Slack Technologies, Inc. (NYSE:WORK) has a beta value of 0 and has seen 7,008,954 shares traded in the recent trading session. The company, currently valued at $14.64 Billion, closed the recent trade at $25.7 per share which meant it gained $0.01 on the day or 0.04% during that session. The WORK stock price is -55.91% off its 52-week high price of $40.07 and 41.25% above the 52-week low of $15.1. If we look at the company’s 10-day average daily trading volume, we find that it stood at 39.02 Million shares traded. The 3-month trading volume is 18.17 Million shares.
Slack Technologies, Inc. (NYSE:WORK) trade information
Sporting 0.04% in the green today, the stock has traded in the green over the last five days, with the highest price hit on Friday, Sep 11 when the WORK stock price touched $26.59- or saw a rise of 3.13%. Year-to-date, Slack Technologies, Inc. shares have moved 14.58%, while the 5-day performance has seen it change -12.15%. Over the past 30 days, the shares of Slack Technologies, Inc. (NYSE:WORK) have changed -9.18%. Short interest in the company has seen 57.86 Million shares shorted with days to cover at 3.18.
Slack Technologies, Inc. (WORK) estimates and forecasts
Earnings growth for 2020 is a modest -268.8%.
Slack Technologies, Inc. (NYSE:WORK)’s Major holders
Insiders own 0.39% of the company shares, while shares held by institutions stand at 65.68% with a share float percentage of 65.93%. Investors are also buoyed by the number of investors in a company, with Slack Technologies, Inc. having a total of 396 institutions that hold shares in the company. The top two institutional holders are Morgan Stanley with over 65.05 Million shares worth more than $2.02 Billion. As of June 29, 2020, Morgan Stanley held 13.46% of shares outstanding.
The other major institutional holder is Price (T.Rowe) Associates Inc, with the holding of over 40.56 Million shares as of June 29, 2020. The firm’s total holdings are worth over $1.26 Billion and represent 8.4% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Morgan Stanley Inst Fd Inc-Growth Port and Vanguard Total Stock Market Index Fund. As of June 29, 2020, the former fund manager holds about 2.98% shares in the company for having 14411808 shares of worth $448.06 Million while later fund manager owns 11.53 Million shares of worth $358.59 Million as of June 29, 2020, which makes it owner of about 2.39% of company’s outstanding stock.