MakeMyTrip Ltd (NASDAQ: MMYT) on Friday, soared 4.54% from the previous trading day, before settling in for the closing price of $94.32. Within the past 52 weeks, MMYT’s price has moved between $81.84 and $123.00.
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The company achieved an average annual earnings per share of 72.92%. With a float of $68.95 million, this company’s outstanding shares have now reached $71.36 million.
The extent of productivity of a business whose workforce counts for 5122 workers is very important to gauge. In terms of profitability, gross margin is 63.97%, operating margin of 13.17%, and the pretax margin is 12.37%.
MakeMyTrip Ltd (MMYT) Insider Updates
Observing investor behavior towards Travel Services industry stocks is more important than anything else. The insider ownership of MakeMyTrip Ltd is 27.54%, while institutional ownership is 84.83%. The most recent insider transaction that took place on May 27 ’25, was worth 210,000. Before that another transaction happened on Feb 04 ’25, when Company’s Officer proposed sale 20,000 for $118.89, making the entire transaction worth $2,377,900.
MakeMyTrip Ltd (MMYT) Performance Highlights and Predictions
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.36 earnings per share (EPS) for the period topping the consensus outlook (set at 0.34) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.57 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 72.92% per share during the next fiscal year.
MakeMyTrip Ltd (NASDAQ: MMYT) Trading Performance Indicators
MakeMyTrip Ltd (MMYT) is currently performing well based on its current performance indicators. A quick ratio of 1.15 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 9.45.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.86, a number that is poised to hit 0.25 in the next quarter and is forecasted to reach 1.87 in one year’s time.
Technical Analysis of MakeMyTrip Ltd (MMYT)
The latest stats from [MakeMyTrip Ltd, MMYT] show that its last 5-days average volume of 0.69 million was inferior to 1.04 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 72.36%.
During the past 100 days, MakeMyTrip Ltd’s (MMYT) raw stochastic average was set at 47.48%, which indicates a significant decrease from 64.77% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 2.90 in the past 14 days, which was lower than the 3.81 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $96.12, while its 200-day Moving Average is $102.81. Now, the first resistance to watch is $101.08. This is followed by the second major resistance level at $103.56. The third major resistance level sits at $106.78. If the price goes on to break the first support level at $95.38, it is likely to go to the next support level at $92.15. Assuming the price breaks the second support level, the third support level stands at $89.68.
MakeMyTrip Ltd (NASDAQ: MMYT) Key Stats
Market capitalization of the company is 9.38 billion based on 111,262K outstanding shares. Right now, sales total 978,340 K and income totals 95,100 K. The company made 268,850 K in profit during its latest quarter, and 25,920 K in sales during its previous quarter.
