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Taiwan Semiconductor Manufacturing ADR (TSM) Stock: Navigating a Year of Volatility

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. Taiwan Semiconductor Manufacturing ADR’s current trading price is -9.69% away from its 52-week high, while its distance from the 52-week low is 37.23%. The stock’s price range during this period has varied between $72.84 and $110.69. The company, active in the Technology sector, saw a trading volume of around 6.44 million for the day, considerably lower average daily volume of 9.07 million observed over the last three months.

Taiwan Semiconductor Manufacturing ADR (TSM) currently has a stock price of $99.96. The stock saw a sharp increase in the last trading session, hitting a high of $100.589 after opening at $99.90. The lowest recorded price for the day was $99.54 before it closed at $99.58.

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Taiwan Semiconductor Manufacturing ADR had a pretty favorable run when it comes to the market performance. Over the past year, the company’s stock reached a high of $110.69 on 06/13/23, while the lowest price during the same period was $72.84 on 12/28/22.

How Financial Performance Impacts Market Capitalization

Taiwan Semiconductor Manufacturing ADR (TSM) has experienced a quarterly rise of 8.37% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 518.43B.

Decoding Analysts’ Ratings for Taiwan Semiconductor Manufacturing ADR

As of right now, 26 analysts are rating Taiwan Semiconductor Manufacturing ADR as a BUY, 7 of the polled analysts branded the stock as an OVERWEIGHT, 2 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is 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 93.49, with a change in price of -0.68. Similarly, Taiwan Semiconductor Manufacturing ADR recorded 9,053,391 in trading volume during the last 100 days, posting a change of -0.68%.

How TSM’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 TSM stands at 0.29. Similarly, the long-term debt-to-equity ratio is also 0.29.

TSM Stock Stochastic Average

As of today, the raw stochastic average of Taiwan Semiconductor Manufacturing ADR over the last 50 days is at 95.57%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 95.30%. Further, the company’s Stochastic %K and %D values for the last 20 days were 91.49% and 90.06%, respectively.

TSM 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 34.19%.However, over the last six months, we can see a weaker performance of 8.98%. Over the last 30 days, the price of TSM has fallen by 9.47%. And in the last five days, it has surged by 3.67%.

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