The market performance of Qualcomm, Inc. has been somewhat stable. Over the past year, the company’s stock achieved a high of $177.59 on 03/07/24, with the lowest value for the same timeframe being $101.47, recorded on 05/25/23.
52-week price history of QCOM Stock
A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Qualcomm, Inc.’s current trading price is -6.01% away from its 52-week high, while its distance from the 52-week low is 64.50%. The stock’s price range during this period has fluctuated between $101.47 and $177.59. Shares of the company, which operates in the Technology sector, recorded a trading volume of around 6.64 million for the day, which was evidently lower than the average daily volume of 8.94 million over the last three months.
Financial Performance and Market Capitalization
Qualcomm, Inc. (QCOM) has experienced a quarterly rise of 17.96% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 186.28B and boasts a workforce of 50000 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 141.15, with a change in price of +58.26. Similarly, Qualcomm, Inc. recorded 9,125,926 in trading volume during the last 100 days, posting a change of +53.62%.
QCOM Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for QCOM stands at 0.67. Similarly, the long-term debt-to-equity ratio is also 0.63.
QCOM Stock Stochastic Average
Qualcomm, Inc.’s raw stochastic average for the past 50 days is currently at 74.44%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 62.81%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 64.91% and 69.02%, respectively.
QCOM Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Year to date metric has recorded a gain of 15.41%.However, over the last six months, we can see a weaker performance of 47.53%. Over the last 30 days, the price of QCOM has fallen by 7.01%. And in the last five days, it has fallen by -2.45%.
