At the end of the latest market close, Seagate Technology Holdings plc (STX) was valued at $84.50. In that particular session, Stock kicked-off at the price of $84.79 while reaching the peak value of $85.99 and lowest value recorded on the day was $83.93. The stock current value is $84.76.
Recently in News on June 8, 2021, Seagate Updates Fiscal Fourth Quarter 2021 Guidance. Seagate Technology Holdings plc (NASDAQ: STX) (the “Company” or “Seagate”), a world leader in data storage infrastructure solutions, today announced that the Company is increasing its revenue and earnings guidance for its fiscal fourth quarter ending July 2, 2021. You can read further details here
Seagate Technology Holdings 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 $106.22 on 05/17/21, with the lowest value was $58.04 for the same time period, recorded on 01/11/21.
Seagate Technology Holdings plc (STX) full year performance was 73.44%
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 Holdings plc shares are logging -20.20% during the 52-week period from high price, and 94.72% 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 $106.22.
The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 2258509 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 Holdings plc (STX) recorded performance in the market was 36.36%, having the revenues showcasing 18.83% 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 20.20B, as it employees total of 42000 workers.
Analysts verdict on Seagate Technology Holdings plc (STX)
During the last month, 10 analysts gave the Seagate Technology Holdings plc a BUY rating, 1 of the polled analysts branded the stock as an OVERWEIGHT, 11 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 83.14, with a change in the price was noted +18.64. In a similar fashion, Seagate Technology Holdings plc posted a movement of +28.19% for the period of last 100 days, recording 3,218,791 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 10.62 at the time of this writing. In addition, long term Debt to Equity ratio is set at 10.12.
Seagate Technology Holdings plc (STX): Technical Analysis
Raw Stochastic average of Seagate Technology Holdings plc in the period of last 50 days is set at 21.02%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 5.96%. In the last 20 days, the company’s Stochastic %K was 4.73% and its Stochastic %D was recorded 4.23%.
Let’s take a glance in the erstwhile performances of Seagate Technology Holdings plc, 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 36.36%. Additionally, trading for the stock in the period of the last six months notably improved by 30.30%, alongside a boost of 73.44% for the period of the last 12 months. The shares increased approximately by -8.56% in the 7-day charts and went up by -13.64% in the period of the last 30 days. Common stock shares were driven by 18.83% during last recorded quarter.