Witnessing the stock’s movement on the chart, on March 16, 2023, Silicon Motion Technology Corporation (NASDAQ: SIMO) set off with pace as it heaved 8.31% to $64.53. During the day, the stock rose to $65.58 and sunk to $59.19 before settling in for the price of $59.58 at the close. Taking a more long-term approach, SIMO posted a 52-week range of $51.82-$98.65.
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The company of the Technology sector’s yearbook sales growth during the past 5- year span was recorded 12.60%. Meanwhile, its Annual Earning per share during the time was 19.90%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -9.60%. This publicly-traded company’s shares outstanding now amounts to $33.05 million, simultaneously with a float of $27.91 million. The organization now has a market capitalization sitting at $2.17 billion. At the time of writing, stock’s 50-day Moving Average stood at $65.82, while the 200-day Moving Average is $70.78.
It is imperative to bring your focus towards the efficiency factor of the conglomerate that has a total of 1434 employees. For the Profitability, stocks gross margin was +49.25, operating margin was +22.66 and Pretax Margin of +22.47.
Silicon Motion Technology Corporation (SIMO) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Semiconductors industry. Silicon Motion Technology Corporation’s current insider ownership accounts for 7.40%, in contrast to 69.60% institutional ownership.
Silicon Motion Technology Corporation (SIMO) Earnings and Revenue Records
As on 12/30/2022, Multinational firm has announced its last quarter scores, in which it reported $1.22 earnings per share (EPS) for the period falling under the consensus outlook (set at $1.66) by -$0.44. This company achieved a net margin of +18.24 while generating a return on equity of 24.80. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.07 per share during the current fiscal year.
Silicon Motion Technology Corporation’s EPS decrease for this current 12-month fiscal period is -9.60% and is forecasted to reach 5.48 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 5.00% through the next 5 years, which can be compared against the 19.90% growth it accomplished over the previous five years trading on the market.
Silicon Motion Technology Corporation (NASDAQ: SIMO) Trading Performance Indicators
Let’s observe the current performance indicators for Silicon Motion Technology Corporation (SIMO). It’s Quick Ratio in the last reported quarter now stands at 2.70. The Stock has managed to achieve an average true range (ATR) of 2.08. Alongside those numbers, its PE Ratio stands at $7.24, and its Beta score is 0.92. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.30. Similarly, its price to free cash flow for trailing twelve months is now 2173.37.
In the same vein, SIMO’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 8.92, a figure that is expected to reach 0.77 in the next quarter, and analysts are predicting that it will be 5.48 at the market close of one year from today.
Technical Analysis of Silicon Motion Technology Corporation (SIMO)
Going through the that latest performance of [Silicon Motion Technology Corporation, SIMO]. Its last 5-days volume of 0.78 million indicated improvement to the volume of 0.4 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 25.37% While, its Average True Range was 2.30.
Raw Stochastic average of Silicon Motion Technology Corporation (SIMO) in the period of the previous 100 days is set at 65.55%, which indicates a major rise in contrast to 54.47% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 41.66% that was higher than 32.85% volatility it exhibited in the past 100-days period.