The stock price for Sandisk Corp (SNDK) currently stands at $46.68. The stock experienced a substantial increase in the last session, hitting $70.0 after starting at $46.68. The stock’s lowest price was $37.0 before closing at $47.01.
Sandisk Corp experienced a somewhat steady performance in the stock market.
52-week price history of SNDK Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Sandisk Corp’s current trading price is -20.01% away from its 52-week high, while its distance from the 52-week low is 67.40%. The stock’s price range during this period has spanned from $27.89 to $58.36. In the Technology sector, the Sandisk Corp’s shares surpassed a trading volume of approximately 3.4 million for the day, which was noticeably higher compared to the average daily volume of 9.2.61 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Sandisk Corp (SNDK) has experienced a quarterly rise of 11.33% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 6.78B.
A Closer Look at Analysts’ Ratings for Sandisk Corp
As of right now, 10 analysts are rating Sandisk Corp as a BUY, 1 of the polled analysts branded the stock as an OVERWEIGHT, 5 analysts are recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 0 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 40.75, with a change in price of -7.28. Similarly, Sandisk Corp recorded 2,866,366 in trading volume during the last 100 days, posting a change of -13.49%.
Examining SNDK’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 SNDK stands at 0.24. Similarly, the long-term debt-to-equity ratio is also 0.23.
SNDK Stock Stochastic Average
Today, Sandisk Corp’s raw stochastic average for the past 50 days stands at 74.86%, indicating a decline from the raw stochastic average of the last 20 days, which was 78.71%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 82.70% and 77.57% respectively.
SNDK 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.
