Cantaloupe Inc (CTLP) volume exceeds 2.39 million: A new investment opportunity for investors

Cantaloupe Inc (NASDAQ: CTLP) kicked off on Tuesday, up 0.09% from the previous trading day, before settling in for the closing price of $11.08. Over the past 52 weeks, CTLP has traded in a range of $5.82-$11.36.

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While this was happening, its average annual earnings per share was recorded 480.00%. With a float of $66.20 million, this company’s outstanding shares have now reached $73.04 million.

The extent of productivity of a business whose workforce counts for 359 workers is very important to gauge. 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 Updates

Our next focus will be how large-scale investors are participating in this stock of the Information Technology Services Industry. The insider ownership of Cantaloupe Inc is 9.67%, while institutional ownership is 75.55%. 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 480.00% per share during the next fiscal year.

Cantaloupe Inc (NASDAQ: CTLP) Trading Performance Indicators

Take a look at Cantaloupe Inc’s (CTLP) current performance indicators. Last quarter, 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 2.78. Likewise, its price to free cash flow for the trailing twelve months is 108.37.

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)

The latest stats from [Cantaloupe Inc, CTLP] show that its last 5-days average volume of 2.31 million was superior to 0.99 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 55.56%.

During the past 100 days, Cantaloupe Inc’s (CTLP) raw stochastic average was set at 98.31%, which indicates a significant increase from 57.58% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.05 in the past 14 days, which was lower than the 0.32 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $9.84, while its 200-day Moving Average is $9.05. Now, the first resistance to watch is $11.10. This is followed by the second major resistance level at $11.11. The third major resistance level sits at $11.12. If the price goes on to break the first support level at $11.08, it is likely to go to the next support level at $11.07. Assuming the price breaks the second support level, the third support level stands at $11.06.

Cantaloupe Inc (NASDAQ: CTLP) Key Stats

The company with the Market Capitalisation of 812.75 million has total of 73,058K Shares Outstanding. Its annual sales at the moment are 268,600 K in contrast with the sum of 11,990 K annual income. Company’s last quarter sales were recorded 75,430 K and last quarter income was 49,160 K.

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