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. Qualcomm, Inc’s current trading price is -29.31% away from its 52-week high, while its distance from the 52-week low is 27.88%. The stock’s price range during this period has varied between $127.49 and $230.63. The company, active in the Technology sector, saw a trading volume of around 9.67 million for the day, considerably higher average daily volume of 8.26 million observed over the last three months.
Qualcomm, Inc’s stock has had a calm market performance. The 1-year high for the company’s stock was $230.63 on 06/18/24, and the lowest price during the same period was recorded at $127.49 on 12/04/23.
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How Financial Performance Impacts Market Capitalization
Qualcomm, Inc (QCOM) has experienced a quarterly decline of -0.13% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 183.59B and boasts a workforce of 49000 employees.
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 169.92, with a change in price of -36.82. Similarly, Qualcomm, Inc recorded 8,767,374 in trading volume during the last 100 days, posting a change of -18.42%.
How QCOM’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 QCOM stands at 0.59. Similarly, the long-term debt-to-equity ratio is also 0.53.
QCOM Stock Stochastic Average
As of today, the raw stochastic average of Qualcomm, Inc over the past 50 days is 34.58%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 34.58%. Additionally, the Stochastic %K and %D values for the company were 21.85% and 16.19%, respectively, over the past 20 days.
QCOM Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a gain of 12.72%.However, over the last six months, we can see a stronger performance of -20.82%. Over the last 30 days, the price of QCOM has fallen by 0.16%. And in the last five days, it has surged by 3.98%.
