A10 Networks Inc (NYSE:ATEN) shares, rose in value on Friday, March 28, with the stock price down by -3.07% to the previous day’s close as strong demand from buyers drove the stock to $16.74.
Actively observing the price movement in the last trading, the stock closed the session at $17.27, falling within a range of $16.505 and $17.307. The value of beta (5-year monthly) was 1.169 whereas the PE ratio was 25.07 over 12-month period. Referring to stock’s 52-week performance, its high was $21.90, and the low was $12.27. On the whole, ATEN has fluctuated by -18.14% over the past month.
With the market capitalization of A10 Networks Inc currently standing at about $1.24 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-03. The company’s Forward Dividend Ratio is 0.24, with its dividend yield at 1.43%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 280.25M, with a low estimate of 61.98M and a high estimate of 65.78M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 63.63M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that ATEN’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a Hold.
The stock’s technical analysis shows that the price of ATEN currently trading nearly -8.57% and -13.77% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 33.95, while the 7-day volatility ratio is showing 2.81% which for the 30-day chart, stands at 3.70%. Furthermore, A10 Networks Inc (ATEN)’s beta value is 1.28, and its average true range (ATR) is 0.71.
A comparison of A10 Networks Inc (ATEN) with its peers suggests the former has fared considerably weaker in the market. ATEN showed an intraday change of -3.07% in last session, and over the past year, it grew by 23.82%%.
Data on historical trading for A10 Networks Inc (NYSE:ATEN) indicates that the trading volumes over the past 10 days have averaged 1.91 and over the past 3 months, they’ve averaged 1.08 million. According to company’s latest data on outstanding shares, there are 73.69 million shares outstanding.
Nearly 3.13% of A10 Networks Inc’s shares belong to company insiders and institutional investors own 92.39% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 3.47 million shares as on 2025-03-14, resulting in a short ratio of 2.67. According to the data, the short interest in A10 Networks Inc (ATEN) stood at 579.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 1.47 million. The stock has fallen by -9.02% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the ATEN stock heading into the next quarter.
