Applied Materials Inc (NASDAQ:AMAT) currently has a daily average trading volume of 6.72M but it saw 2595657 shares traded in last market. With a market cap of 137.74B USD, the company’s current market price of $168.37 came rising about 0.54 while comparing to the previous closing price of $167.46. In past 52 weeks, the stock remained buoying in the range of price level as high as $255.89 and as low as $148.05. In the recent trading on the day, stock has struck highest price mark of $166.9 while lowest mark touched by it was $168.72.
Taking a look at 20-day trading activity of Applied Materials Inc (AMAT) gives us an average price of $171.38, while its current price level is -34.20% below from 52-week high level whereas it is 13.73% 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 $178.19 while that of 200 days or SMA-200 reads an average of $201.26. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.10% during that period while stretching the period over a month that decreases to 2.78%. 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 44.43 which implies that the stock is in neutral territory.
Morgan Stanley downgraded its recommendation for the stock as a “Underweight” from “Equal-Weight” on December 05, 2024 while assigning a price target range of $179-$164. TD Cowen issued its recommendations for the stock as it reiterated the price target for the stock in the range of between $250 and $230.
Over the week, AMAT’s stock price is moving -1.09% down while it is -3.66% when we observe its performance for the past one month. Year-to-date it is 3.96% up and over the past year, the stock is showing an upside performance of 3.97%.
Currently, Applied Materials Inc’s total number of outstanding shares is 818.00M. Company’s return on investment (ROI) stands at 29.03% and return on equity (ROE) at 40.61%. It has a price to earnings ratio (P/E ratio) of 19.56 while having a 16.11 of forward P/E ratio. Stock’s beta reads 1.52. Stock has a price to book (P/B) ratio of 7.25 while price to sale or P/S ratio amounts to 5.07. Its return on asset (ROA) is 22.04% on average.
