The performance of the stock price over the year has been up and down, leaving investors with either an optimistic or pessimistic outlook, depending on how they interpret the data. The index has shown a price gain of 14.56% this year. Over the last six months, there has been a weaker performance of 16.11%. The price of ADI fallen by 0.51% during the last 30 days period. For the last 5-days stocks have improved 2.81%.
The present stock price for Analog Devices Inc. (ADI) is $187.92. In the last trading session, the stock made a considerable jump, reaching $190.355 after an opening price of $189.79. The stock briefly fell to $187.40 before ending the session at $191.31.
Top 5 EV Tech Stocks to Buy for 2023
According a new report published by BloombergNEF on investment in the energy transition, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now.
Click Here to Download the FREE Report.
The market performance of Analog Devices Inc.’s stock has been harmonious in recent times. Over the last year, the company’s stock reached its highest point at $198.24 on 04/04/23, while the lowest value for the same duration was $133.48 on 10/13/22.
52-week price history of ADI Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Analog Devices Inc.’s current trading price is -5.21% away from its 52-week high, while its distance from the 52-week low is 40.79%. The stock’s price range during this period has varied between$133.48 and $198.24. The Analog Devices Inc.’s shares, which operate in the Technology, saw a trading volume of around 3.86 million for the day, a figure considerably higher than their average daily volume of 3.0 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Analog Devices Inc. (ADI) has experienced a quarterly rise of 2.26% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 95.92B and boasts a workforce of 24450 employees.
Analog Devices Inc.: Analysts’ Ratings Unveiled
As of right now, 18 analysts are rating Analog Devices Inc. as a BUY, 3 of the polled analysts branded the stock as an OVERWEIGHT, 9 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 181.42, with a change in price of +27.64. Similarly, Analog Devices Inc. recorded 3,177,339 in trading volume during the last 100 days, posting a change of +17.24%.
ADI’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for ADI stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.18.
ADI Stock Stochastic Average
Analog Devices Inc.’s raw stochastic average for the past 50 days is presently 61.77%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 76.17%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 85.43% and 90.09%, respectively.