Slack Technologies, Inc. [WORK] took an upward turn with a change of -3.74%, trading at the price of $24.74 during the trading session on Thursday. The price movement in correlation with percentage of the mentioned increase can allow a valuable insight to investors. During the last trading session 3.36 million shares changed hands being bought and sold, while Slack Technologies, Inc. shares have an average trading volume of 7.21M shares for that time period. WORK monthly volatility recorded 6.53%, in the meanwhile having share price volatility for the week set at 7.06%. PS value for WORK stocks is 27.51 with PB recorded at 18.90.
Slack Technologies, Inc. [NYSE:WORK]: Analyst Rating and Earnings
Its stock price has been found in the range of 21.25 to 42.00. This is compared to its latest closing price of $25.70.
Pay attention to the next-scheduled financial results for this company to be released, which is slated for Wed 4 Dec (In 56 Days).
Fundamental Analysis of Slack Technologies, Inc. [WORK]
Now let’s turn to look at profitability: with a current Operating Margin for Slack Technologies, Inc. [WORK] sitting at -38.50 and its Gross Margin at +87.19, this company’s Net Margin is now -94.00%. These metrics indicate that this company is not generating as much profit, after accounting for expenses, compared to its market peers.
This company’s Return on Total Capital is -22.66, and its Return on Invested Capital has reached 27.70%. Its Return on Equity is -20.95, and its Return on Assets is -14.83. These metrics suggest that this Slack Technologies, Inc. does a poor job of managing its assets, and likely won’t be able to provide successful business outcomes for its investors in the near term.
What about valuation? This company’s Enterprise Value to EBITDA is -92.89. The Enterprise Value to Sales for this firm is now 25.15.
Shifting the focus to workforce efficiency, Slack Technologies, Inc. [WORK] earns $266,679 for each employee under its payroll. Similarly, this company’s Receivables Turnover is 6.43 and its Total Asset Turnover is 0.42. This publicly-traded organization’s liquidity data is also interesting: its Quick Ratio is 2.94 and its Current Ratio is 2.94. This company, considering these metrics, has a healthy ratio between its short-term liquid assets and its short-term liabilities, making it a less risky investment.
Slack Technologies, Inc. [WORK] has 543.22M shares outstanding, amounting to a total market cap of $13.96B. Its stock price has been found in the range of 21.25 to 42.00. At its current price, it has moved down by -41.10% from its 52-week high, and it has moved up 16.42% from its 52-week low.
This stock’s Relative Strength Index (RSI) is at 45.76. This RSI score is good, suggesting this stock is neither overbought or oversold.
Conclusion: Is Slack Technologies, Inc. [WORK] a Reliable Buy?
Shares of Slack Technologies, Inc. [WORK], on the whole, present investors with both positive and negative signals. Wall Street analysts have mixed reviews when it comes to the 12-month price outlook, and this company’s financials show a combination of strengths and weaknesses. Based on the price performance, this investment is somewhat risky while presenting reasonable potential for ROI.