Azenta Inc (AZTA) kicked off at the price of $28.36: Venture capitalists have an exciting new opportunity

Azenta Inc (NASDAQ: AZTA) on Tuesday, soared 6.50% from the previous trading day, before settling in for the closing price of $26.63. Within the past 52 weeks, AZTA’s price has moved between $23.91 and $63.58.

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Over the past five-year period, the drop rate of yearbook sales for the company of the Healthcare sector was -3.41%. The company achieved an average annual earnings per share of 4.88%. With a float of $44.83 million, this company’s outstanding shares have now reached $45.78 million.

Considering the fact that the conglomerate employs 3300 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 43.08%, operating margin of -8.18%, and the pretax margin is -4.83%.

Azenta Inc (AZTA) Breakdown of a Key Holders of the stock

Observing investor behavior towards Medical Instruments & Supplies industry stocks is more important than anything else. The insider ownership of Azenta Inc is 2.08%, while institutional ownership is 116.16%. The most recent insider transaction that took place on Feb 03 ’25, was worth 16,791. In this transaction VP, Chief Accounting Officer of this company sold 317 shares at a rate of $52.97, taking the stock ownership to the 9,603 shares. Before that another transaction happened on Jan 31 ’25, when Company’s SVP and General Manager, Genom bought 417 for $45.88, making the entire transaction worth $19,132. This insider now owns 27,916 shares in total.

Azenta Inc (AZTA) Recent Fiscal highlights

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.19 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 4.88% per share during the next fiscal year.

Azenta Inc (NASDAQ: AZTA) Trading Performance Indicators

Azenta Inc (AZTA) is currently performing well based on its current performance indicators. A quick ratio of 2.84 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.05. Likewise, its price to free cash flow for the trailing twelve months is 50.13.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.41, a number that is poised to hit 0.13 in the next quarter and is forecasted to reach 0.81 in one year’s time.

Technical Analysis of Azenta Inc (AZTA)

Compared to the last year’s volume of 0.75 million, its volume of 0.8 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 43.66%. Additionally, its Average True Range was 1.42.

During the past 100 days, Azenta Inc’s (AZTA) raw stochastic average was set at 14.03%, which indicates a significant decrease from 90.64% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 47.07% in the past 14 days, which was lower than the 58.85% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $28.45, while its 200-day Moving Average is $42.19. Nevertheless, the first resistance level for the watch stands at $29.23 in the near term. At $30.09, the stock is likely to face the second major resistance level. The third major resistance level sits at $31.58. If the price goes on to break the first support level at $26.88, it is likely to go to the next support level at $25.39. Now, if the price goes above the second support level, the third support stands at $24.53.

Azenta Inc (NASDAQ: AZTA) Key Stats

Market capitalization of the company is 1.30 billion based on 45,780K outstanding shares. Right now, sales total 656,320 K and income totals -164,170 K. The company made 143,420 K in profit during its latest quarter, and -40,460 K in sales during its previous quarter.

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