WK Kellogg Co (KLG) 20 Days SMA touches -1.68%: The odds favor the bear

WK Kellogg Co (NYSE: KLG) kicked off on Tuesday, up 1.03% from the previous trading day, before settling in for the closing price of $17.55. Over the past 52 weeks, KLG has traded in a range of $14.80-$22.21.

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During the last 5-year period, the sales drop of Consumer Defensive Sector giant was -1.03%. While this was happening, its average annual earnings per share was recorded -12.35%. With a float of $62.42 million, this company’s outstanding shares have now reached $86.15 million.

Let’s determine the extent of company efficiency that accounts for 3280 employees. In terms of profitability, gross margin is 29.13%, operating margin of 3.38%, and the pretax margin is 2.36%.

WK Kellogg Co (KLG) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Packaged Foods Industry. The insider ownership of WK Kellogg Co is 27.64%, while institutional ownership is 81.39%. The most recent insider transaction that took place on Nov 15 ’24, was worth 946,082. In this transaction Director of this company bought 55,000 shares at a rate of $17.20, taking the stock ownership to the 250,000 shares. Before that another transaction happened on Nov 12 ’24, when Company’s Director bought 65,000 for $17.94, making the entire transaction worth $1,165,801. This insider now owns 65,000 shares in total.

WK Kellogg Co (KLG) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around -12.35% per share during the next fiscal year.

WK Kellogg Co (NYSE: KLG) Trading Performance Indicators

Take a look at WK Kellogg Co’s (KLG) current performance indicators. Last quarter, stock had a quick ratio of 0.34. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.57.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.64, a number that is poised to hit 0.38 in the next quarter and is forecasted to reach 1.66 in one year’s time.

Technical Analysis of WK Kellogg Co (KLG)

Looking closely at WK Kellogg Co (NYSE: KLG), its last 5-days average volume was 1.04 million, which is a jump from its year-to-date volume of 1.0 million. As of the previous 9 days, the stock’s Stochastic %D was 76.56%. Additionally, its Average True Range was 0.84.

During the past 100 days, WK Kellogg Co’s (KLG) raw stochastic average was set at 39.54%, which indicates a significant decrease from 72.35% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.56% in the past 14 days, which was lower than the 47.55% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $18.90, while its 200-day Moving Average is $18.11. However, in the short run, WK Kellogg Co’s stock first resistance to watch stands at $17.91. Second resistance stands at $18.09. The third major resistance level sits at $18.39. If the price goes on to break the first support level at $17.43, it is likely to go to the next support level at $17.13. Should the price break the second support level, the third support level stands at $16.95.

WK Kellogg Co (NYSE: KLG) Key Stats

The company with the Market Capitalisation of 1.53 billion has total of 86,263K Shares Outstanding. Its annual sales at the moment are 2,708 M in contrast with the sum of 72,000 K annual income. Company’s last quarter sales were recorded 663,000 K and last quarter income was 18,000 K.

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