Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price increase of 20.42%. However, over the past six months, we’ve seen a stronger performance of -32.41%. The price of QRVO fallen by 19.79% over the last 30 days. And in the last five days, it has surged by 17.46%.
In terms of market performance, Qorvo Inc had a fairly uneven. The highest value for the stock in the past year was $130.99 on 07/16/24, and the lowest value was recorded at $64.54 on 12/06/24.
52-week price history of QRVO Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Qorvo Inc’s current trading price is -35.71% away from its 52-week high, while its distance from the 52-week low is 30.48%. The stock’s price range during this period has varied between$64.54 and $130.99. The Qorvo Inc’s shares, which operate in the Technology, saw a trading volume of around 9.88 million for the day, a figure considerably higher than their average daily volume of 2.79 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Qorvo Inc (QRVO) has experienced a quarterly decline of -19.03% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 7.96B and boasts a workforce of 8700 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 85.85, with a change in price of -31.31. Similarly, Qorvo Inc recorded 2,318,034 in trading volume during the last 100 days, posting a change of -27.10%.
QRVO’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 QRVO stands at 0.58. Similarly, the long-term debt-to-equity ratio is also 0.45.
QRVO Stock Stochastic Average
Qorvo Inc’s raw stochastic average for the past 50 days is presently 98.65%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 98.35%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 88.22% and 81.97%, respectively.
