Recent Performance of A10 Networks Inc (ATEN) Stock: A Closer Look

At the time of writing, A10 Networks Inc [ATEN] stock is trading at $16.62, up 2.59%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The ATEN shares have gain 14.94% over the last week, with a monthly amount glided 11.47%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

A10 Networks Inc [NYSE: ATEN] stock has seen the most recent analyst activity on November 08, 2024, when Craig Hallum downgraded its rating to a Hold but kept the price target unchanged to $16 for it. On June 23, 2021, Craig Hallum initiated with a Buy rating and assigned a price target of $16 on the stock. Sidoti started tracking the stock assigning a Buy rating and suggested a price target of $11 on July 21, 2020. BWS Financial initiated its recommendation with a Buy and recommended $9.50 as its price target on December 16, 2019. Dougherty & Company downgraded its rating to Neutral for this stock on March 23, 2018. In a note dated March 19, 2018, DA Davidson downgraded an Neutral rating on this stock and revised its target price from $8 to $7.

For the past year, the stock price of A10 Networks Inc fluctuated between $11.67 and $16.46. A10 Networks Inc [NYSE: ATEN] shares were valued at $16.62 at the most recent close of the market.

Analyzing the ATEN fundamentals

According to A10 Networks Inc [NYSE:ATEN], the company’s sales were 257.91M for trailing twelve months, which represents an 15.48% jump. Gross Profit Margin for this corporation currently stands at 0.81% with Operating Profit Margin at 0.17%, Pretax Profit Margin comes in at 0.22%, and Net Profit Margin reading is 0.19%. To continue investigating profitability, this company’s Return on Assets is posted at 0.12, Equity is 0.23 and Total Capital is 0.16.

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 16.16 points at the first support level, and at 15.71 for the second support level. However, for the 1st resistance point, the stock is sitting at 16.89, and for the 2nd resistance point, it is at 17.17.

Ratios To Look Out For

It is important to note that A10 Networks Inc [NYSE:ATEN] has a current ratio of 2.19. As well, the Quick Ratio is 2.01, while the Cash Ratio is 0.61. Considering the valuation of this stock, the price to sales ratio is 4.98, the price to book ratio is 5.64 and price to earnings (TTM) ratio is 25.08.

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.

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