Qualcomm, Inc. (NASDAQ:QCOM) currently has a daily average trading volume of 8.95M but it saw 4450344 shares traded in last market. With a market cap of 187.51B USD, the company’s current market price of $168.32 came rising about 1.53 while comparing to the previous closing price of $165.78. In past 52 weeks, the stock remained buoying in the range of price level as high as $230.63 and as low as $104.33. In the recent trading on the day, stock has struck highest price mark of $165.17 while lowest mark touched by it was $169.75.
Taking a look at 20-day trading activity of Qualcomm, Inc. (QCOM) gives us an average price of $166.91, while its current price level is -27.02% below from 52-week high level whereas it is 61.33% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $168.47 while that of 200 days or SMA-200 reads an average of $171.99. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.35% during that period while stretching the period over a month that decreases to 2.94%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 49.22 which implies that the stock is in neutral territory.
DZ Bank upgraded its recommendation for the stock as a “Buy” from “Hold” on August 02, 2024 while assigning a price target of $210. HSBC Securities also issued its recommendations for the stock as it downgraded the price target for the stock is $200.
Over the week, QCOM’s stock price is moving 0.03% up while it is 3.11% when we observe its performance for the past one month. Year-to-date it is 16.38% up and over the past year, the stock is showing an upside performance of 51.50%.
Currently, Qualcomm, Inc.’s total number of outstanding shares is 1.11B. Company’s return on investment (ROI) stands at 23.01% and return on equity (ROE) at 38.92%. It has a price to earnings ratio (P/E ratio) of 21.82 while having a 15.07 of forward P/E ratio. Stock’s beta reads 1.28. Stock has a price to book (P/B) ratio of 7.61 while price to sale or P/S ratio amounts to 5.02. Its return on asset (ROA) is 17.34% on average.
