Technical Eye on Akamai Technologies, Inc. (NASDAQ:AKAM)


Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Akamai Technologies, Inc. (NASDAQ:AKAM) for the period of 9-Day stands at 75.76% while the stochastic %D for the same period stands at 79.95%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Akamai Technologies, Inc. (NASDAQ:AKAM) signals “Buy” while other important signals like the 20-Day Moving Average Vs. Price signals “Buy”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Buy” for Akamai Technologies, Inc. (NASDAQ:AKAM) while 20-100 Day MACD Oscillator indicates “Buy”.

Bollinger band is a volatility indicator of a certain security, currently Akamai Technologies, Inc. (NASDAQ:AKAM)’s 20-Day Bollinger Band indicates “Hold”.

About Company

Akamai Technologies Inc. is the leading global service provider for accelerating content and business processes online. Thousands of organizations have formed trusted relationships with Akamai, improving their revenue and reducing costs by maximizing the performance of their online businesses. Leveraging the Akamai EdgePlatform, these organizations gain business advantage today, and have the foundation for the emerging Web solutions of tomorrow.

Previous Day Activity Analysis

On the last trading day, Akamai Technologies, Inc. (NASDAQ:AKAM) opened the session at $50.84 and after going down -0.06% closed at $50.73. The stock lost -0.11 points in the last trade.

Akamai Technologies, Inc. (NASDAQ:AKAM)’s stock fluctuated in the range of $50.70 and $51.10 during the previous active session. Akamai Technologies, Inc. (NASDAQ:AKAM) traded with the volume of 1.43 Million with average volume of 1.92 Million. The stock has LOW volatility on the last trading session.

Currently the Beta for the company remains at 0.65 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.72 and 69.16 respectively.

Currently the Insider Ownership of the shares of Akamai Technologies, Inc. (NASDAQ:AKAM) is at 0.3% and the shares outstanding are 170.61 Million.

Important Ratio Analysis

Some important ratios to consider here for Akamai Technologies, Inc. (NASDAQ:AKAM) are discussed below:

Dividend yield of Akamai Technologies, Inc. (NASDAQ:AKAM) stands at 0% whereas Price to Earnings P/E ratio stands at 28.97 while Forward P/E shows the value of 18.89.

The PEG ratio (Price to Earning to Growth) emits the value of 2.29. The Price to Sale P/S and Price to Book P/B shows the value of 3.58 and 2.66 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 12.67 and 13.26 correspondingly.

The Quick Ratio of Akamai Technologies, Inc. (NASDAQ:AKAM) stands at 3.1 while the Current Ratio depicts the value of 3.1.

Return on Assets ROA of Akamai Technologies, Inc. (NASDAQ:AKAM) is at 6.9% whereas, Return on Equity ROE and Return of Investment ROI of Akamai Technologies, Inc. (NASDAQ:AKAM) stand at 9.5% and 8.2% respectively.

Stock Performance Analysis

The stock performance of Akamai Technologies, Inc. (NASDAQ:AKAM) on the basis of 5 day trade show the jump of 0.83% whereas, the monthly performance of the stock shows increase of 7.16%.

The quarterly performance of the stock remained in red zone with the value of -1.55% while six month performance of the shares of Akamai Technologies, Inc. (NASDAQ:AKAM) remained bearish with the count of -13.94%.

The yearly and YTD performance of Akamai Technologies, Inc. (NASDAQ:AKAM) remained down at -7.19% and -23.92% respectively.