Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Intel Corporation’s current trading price is -5.19% away from its 52-week high, while its distance from the 52-week low is 54.49%. The stock’s price range during this period has varied between $24.59 and $40.07. The company, active in the Technology sector, saw a trading volume of around 29.3 million for the day, considerably lower average daily volume of 39.53 million observed over the last three months.
Intel Corporation (INTC) has a current stock price of $37.99. During the previous trading session, the stock witnessed a notable rise, reaching a high of $38.39 after opening at $37.62. The stock’s low for the day was $37.51, and it eventually closed at $37.88.
Top 5 EV Tech Stocks to Buy for 2023
The electric vehicle boom is accelerating – and fast. According a new report published by BloombergNEF, 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. Get our free report, "Top 5 EV Tech Stocks to Buy for 2023".
Click Here to Download the FREE Report.
Sponsored
Intel Corporation’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $40.07 on 09/12/23, and the lowest price during that time was $24.59, recorded on 10/13/22.
How Financial Performance Impacts Market Capitalization
Intel Corporation (INTC) has experienced a quarterly rise of 4.45% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 162.42B and boasts a workforce of 131900 employees.
Decoding Analysts’ Ratings for Intel Corporation
As of right now, 6 analysts are rating Intel Corporation as a BUY, 2 of the polled analysts branded the stock as an OVERWEIGHT, 28 analysts are recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 5 analysts are rating the stock as SELL.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 33.20, with a change in price of +9.11. Similarly, Intel Corporation recorded 42,179,344 in trading volume during the last 100 days, posting a change of +31.54%.
How INTC’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for INTC stands at 0.49. Similarly, the long-term debt-to-equity ratio is also 0.46.
INTC Stock Stochastic Average
As of today, the raw stochastic average of Intel Corporation over the last 50 days is at 74.96%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 74.18%. Further, the company’s Stochastic %K and %D values for the last 20 days were 76.54% and 79.88%, respectively.
INTC Stock Price Performance Analysis
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 43.74% this year. Over the last six months, there has been a weaker performance of 27.44%. The price of INTC fallen by 16.61% during the last 30 days period. For the last 5-days stocks have slided -1.55%.