A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Skyworks Solutions, Inc’s current trading price is -39.04% away from its 52-week high, while its distance from the 52-week low is 40.86%. The stock’s price range for this time frame has been between $47.93 and $110.76. The trading volume of the company’s shares in the Technology reached around 2.32 million for the day, which was evidently lower than the average daily volume of 3.23 million over the last three months.
Skyworks Solutions, Inc (SWKS) current stock price is $67.51. During the last trading session, the stock soared, reaching $100.0 after opening at $67.31. The stock’s lowest point was $58.0 before it closed at $67.63.
The stock market performance of Skyworks Solutions, Inc has been fairly unsteady.
How Financial Performance Impacts Market Capitalization
Skyworks Solutions, Inc (SWKS) has experienced a quarterly rise of 2.28% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 10.14B and boasts a workforce of 10100 employees.
Decoding Analysts’ Ratings for Skyworks Solutions, Inc
As of right now, 2 analysts are rating Skyworks Solutions, Inc as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 21 analysts are recommending to HOLD this stock, 2 of them gave the stock UNDERWEIGHT rating, and 2 analysts are rating the stock as SELL.
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 68.57, with a change in price of +0.67. Similarly, Skyworks Solutions, Inc recorded 3,496,927 in trading volume during the last 100 days, posting a change of +1.00%.
How SWKS’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 SWKS stands at 0.30. Similarly, the long-term debt-to-equity ratio is also 0.21.
SWKS Stock Stochastic Average
Skyworks Solutions, Inc’s raw stochastic average for the past 50 days is currently at 15.99%. This represents a fall from the raw stochastic average of the last 20 days, which was recorded at 17.35%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 14.35% and 12.13%, respectively.
SWKS Stock Price Performance Analysis
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. Until today this year the stock’s price performance recorded a decrease of -35.52%. However, over the last six months, the performance has been stronger by -21.83%. The price of SWKS decreased -13.38% over the last 30 days. And in the last five days, it has fallen by -5.35%.
