Is Elastic N.V (NYSE: ESTC) The Best Stock To Invest In?

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility.

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Stocks Info

Elastic N.V is listed on the NYSE in the Technology sector while operating in the Software – Application industry. The current market capitalization of Elastic N.V is $12.44B. A total of 1.32 million shares were traded on the day, compared to an average of 1.23M shares.

In the most recent transaction, Banon Shay sold 120,000 shares of ESTC for 109.48 per share on Jun 24 ’24. After the transaction, the Chief Technology Officer now owns 2,754,978 company shares. In a previous transaction on Jun 24 ’24, Kulkarni Ashutosh sold 9,664 shares at 109.88 per share. ESTC shares that Chief Executive Officer owns now total 452,297.

Among the insiders who sold shares, Banon Shay disposed of 180,000 shares on Jun 21 ’24 at a per-share price of $107.82. This resulted in the Chief Technology Officer holding 2,874,978 shares of ESTC after the transaction. In another insider transaction, Banon Shay sold 126,341 shares at $111.08 per share on Jun 11 ’24. Company shares held by the Chief Technology Officer now total 4,545,856.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. In terms of 52-week highs and lows, ESTC has a high of $136.06 and a low of $57.38.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. ESTC’s latest balance sheet shows that the firm has $860.95M in Cash & Short Term Investments as of fiscal 2022. There were $594.22M in debt and $593.33M in liabilities at the time. Its Book Value Per Share was $7.26, while its Total Shareholder’s Equity was $415.43M.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ESTC is Buy with a score of 4.26.

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