The stock of Qualcomm, Inc (QCOM) is currently priced at $147.51. In the last session, the stock climbed significantly, topping out at $225.0 after opening at $147.51. The day’s lowest price was $140.0 before the stock closed at $148.19.
Qualcomm, Inc experienced a rather shaky stock market performance.
52-week price history of QCOM Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Qualcomm, Inc’s current trading price is -19.00% away from its 52-week high, while its distance from the 52-week low is 22.11%. The stock’s price range during this period has spanned from $120.80 to $182.10. In the Technology sector, the Qualcomm, Inc’s shares surpassed a trading volume of approximately 8.14 million for the day, which was noticeably lower compared to the average daily volume of 9.8.4 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Qualcomm, Inc (QCOM) has experienced a quarterly rise of 5.51% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 159.16B and boasts a workforce of 49000 employees.
A Closer Look at Analysts’ Ratings for Qualcomm, Inc
As of right now, 12 analysts are rating Qualcomm, Inc as a BUY, 5 of the polled analysts branded the stock as an OVERWEIGHT, 18 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 1 analyst is rating the stock as SELL.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 150.85, with a change in price of -5.59. Similarly, Qualcomm, Inc recorded 8,729,748 in trading volume during the last 100 days, posting a change of -3.65%.
Examining QCOM’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for QCOM stands at 0.54. Similarly, the long-term debt-to-equity ratio is also 0.54.
QCOM Stock Stochastic Average
Today’s raw stochastic average for Qualcomm, Inc over the last 50 days is 25.87%.This indicates a increase from the raw stochastic average of the past 20 days, which was 10.72%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 10.55% and 29.45%, respectively.
QCOM 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. The metric has seen a significant loss of -18.48% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -14.70%. Over the past 30 days, the price of QCOM has leaped by -9.06%. And in the last five days, it has fallen by -8.41%.
