On Friday, Cineverse Corp (NASDAQ: CNVS) opened lower -13.41% from the last session, before settling in for the closing price of $5.89. Price fluctuations for CNVS have ranged from $0.71 to $7.39 over the past 52 weeks.
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Company’s average yearly earnings per share was noted -75.00% at the time writing. With a float of $14.31 million, this company’s outstanding shares have now reached $17.11 million.
Let’s look at the performance matrix of the company that is accounted for 218 employees. In terms of profitability, gross margin is 49.3%, operating margin of 10.17%, and the pretax margin is 4.95%.
Cineverse Corp (CNVS) Insider Updates
A key investor’s attitude towards the stock of the Entertainment industry is another important factor to consider. The insider ownership of Cineverse Corp is 16.34%, while institutional ownership is 18.24%. The most recent insider transaction that took place on Feb 24 ’25, was worth 79,200. In this transaction Director of this company sold 20,000 shares at a rate of $3.96, taking the stock ownership to the 245,548 shares. Before that another transaction happened on Feb 24 ’25, when Company’s Officer proposed sale 20,000 for $4.61, making the entire transaction worth $92,200.
Cineverse Corp (CNVS) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted -0.09 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -0.08) by -0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -75.00% per share during the next fiscal year.
Cineverse Corp (NASDAQ: CNVS) Trading Performance Indicators
Check out the current performance indicators for Cineverse Corp (CNVS). In the past quarter, the stock posted a quick ratio of 0.99. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.21. Likewise, its price to free cash flow for the trailing twelve months is 25.40.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.13, a number that is poised to hit 0.00 in the next quarter
Technical Analysis of Cineverse Corp (CNVS)
Cineverse Corp (NASDAQ: CNVS) saw its 5-day average volume 0.36 million, a positive change from its year-to-date volume of 0.2 million. As of the previous 9 days, the stock’s Stochastic %D was 64.88%.
During the past 100 days, Cineverse Corp’s (CNVS) raw stochastic average was set at 55.53%, which indicates a significant increase from 32.46% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.45 in the past 14 days, which was higher than the 0.31 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.27, while its 200-day Moving Average is $3.89. Nevertheless, the first resistance level for the watch stands at $5.54 in the near term. At $5.98, the stock is likely to face the second major resistance level. The third major resistance level sits at $6.47. If the price goes on to break the first support level at $4.60, it is likely to go to the next support level at $4.11. Assuming the price breaks the second support level, the third support level stands at $3.67.
Cineverse Corp (NASDAQ: CNVS) Key Stats
There are currently 17,108K shares outstanding in the company with a market cap of 97.28 million. Presently, the company’s annual sales total 78,180 K according to its annual income of 3,600 K. Last quarter, the company’s sales amounted to 15,580 K and its income totaled 850 K.
