Netgear Inc (NASDAQ:NTGR) currently has a daily average trading volume of 406.23K but it saw 198999 shares traded in last market. With a market cap of 638.29M USD, the company’s current market price of $22.11 came falling about -0.36 while comparing to the previous closing price of $22.19. In past 52 weeks, the stock remained buoying in the range of price level as high as $31.55 and as low as $10.48. In the recent trading on the day, stock has struck highest price mark of $21.96 while lowest mark touched by it was $22.49.
Taking a look at 20-day trading activity of Netgear Inc (NTGR) gives us an average price of $23.05, while its current price level is -29.92% below from 52-week high level whereas it is 110.97% 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 $24.80 while that of 200 days or SMA-200 reads an average of $22.07. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.77% during that period while stretching the period over a month that increases to 5.64%. 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 43.46 which implies that the stock is in neutral territory.
BWS Financial upgraded its recommendation for the stock as a “Buy” from “Neutral” on July 28, 2022 while assigning a price target of $30. BWS Financial also issued its recommendations for the stock as it downgraded the price target for the stock is $30.
Over the week, NTGR’s stock price is moving -0.05% down while it is -10.81% when we observe its performance for the past one month. Year-to-date it is -20.67% down and over the past year, the stock is showing an upside performance of 57.37%.
Currently, Netgear Inc’s total number of outstanding shares is 28.50M. Company’s return on investment (ROI) stands at 2.20% and return on equity (ROE) at 2.30%. It has a price to earnings ratio (P/E ratio) of 56.91. Stock’s beta reads 1.11. Stock has a price to book (P/B) ratio of 1.16 while price to sale or P/S ratio amounts to 0.95. Its return on asset (ROA) is 1.45% on average.
