Key Takeaways from A10 Networks Inc (ATEN)’s Recent Sales and Margin Figures

A10 Networks Inc [ATEN] stock prices are up 1.76% to $14.44 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The ATEN shares have gain 4.71% over the last week, with a monthly amount glided 4.94%, and seem to be holding up well over a long-time horizon.

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

From an analyst’s perspective:

Previously, Craig Hallum started tracking the stock with Buy rating on June 23, 2021, and set its price target to $16. On July 21, 2020, Sidoti initiated with a Buy rating and assigned a price target of $11 on the stock. BWS Financial started tracking the stock assigning a Buy rating and suggested a price target of $9.50 on December 16, 2019. Dougherty & Company downgraded its rating to a Neutral. DA Davidson downgraded its rating to Neutral for this stock on March 19, 2018, and downed its price target to $7. In a note dated July 14, 2017, DA Davidson reiterated an Buy rating on this stock and revised its target price from $16 to $9.

The stock price of A10 Networks Inc [ATEN] has been fluctuating between $10.03 and $16.46 over the past year. A10 Networks Inc [NYSE: ATEN] shares were valued at $14.44 at the most recent close of the market.

Analyzing the ATEN fundamentals

The A10 Networks Inc [NYSE:ATEN] reported sales of 248.96M for trailing twelve months, representing a drop of -8.69%. Gross Profit Margin for this corporation currently stands at 0.81% with Operating Profit Margin at 0.14%, Pretax Profit Margin comes in at 0.19%, and Net Profit Margin reading is 0.18%. To continue investigating profitability, this company’s Return on Assets is posted at 0.11, Equity is 0.21 and Total Capital is 0.13. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.04.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 14.23 points at the first support level, and at 14.01 for the second support level. However, for the 1st resistance point, the stock is sitting at 14.58, and for the 2nd resistance point, it is at 14.71.

Ratios To Look Out For

It’s worth pointing out that A10 Networks Inc [NYSE:ATEN]’s Current Ratio is 2.34. Further, the Quick Ratio stands at 2.12, while the Cash Ratio is 0.67. Considering the valuation of this stock, the price to sales ratio is 4.28, the price to book ratio is 4.98 and price to earnings (TTM) ratio is 24.94.

Transactions by insiders

Recent insider trading involved CHUNG PETER Y, Director, that happened on May 20 ’24 when 3.3 million shares were sold. Chief Executive Officer, Trivedi Dhrupad completed a deal on Mar 05 ’24 to sell 60606.0 shares. Meanwhile, Chief Financial Officer Becker Brian sold 15000.0 shares on Feb 13 ’24.

Related Posts