As of Thursday close, CrowdStrike Holdings Inc.’s (NASDAQ:CRWD) stock was down -$4.62, moving down -3.10 percent to $144.38. The average number of shares traded per day over the past five days has been 2,295,220 shares. 2 times new highs have been achieved over the past 5 days, with a -$3.48 fall in that time frame. In the last twenty days, the average volume was 3,042,440, while in the previous 50 days, it was 3,313,782.
Since last month, CRWD stock retreated -8.39%. Shares of the company fell to $142.89 on 08/08/23, the lowest level in the past month. A 52-week high of $203.67 was reached on 08/01/23 after having rallying from a 52-week low of $92.25. Since the beginning of this year, CRWD’s stock price has risen by 37.13% or $39.09, and marked a new high 29 times. However, the stock has declined by -29.11% since its 52-week high.
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CRWD stock investors should be aware that CrowdStrike Holdings Inc. (CRWD) stock had its last reported insider trading activity 32 days ago on Jul 17. AUSTIN ROXANNE S, the Director of the company, disposed of 20,000 shares for $154.32 on Jul 17. It resulted in a $3,086,406 divestment by the insider. AUSTIN ROXANNE S sold 5,000 shares at an average price of $150.47 on Jul 14. The insider now owns 57,656 shares following the transaction. On Jul 13, PRESIDENT AND CEO Kurtz George sold 178,000 shares at $151.04 apiece. The transaction was valued at $26,884,862.
Valuation Metrics
The stock’s beta is 0.98. Besides these, the trailing price-to-sales (P/S) ratio of 13.96, the price-to-book (PB) ratio of 21.26, and the price-to-cash flow ratio of 45.81 may also be considered.
Financial Health
In the three months ended April 29, CrowdStrike Holdings Inc.’s quick ratio stood at 1.80, while its current ratio was 1.80, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending April 29 was 0.46, and the total debt-to-equity ratio was 0.46. On the profitability front, the trailing twelve-month gross margin is 73.70% percent. In the year ended April 29, EBITDA margin amounted to -3.76%, whereas operating margins totaled -7.60%. Based on annual data, CRWD earned $1.64 billion in gross profit and brought in $2.24 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -9.60%. Return on equity (ROE) for the past 12 months was -10.80%.
In CrowdStrike Holdings Inc.’s quarter-end financial report for April 29, it reported total debt of $741.38 million against cash and short-term investments of $100.0 million. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. CRWD’s revenue rose 110.94% to $745.15 million during the quarter, while net income inched up to $692.58 million. While analysts expected CrowdStrike Holdings Inc. to report $0.51 quarterly earnings, the actual figure was $0.57 per share, beating the consensus estimate by 11.80%. During the quarter, the company generated $66.45 million in EBITDA. The liabilities of CrowdStrike Holdings Inc. were 3.5 billion at the end of its most recent quarter ended April 29, and its total debt was $794.37 million. The value of shareholders’ equity is $237.11 million.
Technical Picture
This quick technical analysis looks at CrowdStrike Holdings Inc.’s (CRWD) price momentum. With a historical volatility rate of 30.53%, the RSI 9-day stood at 38.50% on 17 August.
With respect to its five-day moving average, the current CrowdStrike Holdings Inc. price is down by -2.35% percent or -$3.48. At present, CRWD shares trade -2.49% below its 20-day simple moving average and +9.76% percent above its 100-day simple moving average. However, the stock is currently trading approximately -5.66% below its SMA50 and -11.78% below its SMA200.
Stochastic coefficient K was 19.83% and Stochastic coefficient D was 26.84%, while ATR was 5.36. Given the Stochastic reading of 6.18% for the 14-day period, the RSI (14) reading has been calculated as 42.81%. As of today, the MACD Oscillator reading stands at -0.53, while the 14-day reading stands at -4.06.
Analyst Ratings
KeyBanc Capital Markets launched its rating on CrowdStrike Holdings Inc. (NASDAQ: CRWD) to an Overweight in a note to investors on June 14, 2023. CrowdStrike Holdings Inc. (CRWD) has been rated Buy by analysts. According to 0 brokerage firms, CRWD is a sell, and 6 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 4 analysts rate CrowdStrike Holdings Inc. stock as buy, with 35 recommending it as overweight.
With a median target price of $175.00, the current consensus forecast for the stock is $128.00 – $235.00. Based on these forecasts, analysts predict CrowdStrike Holdings Inc. (CRWD) will achieve an average price target of $177.53.
