FIVN Stock Summary and Trading Ideas (Five9 | NASDAQ:FIVN)

Five9 offers cloud-native contact center software enabling digital customer service, sales, and marketing engagement. The company's Virtual Contact Center platform combines core telephony functionality, omnichannel engagement, and various modules into a unified cloud contact-center-as-a-service, or CCaaS, platform. Five9's modules include digital self-service, agent assist technology, workflow automation, as well as workforce optimization solutions that optimize call center efficiency, and manage interaction quality and agent performance.

Five9 trades on the NASDAQ stock market under the symbol FIVN.

As of April 24, 2024, FIVN stock price climbed to $60.28 with 712,502 million shares trading.

FIVN has a beta of 2.02, meaning it tends to be more sensitive to market movements. FIVN has a correlation of 0.25 to the broad based SPY ETF.

FIVN has a market cap of $4.42 billion. This is considered a Mid Cap stock.

Last quarter Five9 reported $239 million in Revenue and $.61 earnings per share. This beat revenue expectation by $1 million and exceeded earnings estimates by $.12.

In the last 3 years, FIVN stock traded as high as $211.68 and as low as $46.61.

The top ETF exchange traded funds that FIVN belongs to (by Net Assets): VTI, VB, VXF, VBK, SKYY.

FIVN has underperformed the market in the last year with a return of -9.9%, while the SPY ETF gained +24.2%. In the last 3 month period, FIVN fell short of the market, returning -24.0%, while SPY returned +4.6%. However, in the most recent 2 weeks FIVN has outperformed the stock market by returning -2.5%, while SPY returned -2.7%.

FIVN support price is $58.91 and resistance is $61.37 (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 FIVN stock will trade within this expected range on the day.