A new trading day began on Tuesday, with MeridianLink Inc (NYSE: MLNK) stock price up 3.04% from the previous day of trading, before settling in for the closing price of $16.11. MLNK’s price has ranged from $15.57 to $25.33 over the past 52 weeks.
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Technology Sector giant saw their annual sales surged by 15.67% over the last five years. Meanwhile, its annual earnings per share averaged 58.55%. With a float of $28.25 million, this company’s outstanding shares have now reached $76.66 million.
The firm has a total of 682 workers. Let’s measure their productivity. 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 Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Application Industry. 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) Earnings and Forecasts
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
Here are MeridianLink Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.16. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.00. Likewise, its price to free cash flow for the trailing twelve months is 14.12.
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)
Analysing the last 5-days average volume posted by the [MeridianLink Inc, MLNK], we can find that recorded value of 0.37 million was better than the volume posted last year of 0.24 million. As of the previous 9 days, the stock’s Stochastic %D was 64.77%. Additionally, its Average True Range was 0.48.
During the past 100 days, MeridianLink Inc’s (MLNK) raw stochastic average was set at 16.32%, which indicates a significant decrease from 44.22% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.67% in the past 14 days, which was lower than the 38.98% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $17.05, while its 200-day Moving Average is $20.18. Now, the first resistance to watch is $16.83. This is followed by the second major resistance level at $17.05. The third major resistance level sits at $17.44. If the price goes on to break the first support level at $16.22, it is likely to go to the next support level at $15.83. Should the price break the second support level, the third support level stands at $15.61.
MeridianLink Inc (NYSE: MLNK) Key Stats
With a market capitalization of 1.28 billion, the company has a total of 77,190K Shares Outstanding. Currently, annual sales are 316,300 K while annual income is -29,770 K. The company’s previous quarter sales were 81,490 K while its latest quarter income was -4,690 K.
