On Monday, Reddit Inc (NYSE: RDDT) opened lower -2.09% from the last session, before settling in for the closing price of $96.16. Price fluctuations for RDDT have ranged from $37.35 to $230.41 over the past 52 weeks.
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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. Company’s average yearly earnings per share was noted 132.52% at the time writing. With a float of $110.30 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 and Institutional Ownership
A key investor’s attitude towards the stock of the Internet Content & Information industry is another important factor to consider. The insider ownership of Reddit Inc is 39.03%, while institutional ownership is 53.02%. The most recent insider transaction that took place on Apr 16 ’25, was worth 3,133,100. In this transaction Chief Operating Officer of this company sold 33,334 shares at a rate of $93.99, taking the stock ownership to the 1,466,119 shares. Before that another transaction happened on Apr 15 ’25, when Company’s CEO & President sold 124,408 for $96.65, making the entire transaction worth $12,024,331. This insider now owns 577,013 shares in total.
Reddit Inc (RDDT) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.13 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 132.52% per share during the next fiscal year.
Reddit Inc (NYSE: RDDT) Trading Performance Indicators
Check out the current performance indicators for Reddit Inc (RDDT). In the past quarter, the stock posted a quick ratio of 12.63. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 13.10. Likewise, its price to free cash flow for the trailing twelve months is 78.92.
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 2.18 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 3.53 million. That was inferior than the volume of 7.4 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 41.00%. Additionally, its Average True Range was 10.45.
During the past 100 days, Reddit Inc’s (RDDT) raw stochastic average was set at 9.56%, which indicates a significant decrease from 42.17% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 128.94% in the past 14 days, which was higher than the 92.16% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $136.88, while its 200-day Moving Average is $115.07. However, in the short run, Reddit Inc’s stock first resistance to watch stands at $96.11. Second resistance stands at $98.08. The third major resistance level sits at $100.74. If the price goes on to break the first support level at $91.48, it is likely to go to the next support level at $88.82. The third support level lies at $86.85 if the price breaches the second support level.
Reddit Inc (NYSE: RDDT) Key Stats
There are currently 180,904K shares outstanding in the company with a market cap of 17.03 billion. Presently, the company’s annual sales total 1,300 M according to its annual income of -484,280 K. Last quarter, the company’s sales amounted to 427,710 K and its income totaled 71,040 K.
