Chegg Inc (NYSE: CHGG) on Tuesday, plunged -13.19% from the previous trading day, before settling in for the closing price of $1.44. Within the past 52 weeks, CHGG’s price has moved between $0.44 and $2.72.
Annual sales at Consumer Defensive sector company slipped by -151.46% over the past five years. The company achieved an average annual earnings per share of -103.11%. With a float of $101.01 million, this company’s outstanding shares have now reached $107.82 million.
Chegg Inc (CHGG) Insider Updates
Observing investor behavior towards Education & Training Services industry stocks is more important than anything else. The insider ownership of Chegg Inc is 6.76%, while institutional ownership is 48.07%. The most recent insider transaction that took place on Jun 06 ’25, was worth 39,554. In this transaction Director of this company sold 27,973 shares at a rate of $1.41, taking the stock ownership to the 85,742 shares. Before that another transaction happened on Jun 06 ’25, when Company’s Director proposed sale 27,973 for $1.41, making the entire transaction worth $39,559.
Chegg Inc (CHGG) Performance Highlights and Predictions
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.09 earnings per share (EPS) for the period topping the consensus outlook (set at 0.07) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.01 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -103.11% per share during the next fiscal year.
Chegg Inc (NYSE: CHGG) Trading Performance Indicators
Chegg Inc (CHGG) is currently performing well based on its current performance indicators. A quick ratio of 0.90 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 0.27. Likewise, its price to free cash flow for the trailing twelve months is 4.19.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.61, a number that is poised to hit -0.06 in the next quarter and is forecasted to reach 0.09 in one year’s time.
Technical Analysis of Chegg Inc (CHGG)
Chegg Inc (NYSE: CHGG) saw its 5-day average volume 3.07 million, a negative change from its year-to-date volume of 3.43 million. As of the previous 9 days, the stock’s Stochastic %D was 67.35%.
During the past 100 days, Chegg Inc’s (CHGG) raw stochastic average was set at 27.78%, which indicates a significant decrease from 29.46% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.1160 in the past 14 days, which was lower than the 0.1417 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.4412, while its 200-day Moving Average is $1.1945. Nevertheless, the first resistance level for the watch stands at $1.3900 in the near term. At $1.5300, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.6500. If the price goes on to break the first support level at $1.1300, it is likely to go to the next support level at $1.0100. Assuming the price breaks the second support level, the third support level stands at $0.8700.
Chegg Inc (NYSE: CHGG) Key Stats
Market capitalization of the company is 135.41 million based on 108,327K outstanding shares. Right now, sales total 617,570 K and income totals -837,070 K. The company made 105,120 K in profit during its latest quarter, and -35,660 K in sales during its previous quarter.
