On Friday, MeridianLink Inc (NYSE: MLNK) opened lower -0.87% from the last session, before settling in for the closing price of $16.07. Price fluctuations for MLNK have ranged from $15.57 to $25.33 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 16.40%. Company’s average yearly earnings per share was noted 58.55% at the time writing. With a float of $28.25 million, this company’s outstanding shares have now reached $76.66 million.
The extent of productivity of a business whose workforce counts for 682 workers is very important to gauge. In terms of profitability, gross margin is 62.63%, operating margin of 1.82%, and the pretax margin is -8.64%.
MeridianLink Inc (MLNK) Insider Updates
A key investor’s attitude towards the stock of the Software – Application industry is another important factor to consider. The insider ownership of MeridianLink Inc is 63.40%, while institutional ownership is 38.88%. The most recent insider transaction that took place on Dec 18 ’24, was worth 1,575,680. In this transaction Chief Executive Officer of this company sold 71,644 shares at a rate of $21.99, taking the stock ownership to the 1,043,382 shares. Before that another transaction happened on Dec 19 ’24, when Company’s Chief Executive Officer sold 71,598 for $21.17, making the entire transaction worth $1,515,880. This insider now owns 1,043,382 shares in total.
MeridianLink Inc (MLNK) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 58.55% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 38.37% during the next five years compared to 6.49% growth over the previous five years of trading.
MeridianLink Inc (NYSE: MLNK) Trading Performance Indicators
Check out the current performance indicators for MeridianLink Inc (MLNK). In the past quarter, the stock posted a quick ratio of 2.16. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.84. Likewise, its price to free cash flow for the trailing twelve months is 13.55.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.38, a number that is poised to hit 0.10 in the next quarter and is forecasted to reach 0.45 in one year’s time.
Technical Analysis of MeridianLink Inc (MLNK)
The latest stats from [MeridianLink Inc, MLNK] show that its last 5-days average volume of 0.24 million was superior to 0.23 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 7.07%. Additionally, its Average True Range was 0.45.
During the past 100 days, MeridianLink Inc’s (MLNK) raw stochastic average was set at 5.68%, which indicates a significant decrease from 9.50% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.32% in the past 14 days, which was lower than the 37.89% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $17.38, while its 200-day Moving Average is $20.33. Now, the first resistance to watch is $16.06. This is followed by the second major resistance level at $16.19. The third major resistance level sits at $16.36. If the price goes on to break the first support level at $15.76, it is likely to go to the next support level at $15.59. Assuming the price breaks the second support level, the third support level stands at $15.46.
MeridianLink Inc (NYSE: MLNK) Key Stats
There are currently 77,190K shares outstanding in the company with a market cap of 1.23 billion. Presently, the company’s annual sales total 316,300 K according to its annual income of -29,770 K. Last quarter, the company’s sales amounted to 81,490 K and its income totaled -4,690 K.
