A10 Networks Inc. (NYSE:ATEN) went up by 6.34% from its latest closing price compared to the recent 1-year high of $14.68. The company’s stock price has collected 5.64% of gains in the last five trading sessions. Press Release reported on 09/07/21 that A10 Networks Expands Security Portfolio Capabilities to Bolster Zero Trust Architectures
Is It Worth Investing in A10 Networks Inc. (NYSE :ATEN) Right Now?
A10 Networks Inc. (NYSE:ATEN) scored a price-to-earnings ratio above its average ratio, recording 49.32 x from its present earnings ratio. Plus, the 36-month beta value for ATEN is at 0.94.
ATEN currently public float of 63.12M and currently shorts hold a 3.34% ratio of that float. Today, the average trading volume of ATEN was 640.34K shares.
ATEN’s Market Performance
ATEN stocks went up by 5.64% for the week, with a monthly jump of 10.02% and a quarterly performance of 39.31%, while its annual performance rate touched 111.90%. The volatility ratio for the week stands at 3.74% while the volatility levels for the past 30 days are set at 3.49% for A10 Networks Inc.. The simple moving average for the period of the last 20 days is 7.43% for ATEN stocks with a simple moving average of 41.21% for the last 200 days.
Analysts’ Opinion of ATEN
Many brokerage firms have already submitted their reports for ATEN stocks, with Craig Hallum repeating the rating for ATEN by listing it as a “Buy.” The predicted price for ATEN in the upcoming period, according to Craig Hallum is $16 based on the research report published on June 23rd of the current year 2021.
Sidoti, on the other hand, stated in their research note that they expect to see ATEN reach a price target of $11. The rating they have provided for ATEN stocks is “Buy” according to the report published on July 21st, 2020.
BWS Financial gave a rating of “Buy” to ATEN, setting the target price at $9.50 in the report published on December 16th of the previous year.
ATEN Trading at 15.46% from the 50-Day Moving Average
After a stumble in the market that brought ATEN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -0.54% of loss for the given period.
Volatility was left at 3.49%, however, over the last 30 days, the volatility rate increased by 3.74%, as shares surge +8.31% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +27.85% upper at present.
During the last 5 trading sessions, ATEN rose by +5.64%, which changed the moving average for the period of 200-days by +79.58% in comparison to the 20-day moving average, which settled at $13.65. In addition, A10 Networks Inc. saw 48.07% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at ATEN starting from BRUENING MATTHEW P, who sale 1,394 shares at the price of $14.00 back on Aug 31. After this action, BRUENING MATTHEW P now owns 166,243 shares of A10 Networks Inc., valued at $19,516 using the latest closing price.
Trivedi Dhrupad, the Chief Executive Officer of A10 Networks Inc., sale 4,597 shares at $14.00 during a trade that took place back on Aug 31, which means that Trivedi Dhrupad is holding 609,989 shares at $64,358 based on the most recent closing price.
Stock Fundamentals for ATEN
Current profitability levels for the company are sitting at:
- +7.86 for the present operating margin
- +77.76 for the gross margin
The net margin for A10 Networks Inc. stands at +7.90. The total capital return value is set at 12.37, while invested capital returns managed to touch 12.90. Equity return is now at value 19.40, with 8.10 for asset returns.
Based on A10 Networks Inc. (ATEN), the company’s capital structure generated 24.80 points at debt to equity in total, while total debt to capital is 19.87. Total debt to assets is 9.89, with long-term debt to equity ratio resting at 20.26. Finally, the long-term debt to capital ratio is 16.24.
When we switch over and look at the enterprise to sales, we see a ratio of 2.92, with the company’s debt to enterprise value settled at 0.04. The receivables turnover for the company is 4.31 and the total asset turnover is 0.80. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.20.