Let’s start up with the current stock price of Seagate Technology plc (STX), which is $80.28 to be very precise. The Stock rose vividly during the last session to $80.69 after opening rate of $80.01 while the lowest price it went was recorded $79.05 before closing at $79.98.
Recently in News on April 8, 2021, Seagate Technology to Report Fiscal Third Quarter 2021 Financial Results on April 22, 2021. Seagate Technology plc (NASDAQ: STX), a world leader in data storage infrastructure solutions, will report fiscal third quarter 2021 financial results after the market closes on Thursday, April 22, 2021. The investment community conference call to discuss these results will take place that day at 1:30 p.m. Pacific / 4:30 p.m. Eastern. You can read further details here
Seagate Technology plc had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $80.83 on 04/12/21, with the lowest value was $58.04 for the same time period, recorded on 01/11/21.
Seagate Technology plc (STX) full year performance was 56.10%
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, Seagate Technology plc shares are logging -0.68% during the 52-week period from high price, and 84.42% 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 $43.53 and $80.83.
The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 3445079 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 Seagate Technology plc (STX) recorded performance in the market was 29.15%, having the revenues showcasing 36.00% 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 18.41B, as it employees total of 42000 workers.
Market experts do have their say about Seagate Technology plc (STX)
During the last month, 11 analysts gave the Seagate Technology plc a BUY rating, 1 of the polled analysts branded the stock as an OVERWEIGHT, 13 analysts were recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 3 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 68.16, with a change in the price was noted +24.77. In a similar fashion, Seagate Technology plc posted a movement of +44.62% for the period of last 100 days, recording 3,340,322 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 STX is recording 5.20 at the time of this writing. In addition, long term Debt to Equity ratio is set at 5.17.
Technical breakdown of Seagate Technology plc (STX)
Raw Stochastic average of Seagate Technology plc in the period of last 50 days is set at 96.34%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 94.66%. In the last 20 days, the company’s Stochastic %K was 92.49% and its Stochastic %D was recorded 93.91%.
Bearing in mind the latest performance of Seagate Technology plc, 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 29.15%. Additionally, trading for the stock in the period of the last six months notably improved by 56.52%, alongside a boost of 56.10% for the period of the last 12 months. The shares increased approximately by 1.67% in the 7-day charts and went down by 6.46% in the period of the last 30 days. Common stock shares were driven by 36.00% during last recorded quarter.