

Let’s observe the current performance indicators for Alkami Technology Inc (ALKT). It’s Quick Ratio in the last reported quarter now stands at 3.69. The Stock has managed to achieve an average true range (ATR) of 1.50. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 7.63. Similarly, its price to free cash flow for trailing twelve months is now 149.51.

In the same vein, ALKT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.41, a figure that is expected to reach 0.09 in the next quarter, and analysts are predicting that it will be 0.82 at the market close of one year from today.

Technical Analysis of Alkami Technology Inc (ALKT)

Going through the that latest performance of [Alkami Technology Inc, ALKT]. Its last 5-days volume of 2.06 million indicated improvement to the volume of 1.13 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 31.29% While, its Average True Range was 1.66.

Raw Stochastic average of Alkami Technology Inc (ALKT) in the period of the previous 100 days is set at 15.64%, which indicates a major fall in contrast to 51.19% 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 63.99% that was higher than 48.83% volatility it exhibited in the past 100-days period.