The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Qualcomm, Inc.’s current trading price is -7.45% away from its 52-week high, while its distance from the 52-week low is 27.63%. The stock’s price range for this period has been between $101.47 and $139.94 The company’s shares, which are part of the Technology sector, had a trading volume of approximately 7.14 million for the day, a number notably lower than the average daily volume of 8.01 million over the last three months.
At present, Qualcomm, Inc. (QCOM) has a stock price of $129.51. In the previous session, the stock saw a rise, peaking at $130.12 after an opening price of $129.44. The day’s lowest price was $129.02, and it closed at $129.47.
The market performance of Qualcomm, Inc.’s stock has been harmonious in recent times. Over the last year, the company’s stock reached its highest point at $139.94 on 02/01/23, while the lowest value for the same duration was $101.47 on 05/25/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Qualcomm, Inc. (QCOM) has experienced a quarterly rise of 18.31% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 144.14B and boasts a workforce of 50000 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 115.61, with a change in price of +11.45. Similarly, Qualcomm, Inc. recorded 8,226,922 in trading volume during the last 100 days, posting a change of +9.70%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for QCOM stands at 0.74. Similarly, the long-term debt-to-equity ratio is also 0.70.
QCOM Stock Stochastic Average
As of today, Qualcomm, Inc.’s raw stochastic average for the last 50 days stands at 96.70%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 96.70%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 95.61% and 95.62%, respectively.
QCOM Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. Year to date metric has recorded a gain of 17.80%.However, over the last six months, we can see a weaker performance of 23.01%. Over the last 30 days, the price of QCOM has fallen by 19.22%. And in the last five days, it has surged by 4.57%.