Forescout Technologies Inc. (NASDAQ:FSCT) went down by -1.42% during the previous trading session, and it is maintaining the win ahead of Thursday’s trading session. The share price of the Software – Application giant went up by $21.50 to trade ended Thursday trading at $21.81. This is down from the $21.81 price recorded on Wednesday’s trading session. Thanks to this latest performance, FSCT is closer to the higher price 52-week target of $33.00 and further from the lowest price target of $17.00. Its performance from the start of the year has also been negative, with FSCT down by -34.45% year-to-date.
Forescout Technologies Inc. (FSCT) started the day trading at $21.74 and recorded an intraday high of $21.8. It also recorded an intraday low of $21.23 during Thursday’s trading session. Forescout Technologies Inc. is a very active stock that recorded a trading volume that is less than -275.44% of the average daily trading volume on Thursday. The stock’s trading volume on Thursday was 815040, which is less than -275.44 of the total average daily trading volume of 3.06 million.
Forescout Technologies Inc. (NASDAQ:FSCT) 2020 Performance Impressive
The increase in FSCT’s stock price on Thursday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of FSCT currently stands at $40.06, which is higher than the current trading price of the stock by 46.33%. However, FSCT’s current trading price is -18.78% lower than the 52-week low price of $18.10. In terms of trading volume, Forescout Technologies Inc. currently experienced healthy participation during the last trading session. 815040 shares of Forescout Technologies Inc. were traded on the stock exchange on Thursday, which is less than -275.44% of the 3.06 million average trading volume of the stock.
The performance of the stock has been positive over the past year. FSCT’s performance over the past one year has seen it plunge by -32.30%, while the stock has gone down by -35.01% in the last six months. The quarterly performance of FSCT currently stands at -31.11%, and it is down by -13.10% in the last month. The only negative figure was from the weekly performance, which currently reads -2.01%. At the time of writing FSCT’s report, the company has a total market cap of $1.07B, making it one of the largest publicly-traded companies in the world.Forescout Technologies Inc. also has over 1217 employees all over the world.
FSCT Insider Activities
For Forescout Technologies Inc., insiders hold 92.10% of all company shares. The insider transactions over the past six months are down by -3.70%. During that period, insiders bought 52,869 shares in 11 transactions. In that same period, insiders sold 238,862 of their shares in 33 transactions. After these transactions, insiders at Forescout Technologies Inc. now hold 2.13M shares, which is over 79.05% of the total company stocks. Institutional investors currently hold a large chunk of the FSCT shares, as they control 4.33% of the company’s total stock.
FSCT Fundamental Analysis
For Forescout Technologies Inc., the stock’s diluted earnings per share (EPS) stands at -3.08. In the coming year, analysts expect the EPS to be -0.49.
The Return on Investment (ROI) on Forescout Technologies Inc.’s stock currently stands at -113.50%, and it has a net profit margin of -45.70%. The operating margin of the company is -39.90%, and its gross margin is 74.90%.
FSCT Analysts Prediction
The UBS also has a Neutral rating for Forescout Technologies Inc., predicting the stock price to stay between $33 and $36. and Monness Crespi & Hardt reiterate their Buy position on the stock ($49 and $39).
Monness Crespi & Hardt and Needham also believe that Forescout Technologies Inc.’s stock is outperforming at the moment.
FSCT Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of FSCT currently stands at -5.78%, while the SMA50 is -19.96%. The biggest one is the SMA200, which is currently reading -30.82% ahead of Thursday’s trading session. The Relative Strength Index of this stock is 29.93.