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. Semtech Corp’s current trading price is -5.08% away from its 52-week high, while its distance from the 52-week low is 267.29%. The stock’s price range during this period has varied between $18.16 and $70.27. The company, active in the Technology sector, saw a trading volume of around 0.88 million for the day, considerably lower average daily volume of 1.79 million observed over the last three months.
Semtech Corp’s stock has had a calm market performance. The 1-year high for the company’s stock was $70.27 on 12/04/24, and the lowest price during the same period was recorded at $18.16 on 01/17/24.
How Financial Performance Impacts Market Capitalization
Semtech Corp (SMTC) has experienced a quarterly rise of 66.50% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 5.75B and boasts a workforce of 1917 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 44.58, with a change in price of +34.42. Similarly, Semtech Corp recorded 1,775,968 in trading volume during the last 100 days, posting a change of +107.19%.
SMTC Stock Stochastic Average
As of today, the raw stochastic average of Semtech Corp over the past 50 days is 87.38%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 86.13%. Additionally, the Stochastic %K and %D values for the company were 80.68% and 77.86%, respectively, over the past 20 days.
SMTC 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 204.43%.However, over the last six months, we can see a weaker performance of 125.87%. Over the last 30 days, the price of SMTC has fallen by 36.09%. And in the last five days, it has surged by 0.88%.
