For the readers interested in the stock health of Analog Devices Inc. (ADI). It is currently valued at $163.13. When the transactions were called off in the previous session, Stock hit the highs of $165.64, after setting-off with the price of $165.56. Company’s stock value dipped to $162.10 during the trading on the day. When the trading was stopped its value was $166.00.Recently in News on January 3, 2023, Analog Devices to Participate in the J.P. Morgan Tech/Auto Forum. Analog Devices, Inc. (Nasdaq: ADI) today announced that the Company’s Executive Vice President, Finance and Chief Financial Officer, Prashanth Mahendra-Rajah, will speak at the J.P. Morgan 21st Annual Tech/Auto Forum Conference in Las Vegas, Nevada on Thursday, January 5, 2023, at 10:30 a.m. Pacific Time. You can read further details here
Analog Devices Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $170.64 on 01/12/23, with the lowest value was $159.58 for the same time period, recorded on 01/05/23.
Analog Devices Inc. (ADI) full year performance was -2.02%
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, Analog Devices Inc. shares are logging -9.38% during the 52-week period from high price, and 22.21% 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 $133.48 and $180.01.
The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 3081579 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 Analog Devices Inc. (ADI) recorded performance in the market was -0.55%, having the revenues showcasing 15.61% 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 82.93B, as it employees total of 24450 workers.
The Analysts eye on Analog Devices Inc. (ADI)
During the last month, 18 analysts gave the Analog Devices Inc. a BUY rating, 3 of the polled analysts branded the stock as an OVERWEIGHT, 9 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 155.45, with a change in the price was noted -3.94. In a similar fashion, Analog Devices Inc. posted a movement of -2.36% for the period of last 100 days, recording 3,499,963 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 ADI is recording 0.18 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.18.
Technical rundown of Analog Devices Inc. (ADI)
Raw Stochastic average of Analog Devices Inc. in the period of last 50 days is set at 53.37%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 32.10%. In the last 20 days, the company’s Stochastic %K was 52.14% and its Stochastic %D was recorded 66.89%.
Considering, the past performance of Analog Devices Inc., 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 -0.55%. Additionally, trading for the stock in the period of the last six months notably improved by 0.01%, alongside a downfall of -2.02% for the period of the last 12 months. The shares increased approximately by -3.92% in the 7-day charts and went down by -2.21% in the period of the last 30 days. Common stock shares were driven by 15.61% during last recorded quarter.