Cantaloupe Inc (NASDAQ: CTLP) on Tuesday, soared 0.09% from the previous trading day, before settling in for the closing price of $11.02. Within the past 52 weeks, CTLP’s price has moved between $5.82 and $11.36.
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The company achieved an average annual earnings per share of 480.00%. With a float of $66.16 million, this company’s outstanding shares have now reached $73.04 million.
In an organization with 359 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 40.33%, operating margin of 7.08%, and the pretax margin is 6.6%.
Cantaloupe Inc (CTLP) Insider and Institutional Ownership
Observing investor behavior towards Information Technology Services industry stocks is more important than anything else. The insider ownership of Cantaloupe Inc is 9.67%, while institutional ownership is 75.78%. 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) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 480.00% per share during the next fiscal year.
Cantaloupe Inc (NASDAQ: CTLP) Trading Performance Indicators
Cantaloupe Inc (CTLP) is currently performing well based on its current performance indicators. A quick ratio of 1.21 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 2.76. Likewise, its price to free cash flow for the trailing twelve months is 107.78.
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 0.46 in one year’s time.
Technical Analysis of Cantaloupe Inc (CTLP)
Let’s dig in a bit further. During the last 5-days, its volume was 1.0 million. That was better than the volume of 0.94 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 31.31%.
During the past 100 days, Cantaloupe Inc’s (CTLP) raw stochastic average was set at 92.41%, which indicates a significant increase from 50.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.04 in the past 14 days, which was lower than the 0.35 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $9.55, while its 200-day Moving Average is $8.96. However, in the short run, Cantaloupe Inc’s stock first resistance to watch stands at $11.05. Second resistance stands at $11.06. The third major resistance level sits at $11.08. If the price goes on to break the first support level at $11.02, it is likely to go to the next support level at $11.00. The third support level lies at $10.99 if the price breaches the second support level.
Cantaloupe Inc (NASDAQ: CTLP) Key Stats
Market capitalization of the company is 808.36 million based on 73,058K outstanding shares. Right now, sales total 268,600 K and income totals 11,990 K. The company made 75,430 K in profit during its latest quarter, and 49,160 K in sales during its previous quarter.
