Turtle Beach Corporation (NASDAQ:HEAR) has signed deals with first-round NBA draft picks PJ Washington and Kevin Porter Jr. The San Diego-based video game headset manufacturer announced the deal Tuesday, and the draft picks will join Josh Hart of the New Orleans Pelicans in creating content that highlights the company’s gaming equipment.
The insider ownership percentage is the key indicator, can be used by investors, to measure the outlook of senior management has on their company. Insider ownership for the HEAR is 7.30%. Institutional ownership refers to the ownership stake in a company that is held by large financial organizations, pension funds or endowments. The Institutional ownership for the HEAR is 62.60%.
Insider trading is the buying or selling of any publicly traded company’s stock and this can be done by someone who has non-public, material information about that HEAR. Insider trading can be illegal or legal depending on when the insider makes the trade. It is illegal when the material information is still non-public. The insider transactions of the company (6-month change in insider ownerships) for the Turtle Beach Corporation (NASDAQ:HEAR) is -47.90%.
Institutional transactions is the amount of a Turtle Beach Corporation (NASDAQ:HEAR)’s available stock owned by mutual or pension funds, insurance companies, investment firms, private foundations, endowments or other large entities that actually manage the funds on the behalf of others, so its an interesting element for the traders to note it, and the Institutional ownership for the HEAR is 2.92%.
A Technology sector firm, Turtle Beach Corporation (NASDAQ:HEAR) stock fell -3.01% on Tuesday and when day-trade ended the stock finally concluded at $11.26 and number of shares that changed hands during the day are 548517. The number of shares HEAR stock currently held by all its shareholders are 14.54 and floated shares, the number of shares are available for trading in an open market on last trading day are 12.40. The average volume of shares for 3 months is 723.95 and HEAR stock value has moved between $8.28 – 34.12 in last one year.
The Turtle Beach Corporation (NASDAQ:HEAR)’s latest earnings date is 8/7/2019. The Gross margin is the difference between the revenue and the cost of goods sold (COGS), divided by revenue. In other words, Gross Margin is a percentage value, while Gross Profit is a monetary value. The valuable gross margin for Turtle Beach Corporation (NASDAQ:HEAR) is 37.20% and the profit margin is 10.90% and the stock has gained -21.09% in 2019 to date.
Turtle Beach Corporation (NASDAQ:HEAR)’s monthly stock performance is 35.01%, the quarterly performance is -10.14%, the half year performance is calculated as -21.09%. The yearly performance of HEAR is -44.59%.
The higher the volatility, the riskier the security. For example, when the stock market rises and falls more than one percent over a sustained period of time, it is called a “volatile” market, if the stock price stays relatively stable, the security has low volatility. The Turtle Beach Corporation (NASDAQ:HEAR) weekly volatility is measured as 4.10% and monthly volatility measured as 6.49%.
Return on assets (ROA) is a main indicator of how profitable a company is relative to its total assets. HEAR return on assets is 31.40%, the return on equity (ROE) of the Turtle Beach Corporation (NASDAQ:HEAR) is 139.90%, while the most important return on investment is calculates as a percentage and is typically used for personal financial decisions, and HEAR return on investment is 69.80%.
The price to earnings ratio is 5.44, price to sales ratio is 0.56, and price to book ratio is 3.40, price to cash per share ration is 16.05, price to free cash flow is 4.10.
Analysts mean target price for Turtle Beach Corporation (NASDAQ:HEAR) is $23.20 while analysts mean recommendation is 1.40. The current share price indicates that stock is -67.36% away from its one year high and is moving 36.48% ahead of its 52-week low. HEAR’s distance from 20 day simple moving average is 5.57% and distance from 50-Day simple moving average is 10.31%.