A new trading day began on Friday, with Cantaloupe Inc (NASDAQ: CTLP) stock price down -3.35% from the previous day of trading, before settling in for the closing price of $8.66. CTLP’s price has ranged from $5.82 to $11.36 over the past 52 weeks.
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Annual sales at Technology sector company grew by 13.21% over the past five years. Meanwhile, its annual earnings per share averaged 409.33%. With a float of $66.00 million, this company’s outstanding shares have now reached $73.04 million.
Let’s look at the performance matrix of the company that is accounted for 359 employees. In terms of profitability, gross margin is 29.62%, operating margin of 7.08%, and the pretax margin is 6.6%.
Cantaloupe Inc (CTLP) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Information Technology Services Industry. The insider ownership of Cantaloupe Inc is 9.67%, while institutional ownership is 75.88%. The most recent insider transaction that took place on Sep 27 ’24, was worth 44,520. In this transaction Director of this company bought 6,000 shares at a rate of $7.42, taking the stock ownership to the 97,319 shares. Before that another transaction happened on Sep 27 ’24, when Company’s Director bought 234,134 for $7.41, making the entire transaction worth $1,734,933. This insider now owns 426,319 shares in total.
Cantaloupe Inc (CTLP) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 409.33% per share during the next fiscal year.
Cantaloupe Inc (NASDAQ: CTLP) Trading Performance Indicators
Here are Cantaloupe Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.21. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.09. Likewise, its price to free cash flow for the trailing twelve months is 81.53.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.79, a number that is poised to hit 0.10 in the next quarter and is forecasted to reach 0.45 in one year’s time.
Technical Analysis of Cantaloupe Inc (CTLP)
Cantaloupe Inc (NASDAQ: CTLP) saw its 5-day average volume 0.43 million, a negative change from its year-to-date volume of 0.48 million. As of the previous 9 days, the stock’s Stochastic %D was 54.31%. Additionally, its Average True Range was 0.38.
During the past 100 days, Cantaloupe Inc’s (CTLP) raw stochastic average was set at 31.26%, which indicates a significant decrease from 59.38% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 41.43% in the past 14 days, which was lower than the 48.29% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.96, while its 200-day Moving Average is $8.40. Nevertheless, the first resistance level for the watch stands at $8.60 in the near term. At $8.83, the stock is likely to face the second major resistance level. The third major resistance level sits at $9.03. If the price goes on to break the first support level at $8.17, it is likely to go to the next support level at $7.97. Assuming the price breaks the second support level, the third support level stands at $7.74.
Cantaloupe Inc (NASDAQ: CTLP) Key Stats
With a market capitalization of 611.50 million, the company has a total of 73,058K Shares Outstanding. Currently, annual sales are 268,600 K while annual income is 11,990 K. The company’s previous quarter sales were 75,430 K while its latest quarter income was 49,160 K.
