Intel Corp (NASDAQ:INTC) currently has a daily average trading volume of 74.18M but it saw 76901601 shares traded in last market. With a market cap of 85.18B USD, the company’s current market price of $19.75 came falling about -0.25 while comparing to the previous closing price of $19.80. In past 52 weeks, the stock remained buoying in the range of price level as high as $46.63 and as low as $18.51. In the recent trading on the day, stock has struck highest price mark of $19.66 while lowest mark touched by it was $20.08.
Taking a look at 20-day trading activity of Intel Corp (INTC) gives us an average price of $20.24, while its current price level is -57.64% below from 52-week high level whereas it is 6.70% 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 $21.31 while that of 200 days or SMA-200 reads an average of $25.56. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.96% during that period while stretching the period over a month that increases to 3.06%. 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 42.57 which implies that the stock is in neutral territory.
Mizuho downgraded its recommendation for the stock as a “Neutral” from “Outperform” on August 08, 2024 while assigning a price target range of $36-$22.
Over the week, INTC’s stock price is moving -9.65% down while it is -3.38% when we observe its performance for the past one month. Year-to-date it is -1.50% down and over the past year, the stock is showing a downside performance of -54.75%.
The company is expected to be releasing its next quarterly report in February, for which analysts forecasted an EPS of 0.12 while estimate for next year EPS is -0.14. In next quarter, company is expected to be making quarterly sales of $12.86B as analysts are expecting the sales for current fiscal year at $52.64B and seeing the company making $55.54B in sales next year. Moreover, analysts are in estimates of $13.83B for current-quarter revenue.
Currently, Intel Corp’s total number of outstanding shares is 4.31B with 0.06% of that held by the insiders while 65.07% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -10.93% and return on equity (ROE) at -15.85%. It has a 21.22 of forward P/E ratio. Stock’s beta reads 1.07. Stock has a price to book (P/B) ratio of 0.86 while price to sale or P/S ratio amounts to 1.57. Its return on asset (ROA) is -8.35% on average.
