Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Qualcomm, Inc.’s current trading price is -4.76% away from its 52-week high, while its distance from the 52-week low is 66.68%. The stock’s price range over this period has fluctuated between $101.47 and $177.59. The company, operating within the financial sector, had a trading volume of approximately 5.81 million for the day, which was noticeably lower than the average daily share volume of 8.9 million over the last 3 months.
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 $177.59 on 03/07/24, 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 16.27% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 188.75B 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 145.37, with a change in price of +58.24. Similarly, Qualcomm, Inc. recorded 8,983,411 in trading volume during the last 100 days, posting a change of +52.52%.
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 0.67. Similarly, the long-term debt-to-equity ratio is also 0.63.
QCOM Stock Stochastic Average
Today, Qualcomm, Inc.’s raw stochastic average for the past 50 days stands at 78.98%, indicating a rise from the raw stochastic average of the last 20 days, which was 60.49%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 56.50% and 59.87% respectively.
QCOM Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. This year’s metric has recorded a Price increase of 16.94%. However, over the past six months, we’ve seen a weaker performance of 54.15%. The price of QCOM fallen by 6.84% over the last 30 days. And in the last five days, it has surged by 0.87%.
