On Tuesday, CI&T Inc (NYSE: CINT) opened lower -8.03% from the last session, before settling in for the closing price of $4.98. Price fluctuations for CINT have ranged from $4.42 to $8.00 over the past 52 weeks.
A company in the Technology sector has dropped its sales by -71.11% annually for the last half of the decade. Company’s average yearly earnings per share was noted 70.52% at the time writing. With a float of $21.12 million, this company’s outstanding shares have now reached $23.80 million.
CI&T Inc (CINT) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Software – Infrastructure industry is another important factor to consider. The insider ownership of CI&T Inc is 84.15%, while institutional ownership is 7.63%. The most recent insider transaction that took place on Nov 25 ’24, was worth 688,050.
CI&T Inc (CINT) Latest Financial update
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 0.41 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.39) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.57 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 70.52% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 32.83% during the next five years compared to -71.11% drop over the previous five years of trading.
CI&T Inc (NYSE: CINT) Trading Performance Indicators
Check out the current performance indicators for CI&T Inc (CINT). In the past quarter, the stock posted a quick ratio of 1.49. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.35. Likewise, its price to free cash flow for the trailing twelve months is 10.97.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.17, 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 CI&T Inc (CINT)
Let’s dig in a bit further. During the last 5-days, its volume was 0.4 million. That was better than the volume of 0.17 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 13.35%.
During the past 100 days, CI&T Inc’s (CINT) raw stochastic average was set at 3.84%, which indicates a significant decrease from 7.69% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.25 in the past 14 days, which was higher than the 0.22 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.25, while its 200-day Moving Average is $5.93. However, in the short run, CI&T Inc’s stock first resistance to watch stands at $4.91. Second resistance stands at $5.25. The third major resistance level sits at $5.46. If the price goes on to break the first support level at $4.36, it is likely to go to the next support level at $4.15. The third support level lies at $3.81 if the price breaches the second support level.
CI&T Inc (NYSE: CINT) Key Stats
There are currently 134,682K shares outstanding in the company with a market cap of 610.40 million. Presently, the company’s annual sales total 438,960 K according to its annual income of 29,490 K. Last quarter, the company’s sales amounted to 117,190 K and its income totaled 9,740 K.
