On Friday, Cantaloupe Inc (NASDAQ: CTLP) was -1.62% drop from the session before settling in for the closing price of $11.08. A 52-week range for CTLP has been $5.82 – $11.36.
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When this article was written, the company’s average yearly earnings per share was at 480.00%. With a float of $67.76 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 Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Cantaloupe Inc stocks. The insider ownership of Cantaloupe Inc is 9.67%, while institutional ownership is 67.97%. 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
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 0.04 earnings per share (EPS) during the time that was less than consensus figure (set at 0.05) by -0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.07 per share during the current fiscal year.
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
You can see what Cantaloupe Inc (CTLP) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.21. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.73. Likewise, its price to free cash flow for the trailing twelve months is 106.51.
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 2.51 million. That was better than the volume of 1.08 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 38.62%.
During the past 100 days, Cantaloupe Inc’s (CTLP) raw stochastic average was set at 93.73%, which indicates a significant increase from 4.65% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.03 in the past 14 days, which was lower than the 0.27 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.56, while its 200-day Moving Average is $9.21. However, in the short run, Cantaloupe Inc’s stock first resistance to watch stands at $10.97. Second resistance stands at $11.05. The third major resistance level sits at $11.09. If the price goes on to break the first support level at $10.86, it is likely to go to the next support level at $10.82. Assuming the price breaks the second support level, the third support level stands at $10.74.
Cantaloupe Inc (NASDAQ: CTLP) Key Stats
There are 73,289K outstanding shares of the company, which has a market capitalization of 798.85 million. As of now, sales total 268,600 K while income totals 11,990 K. Its latest quarter income was 75,430 K while its last quarter net income were 49,160 K.
