Let’s start up with the current stock price of NETGEAR Inc. (NTGR), which is $32.71 to be very precise. The Stock rose vividly during the last session to $37.75 after opening rate of $37.00 while the lowest price it went was recorded $36.52 before closing at $37.06.
Recently in News on July 21, 2021, NETGEAR Appoints David J. Henry to Board of Directors; Promotes to President & GM of Connected Home Products and Services; Gregory Rossmann to Transition off Board. NETGEAR®, Inc. (NASDAQ: NTGR), the leading provider of award-winning connected products designed to simplify and improve people’s lives, today announced it has appointed David J. Henry to join the company’s board of directors. The company also announced his promotion to President & GM of Connected Home Products and Services, where he will continue his leadership and management of NETGEAR’s comprehensive suite of products including the industry leading Orbi, Nighthawk, Nighthawk Pro Gaming, and Meural brands. David joined NETGEAR in 2004 as product line manager for WiFi routers and worked his way up through the organization to where he now leads the company’s connected home products and services business and is responsible for overseeing product management, product marketing, engineering and user experience. You can read further details here
NETGEAR 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 $46.38 on 01/27/21, with the lowest value was $31.49 for the same time period, recorded on 07/22/21.
NETGEAR Inc. (NTGR) full year performance was 22.84%
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, NETGEAR Inc. shares are logging -29.47% during the 52-week period from high price, and 20.39% 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 $27.17 and $46.38.
The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 1561803 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the NETGEAR Inc. (NTGR) recorded performance in the market was -8.79%, having the revenues showcasing -2.04% 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 1.13B, as it employees total of 818 workers.
Specialists analysis on NETGEAR Inc. (NTGR)
During the last month, 0 analysts gave the NETGEAR Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 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 39.14, with a change in the price was noted -9.16. In a similar fashion, NETGEAR Inc. posted a movement of -21.95% for the period of last 100 days, recording 310,121 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 NTGR is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
Trends and Technical analysis: NETGEAR Inc. (NTGR)
Raw Stochastic average of NETGEAR Inc. in the period of last 50 days is set at 10.41%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 13.76%. In the last 20 days, the company’s Stochastic %K was 18.85% and its Stochastic %D was recorded 20.30%.
Now, considering the stocks previous presentation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -8.79%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -5.46%, alongside a boost of 22.84% for the period of the last 12 months. The shares increased approximately by -3.67% in the 7-day charts and went down by -3.56% in the period of the last 30 days. Common stock shares were lifted by -2.04% during last recorded quarter.