Shares of Okta dropped by a staggering 16.33% in 7 days from $291.71 to $244.07 at 18:38 EST on Tuesday, after five consecutive sessions in a row of losses. NASDAQ Composite is dropping 1.88% to $13,633.50, after two consecutive sessions in a row of losses.
Okta’s last close was $255.92, 20.46% below its 52-week high of $294.00.
The company’s growth estimates for the ongoing quarter and the next is a negative 185.7% and a negative 257.1%, respectively.
Year-on-year quarterly revenue growth grew by 40.3%, now sitting on 835.42M for the twelve trailing months.
Okta’s Stock Yearly Top and Bottom Value
Okta’s stock is valued at $244.07 at 18:38 EST, way below its 52-week high of $294.00 and way above its 52-week low of $123.50.
Okta’s Moving Average
Okta’s worth is higher than its 50-day moving average of $238.98 and above its 200-day moving average of $241.90.
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