On Monday, Arena Group Holdings Inc (AMEX: AREN) was -8.80% drop from the session before settling in for the closing price of $4.32. A 52-week range for AREN has been $1.05 – $10.05.
During the last 5-year period, the sales growth of Communication Services Sector giant was 34.07%. When this article was written, the company’s average yearly earnings per share was at 1300.00%. With a float of $11.00 million, this company’s outstanding shares have now reached $47.58 million.
Arena Group Holdings Inc (AREN) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Arena Group Holdings Inc stocks. The insider ownership of Arena Group Holdings Inc is 76.82%, while institutional ownership is 8.17%. The most recent insider transaction that took place on Feb 12 ’25, was worth 78,092. In this transaction Director of this company sold 55,780 shares at a rate of $1.40, taking the stock ownership to the 0 shares. Before that another transaction happened on Feb 12 ’25, when Company’s Director bought 55,780 for $1.40, making the entire transaction worth $78,092. This insider now owns 290,958 shares in total.
Arena Group Holdings Inc (AREN) Earnings and Forecasts
Arena Group Holdings Inc (AMEX: AREN) Trading Performance Indicators
You can see what Arena Group Holdings Inc (AREN) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 2.51. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.31. Likewise, its price to free cash flow for the trailing twelve months is 20.51.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.65, a number that is poised to hit 0.13 in the next quarter and is forecasted to reach 0.82 in one year’s time.
Technical Analysis of Arena Group Holdings Inc (AREN)
Looking closely at Arena Group Holdings Inc (AMEX: AREN), its last 5-days average volume was 0.5 million, which is a jump from its year-to-date volume of 0.2 million. As of the previous 9 days, the stock’s Stochastic %D was 32.28%.
During the past 100 days, Arena Group Holdings Inc’s (AREN) raw stochastic average was set at 16.81%, which indicates a significant decrease from 28.52% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.47 in the past 14 days, which was lower than the 0.51 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.23, while its 200-day Moving Average is $4.64. However, in the short run, Arena Group Holdings Inc’s stock first resistance to watch stands at $4.26. Second resistance stands at $4.58. The third major resistance level sits at $4.81. If the price goes on to break the first support level at $3.71, it is likely to go to the next support level at $3.48. Should the price break the second support level, the third support level stands at $3.16.
Arena Group Holdings Inc (AMEX: AREN) Key Stats
There are 47,466K outstanding shares of the company, which has a market capitalization of 187.01 million. As of now, sales total 125,910 K while income totals -100,710 K. Its latest quarter income was 45,010 K while its last quarter net income were 108,640 K.
