Cepton Inc (NASDAQ: CPTN) is -2.38% lower on its value in year-to-date trading and has touched a low of $2.38 and a high of $3.81 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CPTN stock was last observed hovering at around $3.19 in the last trading session, with the day’s loss setting it -0.01%.
Currently trading at $3.18, the stock is -0.81% and 0.49% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.57 million and changing -0.24% at the moment leaves the stock 7.50% off its SMA200. CPTN registered 3.33% gain for a year compared to 6-month gain of 19.19%. The firm has a 50-day simple moving average (SMA 50) of $3.16694 and a 200-day simple moving average (SMA200) of $2.9612.
The stock witnessed a 0.08% loss in the last 1 month and extending the period to 3 months gives it a 0.71%, and is -0.55% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.76% over the week and 1.12% over the month.
Cepton Inc (CPTN) has around 87 employees, a market worth around $50.97M and $17.87M in sales. Profit margin for the company is -155.90%. Distance from 52-week low is 33.72% and -16.47% from its 52-week high. The company has generated returns on investments over the last 12 months (-51.71%).
The EPS is expected to grow by 60.99% this year.
Cepton Inc (CPTN) Top Institutional Holders
21.0 institutions hold shares in Cepton Inc (CPTN), with institutional investors hold 13.33% of the company’s shares. The shares outstanding are 16.05M, and float is at 6.22M with Short Float at 0.46%. Institutions hold 5.42% of the Float.
Cepton Inc (CPTN) Insider Activity
The most recent transaction is an insider sale by HOURTIENNE MITCHELL, the company’s Chief Commercial Officer. SEC filings show that HOURTIENNE MITCHELL sold 3,555 shares of the company’s common stock on Nov 25 ’24 at a price of $3.12 per share for a total of $11092.0. Following the sale, the insider now owns 76486.0 shares.
Still, SEC filings show that on May 23 ’24, HOURTIENNE MITCHELL (Chief Commercial Officer) disposed off 6,305 shares at an average price of $2.53 for $15952.0. The insider now directly holds 81,486 shares of Cepton Inc (CPTN).
