Western Digital Corp (NASDAQ:WDC) currently has a daily average trading volume of 9.32M but it saw 20020522 shares traded in last market. With a market cap of 12.63B USD, the company’s current market price of $36.30 came rising about 15.06 while comparing to the previous closing price of $31.55. In past 52 weeks, the stock remained buoying in the range of price level as high as $61.62 and as low as $28.83. In the recent trading on the day, stock has struck highest price mark of $30.57 while lowest mark touched by it was $37.369.
Taking a look at 20-day trading activity of Western Digital Corp (WDC) gives us an average price of $40.42, while its current price level is -41.09% below from 52-week high level whereas it is 25.91% 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 $45.07 while that of 200 days or SMA-200 reads an average of $48.83. A closer look into the stock’s movement over the week reveals that its volatility is standing at 15.40% during that period while stretching the period over a month that decreases to 6.12%. 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 40.01 which implies that the stock is in neutral territory.
Over the week, WDC’s stock price is moving -13.12% down while it is -13.16% when we observe its performance for the past one month. Year-to-date it is -19.44% down and over the past year, the stock is showing a downside performance of -34.15%.
The company is expected to be releasing its next quarterly report on 2025-Jan-28, for which analysts forecasted an EPS of 1.13 while estimate for next year EPS is 4.55. In next quarter, company is expected to be making quarterly sales of $2.39B as analysts are expecting the sales for current fiscal year at $9.84B and seeing the company making $10.03B in sales next year. Moreover, analysts are in estimates of $2.74B 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 98.62% 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 8.66 while having a 6.62 of forward P/E ratio. Stock’s beta reads 1.49. Stock has a price to book (P/B) ratio of 1.04 while price to sale or P/S ratio amounts to 0.81. Its return on asset (ROA) is 6.23% on average.
