Perhaps Slack Technologies, Inc. (WORK) Has Found Some Support In The Market Place

Slack Technologies, Inc. (WORK) has seen some recent activity in the market and its stock closed trading at $31.33 yesterday. People are starting to take notice of WORK as the stock traded as high as $32.85 and as low as $31.11 in the previous market day.

Slack Technologies, Inc. (WORK) average trading volume is 15.49M. However, in the previous market day Slack Technologies, Inc. (WORK) traded 14,044,812 shares. The first support level on WORK is $30.87 and the first upside resistance level on WORK is $32.12. WORK 50 day moving average is $27.35 and WORK 200 day moving average is $24.12.

Slack Technologies, Inc. (WORK) most current performance has been shown by the recent movement in WORK stock. WORK has performed 6.64% over the past 30 days, WORK has performed 11.93% over the past 90 days. Slack Technologies, Inc. (WORK) has a 1 year range of $15.10 to $42.00. Slack Technologies, Inc. (WORK) is trading 107.48% from its 1 year low and -25.40% from its 1 year high. Slack Technologies, Inc. (WORK) is displaying a 8.19% short float displaying the amount short in the float.

WORK has 555.36M shares outstanding and 363.84M shares in the float. Slack Technologies, Inc. (WORK) currently has a market cap of $17.79B and income of $-571.10M. The EPS next quarter for WORK is -0.06 and forecasted EPS net year is 40.00%. The market cap of Slack Technologies, Inc. (WORK) at $17.79B signifies how many People own shares of WORK and is calculated off the last price ($31.33) of WORK and the amount of shares outstanding (555.36M) with Slack Technologies, Inc. (WORK).

Slack Technologies, Inc. (WORK) has aggregate cash (mrq) of 768.59M, aggregate cash per share (mrq) of 1.38, aggregate debt of WORK rests at 226.84M and aggregate debt/equity (mrq) is 31.34. Slack Technologies, Inc. (WORK) operating cash flow (ttm) is -12.39M and WORK leveraged free cash flow (ttm) is 160.23M.

WORK is trading 11.05% above (bullish) its SMA20, 20.52% above (bullish) its SMA50 and 25.76% above (bullish) its SMA200.

Recent News:

In recent news, on May 11, 2020, it was announced, Slack Announces Date of First Quarter Fiscal Year 2021 Financial Results. In this news it stated, Slack Technologies, Inc. (NYSE:WORK) today announced that it will report its financial results for the first quarter of fiscal year 2021, ended April 30, 2020, following the close of the U.S. markets on Thursday, June 4, 2020. Slack will host a conference call that day at 2:00 p.m. Pacific time (5:00 p.m. Eastern time) to discuss the results. The conference call can be accessed via dial-in at 833-513-0556 from the United States or 778-560-2600 internationally. The conference ID is 8566284. A live webcast of the conference call will be available on the Slack Investor Relations website, investor.slackhq.com. Following the completion of the call, a replay will also be made available at investor.slackhq.com.