A10 Networks Inc (NYSE:ATEN) traded at $15.76 at last check on Wednesday, May 01, made an upward move of 20.67% on its previous day’s price.
Looking at the stock we see that its previous close was $13.06. The company has a trailing 12-month PE ratio of 29.69. In terms of its 52-week price range, ATEN has a high of $15.99 and a low of $10.03. The company’s stock has gained about 17.44% over that past 30 days.
A10 Networks Inc has a market cap of $1.17 billion. With its Forward Dividend at 0.24 and a yield of 1.52%, the company’s investors could be anxious for the ATEN stock to gain ahead of the earnings release.
There have been no upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the ATEN stock, short term indicators assign the stock an average of Hold, while medium term indicators assign it an average of 100% Buy. Long term indicators on average place the stock in the category of 50% Buy.
Looking further, we note that the PEG ratio for the ATEN stock currently stands at 1.48, and the most recent price level today is 18.55% off its SMA20 and 16.90% from its 50-day simple moving average. The RSI (14) is pointing at 72.90 while the volatility over the past week is 2.14% and jumps to 2.25% over the past one month. The beta value is 1.13, while the average true range (ATR) is currently pointing at 0.50.
Coming back to A10 Networks Inc (NYSE:ATEN), we note that the average 3-month trading volume was 700.25K. Current shares outstanding are 74.36 million.
The insiders hold 7.70% of the company’s shares while institutions hold 96.51%. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock 19.67% up in year-to-date price movement.
