How have the shares performed?
Volt Information Sciences Inc. (VOLT) saw downtrend of -6.92% in the recent trading with $3.90 being its most recent. The current price level -13.53% lower than the highest price of $4.51 marked by the stock while trading over the past 52-weeks, whereas it is 282.35% higher than the lowest price of $1.02 the company dropped to over past 52-weeks. The latest news story on VOLT appeared in Business Wire under the title “Volt Information Sciences, Inc. Reports Second Quarter Fiscal 2021 Financial Results” on Jun-15-21.
Squeezing the time span to 30 day period shows us the stock is currently trading -11.36% below one month high and is +10.80% above of the lowest during that time. Looking into the simple moving average, Volt Information Sciences Inc. (VOLT)’s stock stands at a SMA-50 of $3.87 while that of 5-day is reading $3.94.
Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and VOLT’s SMA-200 as of now is $2.61.
Volt Information Sciences Inc. Earnings – What Happened With VOLT
Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. Volt Information Sciences Inc. (VOLT) last released financial results for the quarter that ended 4/29/2021, posting a surprise factor of 900.00% for net revenue. During the reported three-month period, company’s sales were $217.96 billion while analysts on average were estimating the same to be $213.0 million.
VOLT – Volt Information Sciences Inc. Stock Earnings Estimates
The perspective of Volt Information Sciences Inc. (AMEX:VOLT)’s current quarter earnings identifies that analysts are in consensus over the estimate of -0.01 for stock’s EPS in the current quarter. 1 analysts covering the stock at Wall Street were agreed upon that EPS consensus. Company’s EPS for the last quarter was 0.08.
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 21.79 million. VOLT does have institutional investors; and they hold 36.20% of the stock.
Volt Information Sciences Inc. – Insider Activity and Holdings
Moreover, the latest SEC filings also revealed that stock came across 10 new insider purchases involving 18,650 shares. On the other hand, VOLT declared 0 shares have been sold in 0 insider transactions over the past three months.
As on Mar 30, 2021, Fortis Capital Management, LLC was the top most holder in Volt Information Sciences Inc. (AMEX:VOLT) with an ownership of 1.13 million shares of the company or 5.19% of the stake worth $4.45 million. The filing also reveals Renaissance Technologies, LLC as the second largest holder in the company with a control over 3.99% of the outstanding shares. Its stake is worth $3.42 million for having 0.87 million shares in hand.
Archon Capital Management LLC also came holding a key position in the company during the recent quarter and it now holds 3.45% of the outstanding shares. With this there are now 30 institutions which have possession in VOLT’s shares.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, current ratio recorded by Volt Information Sciences Inc. was 2.18 while posting a debt to equity ratio of 2.22. The count was 349.38 for long-term debt to equity ratio.
Volt Information Sciences Inc.’s return on equity, or ROE, is -73.30%, compared to the industry average of 5.16% for Industrials – Staffing & Employment Services. Although this indicates that VOLT fails to use its equity well, the metric will vary significantly depending on the industry.
Technical Analysis of Volt Information Sciences Inc. (AMEX:VOLT) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Volt Information Sciences Inc. (VOLT), we notice that the stock’s 20-day average volume is at 108,680 shares and 50% of short term indicators are suggesting the stock as Buy. Medium term indicators at an average of 100% are spotting the stock at Buy with its 50-day average volume of 98,786 shares. And to end, VOLT’s 100-day average volume is 133,880 shares with 100% of the long-term indicators pointing towards Buy for the stock.