A10 Networks Inc (NYSE: ATEN) has a price-to-earnings ratio that is above its average at 26.70x. The stock has a 36-month beta value of 1.13. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 3 as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for ATEN is 71.54M, and at present, short sellers hold a 1.88% of that float. On November 08, 2024, the average trading volume of ATEN was 560.66K shares.
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ATEN) stock’s latest price update
The stock price of A10 Networks Inc (NYSE: ATEN) has jumped by 1.44 compared to previous close of 15.24. Despite this, the company has seen a gain of 5.53% in its stock price over the last five trading days. seekingalpha.com reported 2024-11-07 that A10 Networks, Inc (ATEN) Q3 2024 Earnings Call Transcript
ATEN’s Market Performance
A10 Networks Inc (ATEN) has experienced a 5.53% rise in stock performance for the past week, with a 5.89% rise in the past month, and a 21.92% rise in the past quarter. The volatility ratio for the week is 2.25%, and the volatility levels for the past 30 days are at 1.91% for ATEN. The simple moving average for the past 20 days is 5.16% for ATEN’s stock, with a 11.38% simple moving average for the past 200 days.
Analysts’ Opinion of ATEN
Craig Hallum, on the other hand, stated in their research note that they expect to see ATEN reach a price target of $16. The rating they have provided for ATEN stocks is “Buy” according to the report published on June 23rd, 2021.
Sidoti gave a rating of “Buy” to ATEN, setting the target price at $11 in the report published on July 21st of the previous year.
ATEN Trading at 8.99% 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 -6.08% of loss for the given period.
Volatility was left at 1.91%, however, over the last 30 days, the volatility rate increased by 2.25%, as shares surge +4.60% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +14.69% upper at present.
During the last 5 trading sessions, ATEN rose by +5.53%, which changed the moving average for the period of 200-days by +10.98% in comparison to the 20-day moving average, which settled at $14.70. In addition, A10 Networks Inc saw 17.39% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ATEN starting from CHUNG PETER Y, who sale 3,296,047 shares at the price of $15.40 back on May 20 ’24. After this action, CHUNG PETER Y now owns 619,166 shares of A10 Networks Inc, valued at $50,759,124 using the latest closing price.
Trivedi Dhrupad, the Chief Executive Officer of A10 Networks Inc, sale 60,606 shares at $13.27 during a trade that took place back on Mar 05 ’24, which means that Trivedi Dhrupad is holding 495,814 shares at $804,242 based on the most recent closing price.
Stock Fundamentals for ATEN
Current profitability levels for the company are sitting at:
- 0.14 for the present operating margin
- 0.81 for the gross margin
The net margin for A10 Networks Inc stands at 0.18. The total capital return value is set at 0.13. Equity return is now at value 21.40, with 11.39 for asset returns.
Based on A10 Networks Inc (ATEN), the company’s capital structure generated 0.06 points at debt to capital in total, while cash flow to debt ratio is standing at 4.92. The debt to equity ratio resting at 0.07. The interest coverage ratio of the stock is -60.52.
Currently, EBITDA for the company is 47.99 million with net debt to EBITDA at -1.48. When we switch over and look at the enterprise to sales, we see a ratio of 4.31. The receivables turnover for the company is 4.34for trailing twelve months and the total asset turnover is 0.63. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.34.
Conclusion
To sum up, A10 Networks Inc (ATEN) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
