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QCOM: Riding the Market Waves of Growth and Decline in 2023

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The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a gain of 17.43%.However, over the last six months, we can see a weaker performance of 52.38%. Over the last 30 days, the price of QCOM has fallen by 0.83%. And in the last five days, it has fallen by -2.18%.

Qualcomm, Inc. experienced a rather steady stock market performance. The highest value in the past year was recorded at $177.59 on 03/07/24 and the lowest value was $101.47 on 05/25/23.

52-week price history of QCOM Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Qualcomm, Inc.’s current trading price is -4.36% away from its 52-week high, while its distance from the 52-week low is 67.38%. The stock’s price range during this period has varied between$101.47 and $177.59. The Qualcomm, Inc.’s shares, which operate in the Technology, saw a trading volume of around 6.56 million for the day, a figure considerably lower than their average daily volume of 8.91 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Qualcomm, Inc. (QCOM) has experienced a quarterly rise of 21.14% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 189.54B and boasts a workforce of 50000 employees.

Combining Moving Average and Trading Volume Data for Better Market Insight

Based on Barchart.com data, the company’s moving average over the 100-day period was 151.21, with a change in price of +40.37. Similarly, Qualcomm, Inc. recorded 8,541,746 in trading volume during the last 100 days, posting a change of +31.18%.

QCOM’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look

The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative 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 presently 79.78%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 50.24%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 68.42% and 74.10%, respectively.