Skyworks Solutions, Inc (NASDAQ:SWKS) currently has a daily average trading volume of 4.04M but it saw 4711870 shares traded in last market. With a market cap of 8.58B USD, the company’s current market price of $55.86 came falling about -2.68 while comparing to the previous closing price of $57.40. In past 52 weeks, the stock remained buoying in the range of price level as high as $120.86 and as low as $47.93. In the recent trading on the day, stock has struck highest price mark of $53.79 while lowest mark touched by it was $56.88.
Taking a look at 20-day trading activity of Skyworks Solutions, Inc (SWKS) gives us an average price of $60.93, while its current price level is -53.78% below from 52-week high level whereas it is 16.54% 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 $65.19 while that of 200 days or SMA-200 reads an average of $89.27. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.82% during that period while stretching the period over a month that decreases to 6.25%. 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 40.93 which implies that the stock is in neutral territory.
Stifel downgraded its recommendation for the stock as a “Hold” from “Buy” on February 06, 2025 while assigning a price target range of $105-$62. Rosenblatt also issued its recommendations for the stock as it downgraded the price target for the stock is $80.
Over the week, SWKS’s stock price is moving -7.32% down while it is -21.19% when we observe its performance for the past one month. Year-to-date it is -37.01% down and over the past year, the stock is showing a downside performance of -44.27%.
Currently, Skyworks Solutions, Inc’s total number of outstanding shares is 160.70M with 0.42% of that held by the insiders while 101.76% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 6.95% and return on equity (ROE) at 8.34%. It has a price to earnings ratio (P/E ratio) of 17.12 while having a 13.52 of forward P/E ratio. Stock’s beta reads 1.20. Stock has a price to book (P/B) ratio of 1.40 while price to sale or P/S ratio amounts to 2.12. Its return on asset (ROA) is 6.36% on average.
