The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Qualcomm, Inc’s current trading price is -30.69% away from its 52-week high, while its distance from the 52-week low is 18.46%. The stock’s price range for this period has been between $134.94 and $230.63 The company’s shares, which are part of the Technology sector, had a trading volume of approximately 9.59 million for the day, a number notably higher than the average daily volume of 7.99 million over the last three months.
Qualcomm, Inc’s market performance has been stable in recent times. The company’s stock hit a 1-year high of $230.63 on 06/18/24 and a low of $134.94 for the same time frame on 01/11/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Qualcomm, Inc (QCOM) has experienced a quarterly decline of -5.36% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 182.44B and boasts a workforce of 49000 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 165.18, with a change in price of -9.62. Similarly, Qualcomm, Inc recorded 8,044,659 in trading volume during the last 100 days, posting a change of -5.68%.
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 0.59. Similarly, the long-term debt-to-equity ratio is also 0.53.
QCOM Stock Stochastic Average
As of today, Qualcomm, Inc’s raw stochastic average for the last 50 days stands at 31.89%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 64.16%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 49.04% and 37.54%, 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. Until today this year the stock’s price performance recorded an increase of 4.06%. However, over the last six months, the performance has been stronger by -23.11%. The price of QCOM decreased -2.14% over the last 30 days. And in the last five days, it has surged by 1.66%.
