ALAR Stock Summary and Trading Ideas (Alarum Technologies Ltd. - American Depositary Shares | NASDAQ:ALAR)

Alarum Technologies Ltd is a company engaged in the information security business. The company has two Internet access segments which include Enterprise Internet Access and Consumer Internet Access. Its Enterprise Internet Access offers web data collection and a private Internet browsing platform and Consumer Internet Access provides solutions for secure and private Internet browsing. Geographically, the company has a presence in the UK Virgin Islands, Israel, Europe, APAC, MEA, Hong Kong, the USA, and others, and generates a majority of its revenue from the APAC followed by the United States.

Alarum Technologies Ltd. - American Depositary Shares trades on the NASDAQ stock market under the symbol ALAR.

As of April 19, 2024, ALAR stock price declined to $20.70 with 259,612 million shares trading.

ALAR has a beta of 1.24, meaning it tends to be more sensitive to market movements. ALAR has a correlation of 0.02 to the broad based SPY ETF.

ALAR has a market cap of $132.62 million. This is considered a Micro Cap stock.

Last quarter Alarum Technologies Ltd. - American Depositary Shares reported $7 million in Revenue and $.30 earnings per share. This beat revenue expectation by $107,000 and exceeded earnings estimates by $.05.

ALAR has outperformed the market in the last year with a return of +862.8%, while the SPY ETF gained +21.2%. In the last 3 month period, ALAR beat the market returning +104.5%, while SPY returned +4.3%. However, in the most recent 2 weeks ALAR has underperformed the stock market by returning -7.0%, while SPY returned -3.5%.

ALAR support price is $20.18 and resistance is $23.76 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ALAR stock will trade within this expected range on the day.