Western Digital Corp (NASDAQ:WDC) currently has a daily average trading volume of 8.50M but it saw 6371044 shares traded in last market. With a market cap of 14.82B USD, the company’s current market price of $42.62 came falling about -1.77 while comparing to the previous closing price of $43.39. In past 52 weeks, the stock remained buoying in the range of price level as high as $61.62 and as low as $39.42. In the recent trading on the day, stock has struck highest price mark of $42.21 while lowest mark touched by it was $43.63.
Taking a look at 20-day trading activity of Western Digital Corp (WDC) gives us an average price of $44.02, while its current price level is -30.84% below from 52-week high level whereas it is 8.13% 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 $47.52 while that of 200 days or SMA-200 reads an average of $49.90. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.15% during that period while stretching the period over a month that increases to 4.00%. 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 39.56 which implies that the stock is in neutral territory.
Over the week, WDC’s stock price is moving -5.08% down while it is -13.14% when we observe its performance for the past one month. Year-to-date it is -5.41% down and over the past year, the stock is showing a downside performance of -11.79%.
The company is expected to be releasing its next quarterly report on 2025-Jan-28, for which analysts forecasted an EPS of 1.12 while estimate for next year EPS is 4.5. In next quarter, company is expected to be making quarterly sales of $2.34B as analysts are expecting the sales for current fiscal year at $9.3B and seeing the company making $9.85B in sales next year. Moreover, analysts are in estimates of $2.7B for current-quarter revenue.
Currently, Western Digital Corp’s total number of outstanding shares is 348.00M with 0.71% of that held by the insiders while 98.97% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 7.46% and return on equity (ROE) at 13.99%. It has a price to earnings ratio (P/E ratio) of 10.17 while having a 7.92 of forward P/E ratio. Stock’s beta reads 1.37. Stock has a price to book (P/B) ratio of 1.22 while price to sale or P/S ratio amounts to 0.95. Its return on asset (ROA) is 6.23% on average.
