Western Digital Corp (NASDAQ:WDC) currently has a daily average trading volume of 8.54M but it saw 4714244 shares traded in last market. With a market cap of 14.53B USD, the company’s current market price of $41.78 came rising about 2.18 while comparing to the previous closing price of $40.89. In past 52 weeks, the stock remained buoying in the range of price level as high as $61.62 and as low as $39.10. In the recent trading on the day, stock has struck highest price mark of $40.26 while lowest mark touched by it was $42.225.
Taking a look at 20-day trading activity of Western Digital Corp (WDC) gives us an average price of $42.66, while its current price level is -32.20% below from 52-week high level whereas it is 6.86% 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 $46.77 while that of 200 days or SMA-200 reads an average of $49.47. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.50% during that period while stretching the period over a month that increases to 3.53%. 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 40.46 which implies that the stock is in neutral territory.
Over the week, WDC’s stock price is moving -1.97% down while it is -6.39% when we observe its performance for the past one month. Year-to-date it is -7.27% down and over the past year, the stock is showing a downside performance of -21.96%.
The company is expected to be releasing its next quarterly report on 2025-Jan-28, for which analysts forecasted an EPS of 1.11 while estimate for next year EPS is 4.58. 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 $9.29B and seeing the company making $9.78B 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 98.71% 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 9.97 while having a 7.76 of forward P/E ratio. Stock’s beta reads 1.45. Stock has a price to book (P/B) ratio of 1.20 while price to sale or P/S ratio amounts to 0.93. Its return on asset (ROA) is 6.23% on average.
