Putting The Spotlight On Nasdaq Inc (NDAQ)

Nasdaq Inc (NASDAQ:NDAQ) currently has a daily average trading volume of 2.68M but it saw 1842227 shares traded in last market. With a market cap of 45.47B USD, the company’s current market price of $79.12 came rising about 0.25 while comparing to the previous closing price of $78.92. In past 52 weeks, the stock remained buoying in the range of price level as high as $83.77 and as low as $54.90. In the recent trading on the day, stock has struck highest price mark of $78.38 while lowest mark touched by it was $79.4.

Taking a look at 20-day trading activity of Nasdaq Inc (NDAQ) gives us an average price of $80.15, while its current price level is -5.55% below from 52-week high level whereas it is 44.12% 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 $78.40 while that of 200 days or SMA-200 reads an average of $68.17. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.57% during that period while stretching the period over a month that decreases to 1.56%. 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 49.24 which implies that the stock is in neutral territory.

Raymond James upgraded its recommendation for the stock as a “Outperform” from “Mkt Perform” on October 14, 2024 while assigning a price target of $82. RBC Capital Mkts also issued its recommendations for the stock as it initiated the price target for the stock is $88.

Over the week, NDAQ’s stock price is moving 2.13% up while it is -2.94% when we observe its performance for the past one month. Year-to-date it is 36.09% up and over the past year, the stock is showing an upside performance of 37.29%.

Currently, Nasdaq Inc’s total number of outstanding shares is 574.74M. Company’s return on investment (ROI) stands at 4.60% and return on equity (ROE) at 10.94%. It has a price to earnings ratio (P/E ratio) of 47.27 while having a 25.03 of forward P/E ratio. Stock’s beta reads 0.98. Stock has a price to book (P/B) ratio of 4.11 while price to sale or P/S ratio amounts to 6.48. Its return on asset (ROA) is 3.49% on average.