The Clues for capitalizing in these stocks: Okta, Inc. (OKTA), Elastic N.V. (ESTC)

Over the past 9 days, Okta, Inc. (NASDAQ: OKTA) stock was observed to have a Historic Volatility of 52.43%. That figure, when expanded to look at the past 100 days, OKTA goes up to 69.53%. In the last 5 days, this stock’s average daily volume is shown as 3,892,980 shares per day, which is higher than the average of 2,123,467 shares per day as measured over the last 100 days. Moving on to look at the price, the movement in the past 5 days was +1.37, while this stock’s price moved +35.29% lower in the past 100 days.

A widely-used method of evaluating a stock’s price at any given moment is looking at it in relation to its 52-week price range. This stock’s recent rise arrives on a trading day that exhibited higher volume than its usual average of 2.09M (measured over the past 3 months). On March 11th, 2019, volume rose to about 2,487,624 transactions. During the trading period, the first transaction completed was recorded at $80.93 per share, which has gone up by 3.19% by closing bell when the final transaction of the day was recorded at 78.75. At the moment, this stock’s 52-week high is $87.72 and its 52-week low is $37.21.

This publicly-traded organization managed to generate a trailing 12-month revenue of 361.50M. Bearing that in mind, this company is experiencing top-line progress, as its year-over-year quarterly revenue has grown by 57.80%. This company’s current market capitalization is 9.25B.

Recently, Okta, Inc. (NASDAQ: OKTA) has caught the attention – and in-depth analysis – of numerous Wall Street analysts. In a research note published on March 8th, 2019 from Needham Reiterated the shares of OKTA to $96. Similarly, in a research note sent out on March 8th, 2019 from Canaccord Genuity, analysts Reiterated the shares of this stock to Buy and set a price target at $85.Additionally, in a research note made public on March 6th, 2019, Analysts at Monness Crespi & Hardt Reiterated common shares of OKTA stock to Buy – combined with a 12-month price target of $90.

Is Elastic N.V. a good investment? Let’s take a look at what leading Wall Street experts have to say about this particular stock. For shares of Elastic N.V. (NYSE: ESTC), there are currently ratings available from 6 different stock market analysts who have all given their professional opinions. On average, these analysts currently have a Moderate Buy recommendation with a mean rating of 4.00. This is in comparison to the average recommendation from a month ago, which was a Hold with an average rating of 3.00. Similarly, the average rating observed 2 months ago was a Hold with the mean numerical rating of 3.00, and the average rating observed 3 months ago was a Hold with a mean numerical rating of 3.00.

Continuing discussion of current price performance, Elastic N.V. has a total market value of 6.11B at the time of writing – representing $71.84M outstanding shares. The Average True Range for this company’s stock is currently 4.09

Now let’s take a look at what’s on the horizon: for the financial results of the current quarter, The lowest earnings per share prediction was -$0.53 per share, with the highest forecast pointing toward -$0.43 per share. Compared to the year-ago period, experts are projecting a growth rate of -100.04%.