Let’s start up with the current stock price of Intel Corporation (INTC), which is $29.83 to be very precise. The Stock rose vividly during the last session to $30.27 after opening rate of $28.39 while the lowest price it went was recorded $28.39 before closing at $30.18.Recently in News on March 9, 2023, Intel’s Transition of OpenFL Primes Growth of Confidential AI. LF AI & Data Foundation incubation project has support from Penn Medicine, VMware and Flower Labs. You can read further details here
Intel Corporation had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $52.51 on 03/30/22, with the lowest value was $24.59 for the same time period, recorded on 10/13/22.
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Intel Corporation (INTC) full year performance was -36.03%
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, Intel Corporation shares are logging -43.19% during the 52-week period from high price, and 21.31% 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 $24.59 and $52.51.
The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 21166330 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 Intel Corporation (INTC) recorded performance in the market was 12.86%, having the revenues showcasing 5.56% 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 121.28B, as it employees total of 131900 workers.
Analysts verdict on Intel Corporation (INTC)
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 28.13, with a change in the price was noted +2.52. In a similar fashion, Intel Corporation posted a movement of +9.33% for the period of last 100 days, recording 42,027,148 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 INTC is recording 0.41 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.37.
Intel Corporation (INTC): Technical Analysis
Raw Stochastic average of Intel Corporation in the period of last 50 days is set at 73.84%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 82.96%. In the last 20 days, the company’s Stochastic %K was 90.00% and its Stochastic %D was recorded 84.14%.
Let’s take a glance in the erstwhile performances of Intel 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 12.86%. Additionally, trading for the stock in the period of the last six months notably improved by 3.43%, alongside a downfall of -36.03% for the period of the last 12 months. The shares increased approximately by 9.59% in the 7-day charts and went up by 3.40% in the period of the last 30 days. Common stock shares were driven by 5.56% during last recorded quarter.