Qorvo Inc. (QRVO) is priced at $134.67 after the most recent trading session. At the very opening of the session, the stock price was $132.67 and reached a high price of $135.89, prior to closing the session it reached the value of $131.48. The stock touched a low price of $131.25.
Recently in News on September 1, 2020, Qorvo® to Present at Citi’s 2020 Global Technology Virtual Conference. Qorvo® (Nasdaq: QRVO), a leading provider of innovative RF solutions that connect the world, today announced that Company executives are scheduled to present at the Citi’s 2020 Global Technology Virtual Conference on Tuesday, September 8, 2020 at 5:10 p.m. ET. You can read further details here
Qorvo Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $136.06 on 08/06/20, with the lowest value was $67.54 for the same time period, recorded on 03/23/20.
Qorvo Inc. (QRVO) full year performance was 86.09%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Qorvo Inc. shares are logging -1.02% during the 52-week period from high price, and 99.39% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $67.54 and $136.06.
The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 1251226 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Qorvo Inc. (QRVO) recorded performance in the market was 15.87%, having the revenues showcasing 18.76% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 15.13B, as it employees total of 7900 workers.
Market experts do have their say about Qorvo Inc. (QRVO)
During the last month, 13 analysts gave the Qorvo Inc. a BUY rating, 1 of the polled analysts branded the stock as an OVERWEIGHT, 9 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 111.50, with a change in the price was noted +49.94. In a similar fashion, Qorvo Inc. posted a movement of +58.94% for the period of last 100 days, recording 1,434,424 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for QRVO is recording 0.43 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.43.
Technical breakdown of Qorvo Inc. (QRVO)
Raw Stochastic average of Qorvo Inc. in the period of last 50 days is set at 95.59%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 85.67%. In the last 20 days, the company’s Stochastic %K was 52.67% and its Stochastic %D was recorded 36.74%.
Bearing in mind the latest performance of Qorvo Inc., several moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 15.87%. Additionally, trading for the stock in the period of the last six months notably improved by 38.41%, alongside a boost of 86.09% for the period of the last 12 months. The shares increased approximately by 2.40% in the 7-day charts and went down by 2.61% in the period of the last 30 days. Common stock shares were driven by 18.76% during last recorded quarter.