Shutterstock Inc (SSTK) is 1.41% away from 50-day simple Moving Average despite all headwinds

Shaun Noe

Shutterstock Inc (NYSE: SSTK) kicked off on Monday, down -9.63% from the previous trading day, before settling in for the closing price of $25.03. Over the past 52 weeks, SSTK has traded in a range of $14.35-$38.80.

It was noted that within the last five years, the titan of the Communication Services sector saw sales topped by 12.26%. While this was happening, its average annual earnings per share was recorded 137.13%. With a float of $23.81 million, this company’s outstanding shares have now reached $35.29 million.

The extent of productivity of a business whose workforce counts for 1715 workers is very important to gauge.

Shutterstock Inc (SSTK) Insider and Institutional Ownership

Our next focus will be how large-scale investors are participating in this stock of the Internet Content & Information Industry. The insider ownership of Shutterstock Inc is 32.87%, while institutional ownership is 68.40%.

Shutterstock Inc (SSTK) Latest Financial update

In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 1.31 earnings per share (EPS), higher than consensus estimate (set at 1.13) by 0.18. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.17 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 137.13% per share during the next fiscal year.

Shutterstock Inc (NYSE: SSTK) Trading Performance Indicators

Take a look at Shutterstock Inc’s (SSTK) current performance indicators. Last quarter, stock had a quick ratio of 0.49. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.79. Likewise, its price to free cash flow for the trailing twelve months is 1707.28.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.80, a number that is poised to hit 0.59 in the next quarter and is forecasted to reach 2.21 in one year’s time.

Technical Analysis of Shutterstock Inc (SSTK)

The latest stats from [Shutterstock Inc, SSTK] show that its last 5-days average volume of 0.54 million was superior to 0.42 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 31.72%.

During the past 100 days, Shutterstock Inc’s (SSTK) raw stochastic average was set at 42.52%, which indicates a significant increase from 16.10% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 1.87 in the past 14 days, which was higher than the 0.97 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $22.31, while its 200-day Moving Average is $20.98. Now, the first resistance to watch is $23.86. This is followed by the second major resistance level at $25.10. The third major resistance level sits at $26.38. If the price goes on to break the first support level at $21.34, it is likely to go to the next support level at $20.06. The third support level lies at $18.82 if the price breaches the second support level.

Shutterstock Inc (NYSE: SSTK) Key Stats

The company with the Market Capitalisation of 802.42 million has total of 35,474K Shares Outstanding. Its annual sales at the moment are 935,260 K in contrast with the sum of 35,930 K annual income. Company’s last quarter sales were recorded 266,990 K and last quarter income was 29,440 K.

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