Let’s start up with the current stock price of Okta Inc. (OKTA), which is $66.76 to be very precise. The Stock rose vividly during the last session to $72.0388 after opening rate of $70.22 while the lowest price it went was recorded $68.52 before closing at $68.70.Recently in News on January 12, 2023, Okta to Present at Upcoming Investor Conference. Okta, Inc. (NASDAQ: OKTA), the leading independent identity provider, today announced that Brett Tighe, Chief Financial Officer of Okta, is scheduled to participate in the following upcoming investor conference. You can read further details here
Okta Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $72.59 on 01/18/23, with the lowest value was $62.40 for the same time period, recorded on 01/12/23.
Okta Inc. (OKTA) full year performance was -63.51%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Okta Inc. shares are logging -67.24% during the 52-week period from high price, and 51.31% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $44.12 and $203.79.
The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 1034404 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Okta Inc. (OKTA) recorded performance in the market was 0.54%, having the revenues showcasing 24.89% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 10.84B, as it employees total of 6037 workers.
Market experts do have their say about Okta Inc. (OKTA)
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 59.32, with a change in the price was noted -26.09. In a similar fashion, Okta Inc. posted a movement of -28.54% for the period of last 100 days, recording 4,634,883 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for OKTA is recording 0.41 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.41.
Technical breakdown of Okta Inc. (OKTA)
Raw Stochastic average of Okta Inc. in the period of last 50 days is set at 67.63%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 28.56%. In the last 20 days, the company’s Stochastic %K was 54.43% and its Stochastic %D was recorded 61.58%.
Bearing in mind the latest performance of Okta Inc., several moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 0.54%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -30.70%, alongside a downfall of -63.51% for the period of the last 12 months. The shares increased approximately by -3.40% in the 7-day charts and went down by 1.12% in the period of the last 30 days. Common stock shares were driven by 24.89% during last recorded quarter.