E2open Parent Holdings Inc. (ETWO) Chief Executive Officer Owns Stock Worth $13000.0

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E2open Parent Holdings Inc. (NYSE:ETWO) finished Friday with a subtraction of -$0.01 to close at $5.87, a downside of -0.17 percent. An average of 693,340 shares of common stock have been traded in the last five days. There was a gain of $0.15 in the past week, and it reached a new high 1 time over the past 12 months. The last 20 days have seen an average of 1,202,340 shares traded, while the 50-day average volume stands at 1,515,316.

ETWO stock has decreased by -0.34% in the last month. The company shares reached their 1-month lowest point of $5.33 on 12/07/22. With the stock rallying to its 52-week high on 01/04/22, shares of the company touched a low of $4.89 and a high of $11.59 in 52 weeks. It has reached a new high 2 times so far this year and lost -47.87% or -$5.39 in price. In spite of this, the price is down -49.35% from the 52-week high.


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Insider Transactions

ETWO stock investors should be aware that E2open Parent Holdings Inc. (ETWO) stock had its last reported insider trading activity 26 days ago on Dec 05. In this transaction, the insider spent $75,820. Chief Executive Officer, Farlekas Michael, disposed of 13,000 shares at a price of $5.59 on Nov 18. The insider now owns more than $72,618 worth of shares. Prior to that, Chief Operating Officer Hantman Peter went on to Sale 400 shares at $7.00 each on Oct 06. An amount of $2,800 was transacted.

Valuation Metrics

E2open Parent Holdings Inc. (ETWO) has a trailing price-to-sales (P/S) ratio at 2.99, the price-to-book (PB) ratio at 0.65.

Financial Health

The quick ratio of E2open Parent Holdings Inc. for the three months ended August 30 was 0.80, and the current ratio was 0.80, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.38 and a total debt to equity ratio of 0.39 for the quarter ending August 30. Its gross profit as reported stood at $202.59 million compared to revenue of $425.56 million.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, E2open Parent Holdings Inc.’s return on assets was -7.30%.

Earnings Surprise

For the three-month period that ended August 30, E2open Parent Holdings Inc. had $1.05 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of -$368.69 million in the quarter, while revenues of -$11.36 million were grew 94.43%. The analyst consensus anticipated E2open Parent Holdings Inc.’s latest quarter earnings to come in at $0.06 per share, but it turned out to be $0.05, a -16.70% surprise. For the quarter, EBITDA amounted to $36.1 million. Shareholders own equity worth $302.25 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at E2open Parent Holdings Inc. (ETWO) price momentum. RSI 9-day as of the close on 30 December was 58.25%, suggesting the stock is Neutral, with historical volatility in this time frame at 41.24%.

As of today, ETWO’s price is $5.71 +2.62% or $0.15 from its 5-day moving average. ETWO is currently trading -2.81% lower than its 20-day SMA and -20.57% lower than its 100-day SMA. However, the stock’s current price level is +15.10% above the SMA50 and -36.13% below the SMA200.

The stochastic %K and %D were 54.42% and 44.94%, respectively, and the average true range (ATR) was 0.23. With the 14-day stochastic at 66.67% and the average true range at 0.25, the RSI (14) stands at 54.54%. The stock has reached 0.06 on the 9-day MACD Oscillator while the 14-day reading was at 0.06.

Analyst Ratings

Redburn launched coverage on E2open Parent Holdings Inc. (NYSE: ETWO) in its analyst report released on December 16, 2022. The firm assigned the stock a Buy rating. The consensus rating for E2open Parent Holdings Inc. (ETWO) among analysts is Overweight. According to current brokerage recommendations, 1 brokerage firm advise that investors sell ETWO, while 2 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 4 others rate it as a “buy”.

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