A new trading day began on Monday, with Kornit Digital Ltd (NASDAQ: KRNT) stock price up 6.83% from the previous day of trading, before settling in for the closing price of $14.21. KRNT’s price has ranged from $12.78 to $34.28 over the past 52 weeks.
Meanwhile, its annual earnings per share averaged 1.71%. With a float of $45.32 million, this company’s outstanding shares have now reached $45.33 million.
Kornit Digital Ltd (KRNT) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Specialty Industrial Machinery Industry. The insider ownership of Kornit Digital Ltd is 0.02%, while institutional ownership is 100.10%. The most recent insider transaction that took place on Feb 14 ’25, was worth 604,192. Before that another transaction happened on Dec 16 ’24, when Company’s Director proposed sale 6,170 for $32.10, making the entire transaction worth $198,057.
Kornit Digital Ltd (KRNT) Latest Financial update
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 0.11 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.14 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 1.71% per share during the next fiscal year.
Kornit Digital Ltd (NASDAQ: KRNT) Trading Performance Indicators
Here are Kornit Digital Ltd’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 11.64. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.31. Likewise, its price to free cash flow for the trailing twelve months is 24.79.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.25, a number that is poised to hit 0.02 in the next quarter and is forecasted to reach 0.30 in one year’s time.
Technical Analysis of Kornit Digital Ltd (KRNT)
The latest stats from [Kornit Digital Ltd, KRNT] show that its last 5-days average volume of 0.32 million was inferior to 0.33 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 77.37%.
During the past 100 days, Kornit Digital Ltd’s (KRNT) raw stochastic average was set at 22.83%, which indicates a significant decrease from 95.48% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.66 in the past 14 days, which was lower than the 0.72 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $14.42, while its 200-day Moving Average is $20.01. Now, the first resistance to watch is $15.55. This is followed by the second major resistance level at $15.92. The third major resistance level sits at $16.56. If the price goes on to break the first support level at $14.54, it is likely to go to the next support level at $13.90. The third support level lies at $13.53 if the price breaches the second support level.
Kornit Digital Ltd (NASDAQ: KRNT) Key Stats
With a market capitalization of 688.07 million, the company has a total of 44,795K Shares Outstanding. Currently, annual sales are 203,830 K while annual income is -16,800 K. The company’s previous quarter sales were 49,750 K while its latest quarter income was -7,520 K.
