Slack Technologies, Inc is a software—application business based in the US. Slack Technologies shares (WORK) are listed on the NYSE and all prices are listed in US Dollars. Slack Technologies employs 2,431 staff and has a trailing 12-month revenue of around USD$768.1 million.
On December 2, 2020, Salesforce announced it plans to acquire Slack in a $27.7 billion deal. This would mark Salesforce’s biggest acquisition yet.
Slack Technologies, Inc (WORK) is a leading software-application business based in the US. It opened the day at $44.05 after a previous close of $44.29. During the day the price has varied from a low of $43.84 to a high of $44.53. The latest price was $44.47 (25 minute delay). Slack Technologies is listed on the NYSE and employs 2,597 staff. All prices are listed in US Dollars.
How to buy shares in Slack Technologies
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- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- Research the stock. Find the stock by name or ticker symbol – WORK – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
What's in this guide?
How has coronavirus impacted Slack Technologies's share price?
Since the stock market crash in March caused by coronavirus, Slack Technologies's share price has had significant positive movement.
Its last close price was $44.47, which is 36.05% up on its pre-crash value of $28.44 and 194.50% up on the lowest point reached during the March crash when the shares fell as low as $15.10.
If you had bought $1,000 worth of Slack Technologies shares at the start of February 2020, those shares would have been worth $1.00 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $2.00.
Slack Technologies stock price (NYSE: WORK)Use our graph to track the performance of WORK stocks over time.
Slack Technologies shares at a glance
|52-week range||$24.09 - $45.64|
|50-day moving average||$44.46|
|200-day moving average||$42.59|
|Wall St. target price||$43.69|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$-2.56|
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
Is it a good time to buy Slack Technologies stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Slack Technologies price performance over time
|1 week (2021-07-19)||N/A|
|1 month (2021-06-30)||0.38%|
|3 months (2021-04-30)||4.88%|
|6 months (2021-01-26)||N/A|
|1 year (2020-07-26)||N/A|
|2 years (2019-07-26)||N/A|
|3 years (2018-07-26)||N/A|
|5 years (2016-07-26)||N/A|
Slack Technologies financials
|Revenue TTM||$974.3 million|
|Gross profit TTM||$780.9 million|
|Return on assets TTM||-7.03%|
|Return on equity TTM||-28.45%|
|Market capitalisation||$26.5 billion|
TTM: trailing 12 months
Shorting Slack Technologies shares
There are currently 44.4 million Slack Technologies shares held short by investors – that's known as Slack Technologies's "short interest". This figure is 5.4% up from 42.1 million last month.
There are a few different ways that this level of interest in shorting Slack Technologies shares can be evaluated.
Slack Technologies's "short interest ratio" (SIR)
Slack Technologies's "short interest ratio" (SIR) is the quantity of Slack Technologies shares currently shorted divided by the average quantity of Slack Technologies shares traded daily (recently around 4.7 million). Slack Technologies's SIR currently stands at 9.4. In other words for every 100,000 Slack Technologies shares traded daily on the market, roughly 9400 shares are currently held short.
However Slack Technologies's short interest can also be evaluated against the total number of Slack Technologies shares, or, against the total number of tradable Slack Technologies shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Slack Technologies's short interest could be expressed as 0.08% of the outstanding shares (for every 100,000 Slack Technologies shares in existence, roughly 80 shares are currently held short) or 0.0901% of the tradable shares (for every 100,000 tradable Slack Technologies shares, roughly 90 shares are currently held short).
A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Slack Technologies.
Find out more about how you can short Slack Technologies stock.
Slack Technologies share dividends
We're not expecting Slack Technologies to pay a dividend over the next 12 months.
Have Slack Technologies's shares ever split?
Slack Technologies's shares were split on a 2:3 basis on 11 March 2015. So if you had owned 3 shares the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Slack Technologies shares – just the quantity. However, indirectly, the new 50% higher share price could have impacted the market appetite for Slack Technologies shares which in turn could have impacted Slack Technologies's share price.
Slack Technologies share price volatility
Over the last 12 months, Slack Technologies's shares have ranged in value from as little as $24.09 up to $45.64. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Slack Technologies's is 0.9555. This would suggest that Slack Technologies's shares are less volatile than average (for this exchange).
Slack Technologies overview
Slack Technologies, Inc. operates Slack, a business technology software platform in the United States and internationally. Its platform brings together people, applications, and data, as well as sells its offering under a software-as-a-service model. The company was formerly known as Tiny Speck, Inc. and changed its name to Slack Technologies, Inc. in 2014. Slack Technologies, Inc.
Frequently asked questionsWhat percentage of Slack Technologies is owned by insiders or institutions?
Currently 1.064% of Slack Technologies shares are held by insiders and 76.442% by institutions. How many people work for Slack Technologies?
Latest data suggests 2,597 work at Slack Technologies. When does the fiscal year end for Slack Technologies?
Slack Technologies's fiscal year ends in January. Where is Slack Technologies based?
Slack Technologies's address is: 500 Howard Street, San Francisco, CA, United States, 94105 What is Slack Technologies's ISIN number?
Slack Technologies's international securities identification number is: US83088V1026 What is Slack Technologies's CUSIP number?
Slack Technologies's Committee on Uniform Securities Identification Procedures number is: 83088V102
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