At the end of the latest market close, Sanmina Corporation (SANM) was valued at $66.60. In that particular session, Stock kicked-off at the price of $66.71 while reaching the peak value of $67.32 and lowest value recorded on the day was $65.30. The stock current value is $66.38.Recently in News on November 7, 2022, SANMINA REPORTS FOURTH QUARTER AND FULL FISCAL 2022 FINANCIAL RESULTS. Sanmina Corporation (“Sanmina” or the “Company”) (NASDAQ: SANM), a leading integrated manufacturing solutions company, today reported financial results for the fourth quarter and fiscal year ended October 1, 2022 and outlook for its fiscal first quarter ending December 31, 2022. You can read further details here
Sanmina Corporation had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $69.28 on 11/11/22, with the lowest value was $35.36 for the same time period, recorded on 01/28/22.
Sanmina Corporation (SANM) full year performance was 69.08%
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, Sanmina Corporation shares are logging -4.19% during the 52-week period from high price, and 87.73% 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 $35.36 and $69.28.
The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 309419 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 Sanmina Corporation (SANM) recorded performance in the market was 60.11%, having the revenues showcasing 27.46% 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 3.78B, as it employees total of 34000 workers.
Analysts verdict on Sanmina Corporation (SANM)
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 50.83, with a change in the price was noted +26.08. In a similar fashion, Sanmina Corporation posted a movement of +64.71% for the period of last 100 days, recording 381,998 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 SANM is recording 0.19 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.18.
Sanmina Corporation (SANM): Technical Analysis
Raw Stochastic average of Sanmina Corporation in the period of last 50 days is set at 88.40%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 80.45%. In the last 20 days, the company’s Stochastic %K was 80.06% and its Stochastic %D was recorded 79.10%.
Let’s take a glance in the erstwhile performances of Sanmina Corporation, 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 60.11%. Additionally, trading for the stock in the period of the last six months notably improved by 57.60%, alongside a boost of 69.08% for the period of the last 12 months. The shares increased approximately by 0.68% in the 7-day charts and went down by 16.62% in the period of the last 30 days. Common stock shares were driven by 27.46% during last recorded quarter.