Closing Figures Unveiled: A10 Networks Inc (ATEN) Drop -7.88, Closes at 13.09

Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

A10 Networks Inc (NYSE: ATEN) closed the day trading at $13.09 down -7.88% from the previous closing price of $14.21. In other words, the price has decreased by -$7.88 from its previous closing price. On the day, 1.29 million shares were traded. ATEN stock price reached its highest trading level at $13.32 during the session, while it also had its lowest trading level at $12.44.

Ratios:

For a better understanding of ATEN, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.50 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.75. For the most recent quarter (mrq), Quick Ratio is recorded 2.12 and its Current Ratio is at 2.34. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.04.

On June 23, 2021, Craig Hallum started tracking the stock assigning a Buy rating and target price of $16.

On July 21, 2020, Sidoti started tracking the stock assigning a Buy rating and target price of $11.Sidoti initiated its Buy rating on July 21, 2020, with a $11 target price.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 20 ’24 when CHUNG PETER Y sold 3,296,047 shares for $15.40 per share. The transaction valued at 50,759,124 led to the insider holds 619,166 shares of the business.

Trivedi Dhrupad sold 60,606 shares of ATEN for $804,242 on Mar 05 ’24. The Chief Executive Officer now owns 495,814 shares after completing the transaction at $13.27 per share. On Feb 13 ’24, another insider, Becker Brian, who serves as the Chief Financial Officer of the company, sold 15,000 shares for $12.93 each. As a result, the insider received 193,950 and left with 34,252 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ATEN now has a Market Capitalization of 974618560 and an Enterprise Value of 879601856. As of this moment, A10’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.61, and their Forward P/E ratio for the next fiscal year is 15.39. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.13. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.92 while its Price-to-Book (P/B) ratio in mrq is 4.51. Its current Enterprise Value per Revenue stands at 3.533 whereas that against EBITDA is 19.294.

Stock Price History:

Over the past 52 weeks, ATEN has reached a high of $16.46, while it has fallen to a 52-week low of $10.03. The 50-Day Moving Average of the stock is -7.54%, while the 200-Day Moving Average is calculated to be -2.05%.

Shares Statistics:

Over the past 3-months, ATEN traded about 936.03K shares per day on average, while over the past 10 days, ATEN traded about 599830 shares per day. A total of 74.36M shares are outstanding, with a floating share count of 72.11M. Insiders hold about 3.15% of the company’s shares, while institutions hold 93.99% stake in the company. Shares short for ATEN as of 1721001600 were 2766193 with a Short Ratio of 2.96, compared to 1718323200 on 2959636. Therefore, it implies a Short% of Shares Outstanding of 2766193 and a Short% of Float of 4.8499998.

Dividends & Splits

ATEN’s forward annual dividend rate is 0.24, up from 0.12 a year ago. Against a Trailing Annual Dividend Yield of 0.008444757

Most Popular