Dividend Yield A company's dividend expressed as a percentage of its current stock price. Restricted stock typically is that issued to company insiders with limits on when it may be traded. To calculate, start with total shares outstanding and subtract the number of restricted shares. Public Float The number of shares in the hands of public investors and available to trade. Shares Outstanding Number of shares that are currently held by investors, including restricted shares owned by the company's officers and insiders as well as those held by the public. For companies with multiple common share classes, market capitalization includes both classes. Market Cap is calculated by multiplying the number of shares outstanding by the stock's price. Market Capitalization Reflects the total market value of a company. Earnings Per Share (TTM) A company's net income for the trailing twelve month period expressed as a dollar amount per fully diluted shares outstanding. Investing in or trading crypto assets comes with a risk of financial loss.P/E Ratio (TTM) The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations for the trailing 12 month period. They do not establish financial, investment, or other advice. The views and opinions stated by the author, or any people named in this article, are for informational purposes only. However, the SNAP share is likely to open near $10.00 which will act as important support for bulls. The recent breakout has failed and prices reverted down. Snap stock price (NYSE: SNAP) tumbled 18% in after hours trading session. The RSI at 56 near to the neutral territory but it might test the oversold territory after a gap down. The MACD curve is reversing down and displayed a negative crossover indicates prices might trade with bearish bias. If the buyers are active then they will try to defend the $10.00 support else more downside will open. However, it will be interesting to see how prices will react near to the support zones. Snap share will erode the 50% of its previous gains after the gap down open. Gap down in Snap Stock will erode the 50% of gains However, if the price drops below $10.00 then it might raise concern for the long term investors. Till Snap stock holds $10.00 short term bounce back is possible. It shows sellers are highly active on the higher levels. Despite that, the stock prices reacted negatively in the after hour session. It reported an EPS of -0.24 and Revenue of $1.068 Billion.Ĭompany beats the EPS estimate by 2.66% and revenue by 1.32%. Snap Inc released the quarterly earnings on July 25, 2023. Snap stock price closed the previous session at $12.51 with an intraday decline of -1.34%. Snap Stock reacted negatively after Earnings However, due to quarterly earnings the prices are expected to open gap down which will erode previous gains. Snap stock prices performed well in the past few months and recovered from lows by forming higher high swings.įew days ago, Snap stock broke out of its previous swing high hurdle at $12.80 which created a hope for trend reversal. However, prices failed to give the follow up momentum and got stuck into the narrow range of consolidation. Recently, buyers succeeded to break the 200 day EMA which turned the positional trend in upward direction. SNAP stock managed to climb above the 50 day EMA shows the short term trend favors the bulls. It suggests a significant increase in the value is possible in coming months if certain conditions are met. Snap stock price prediction is bullish till it holds $10.00 support. However, the prices are likely to open gap down near the $10.00 which is likely to act as a strong support. Snap stock price (NYSE: SNAP) tumbled 18% in after hours trading session despite company beats earning estimates.
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