N-able Inc (NABL) 20 Days SMA touches 9.31%: The odds favor the bear

On Friday, N-able Inc (NYSE: NABL) opened lower -0.40% from the last session, before settling in for the closing price of $7.55. Price fluctuations for NABL have ranged from $6.07 to $15.48 over the past 52 weeks.

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Technology Sector giant saw their annual sales surged by 12.12% over the last five years. Company’s average yearly earnings per share was noted -25.69% at the time writing. With a float of $66.98 million, this company’s outstanding shares have now reached $189.06 million.

The firm has a total of 1773 workers. Let’s measure their productivity. In terms of profitability, gross margin is 82.69%, operating margin of 16.41%, and the pretax margin is 11.64%.

N-able Inc (NABL) Insider Activity

A key investor’s attitude towards the stock of the Information Technology Services industry is another important factor to consider. The insider ownership of N-able Inc is 64.57%, while institutional ownership is 34.28%. The most recent insider transaction that took place on Aug 29 ’24, was worth 208,640. In this transaction EVP, GC, Secretary of this company sold 16,000 shares at a rate of $13.04, taking the stock ownership to the 322,774 shares. Before that another transaction happened on Aug 29 ’24, when Company’s Officer proposed sale 16,000 for $13.10, making the entire transaction worth $209,600.

N-able Inc (NABL) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around -25.69% per share during the next fiscal year.

N-able Inc (NYSE: NABL) Trading Performance Indicators

Check out the current performance indicators for N-able Inc (NABL). In the past quarter, the stock posted a quick ratio of 1.20. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.02. Likewise, its price to free cash flow for the trailing twelve months is 18.33.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.09, a number that is poised to hit 0.09 in the next quarter and is forecasted to reach 0.45 in one year’s time.

Technical Analysis of N-able Inc (NABL)

Analysing the last 5-days average volume posted by the [N-able Inc, NABL], we can find that recorded value of 1.49 million was better than the volume posted last year of 1.08 million. As of the previous 9 days, the stock’s Stochastic %D was 64.10%. Additionally, its Average True Range was 0.30.

During the past 100 days, N-able Inc’s (NABL) raw stochastic average was set at 33.43%, which indicates a significant decrease from 75.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.54% in the past 14 days, which was lower than the 65.23% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $7.16, while its 200-day Moving Average is $10.33. Now, the first resistance to watch is $7.65. This is followed by the second major resistance level at $7.78. The third major resistance level sits at $7.86. If the price goes on to break the first support level at $7.45, it is likely to go to the next support level at $7.37. Should the price break the second support level, the third support level stands at $7.24.

N-able Inc (NYSE: NABL) Key Stats

There are currently 188,957K shares outstanding in the company with a market cap of 1.42 billion. Presently, the company’s annual sales total 466,150 K according to its annual income of 30,960 K. Last quarter, the company’s sales amounted to 116,510 K and its income totaled 3,290 K.