Let’s start up with the current stock price of Cisco Systems Inc. (CSCO), which is $50.91 to be very precise. The Stock rose vividly during the last session to $51.23 after opening rate of $51.22 while the lowest price it went was recorded $50.41 before closing at $51.46.
Recently in News on April 29, 2021, Cisco Announces May 2021 Event with the Financial Community. Cisco today announced that it will participate in the following conference with the financial community during the month of May. The session will be webcast. Interested parties can view the event on Cisco’s Investor Relations website at investor.cisco.com. You can read further details here
Cisco Systems 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 $53.18 on 04/16/21, with the lowest value was $43.35 for the same time period, recorded on 01/04/21.
Cisco Systems Inc. (CSCO) full year performance was 20.13%
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, Cisco Systems Inc. shares are logging -4.27% during the 52-week period from high price, and 44.30% 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 $35.28 and $53.18.
The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 19930544 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 Cisco Systems Inc. (CSCO) recorded performance in the market was 13.77%, having the revenues showcasing 14.20% 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 217.44B, as it employees total of 77500 workers.
The Analysts eye on Cisco Systems Inc. (CSCO)
During the last month, 12 analysts gave the Cisco Systems Inc. a BUY rating, 1 of the polled analysts branded the stock as an OVERWEIGHT, 12 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 47.54, with a change in the price was noted +6.53. In a similar fashion, Cisco Systems Inc. posted a movement of +14.71% for the period of last 100 days, recording 20,251,701 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 CSCO is recording 0.37 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.24.
Technical rundown of Cisco Systems Inc. (CSCO)
Raw Stochastic average of Cisco Systems Inc. in the period of last 50 days is set at 74.86%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 18.05%. In the last 20 days, the company’s Stochastic %K was 16.78% and its Stochastic %D was recorded 15.35%.
Considering, the past performance of Cisco Systems Inc., multiple 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 13.77%. Additionally, trading for the stock in the period of the last six months notably improved by 42.57%, alongside a boost of 20.13% for the period of the last 12 months. The shares increased approximately by -1.93% in the 7-day charts and went down by -1.55% in the period of the last 30 days. Common stock shares were driven by 14.20% during last recorded quarter.