At the end of the latest market close, GLOBALFOUNDRIES Inc. (GFS) was valued at $63.78. In that particular session, Stock kicked-off at the price of $63.87 while reaching the peak value of $69.5738 and lowest value recorded on the day was $62.3304. The stock current value is $68.97.Recently in News on November 18, 2021, GlobalFoundries, Ford to Address Auto Chip Supply and Meet Growing Demand. Agreement aims to build and strengthen a collaborative model to accelerate the next wave of innovation in automotive chip design. You can read further details here
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, GLOBALFOUNDRIES Inc. shares are logging 1.14% during the 52-week period from high price, and 55.06% 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 $44.48 and $68.19.
The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 1989548 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 GLOBALFOUNDRIES Inc. (GFS) recorded performance in the market was 48.64%. At the time of this writing, the total market value of the company is set at 37.96B, as it employees total of 15000 workers.
The Analysts eye on GLOBALFOUNDRIES Inc. (GFS)
During the last month, 1 analysts gave the GLOBALFOUNDRIES 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.
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 GFS is recording 0.39 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.32.
Technical rundown of GLOBALFOUNDRIES Inc. (GFS)
Considering, the past performance of GLOBALFOUNDRIES 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 48.64%.