Seagate Technology Holdings Plc (STX) 20 Days SMA touch -6.36%: Odds are Looking very much in favour

Seagate Technology Holdings Plc (NASDAQ: STX) flaunted slowness of -0.90% at $83.44, before settling in for the price of $84.20 at the close. Taking a more long-term approach, STX posted a 52-week range of $54.32-$101.26.

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The Technology Sector giants’ yearly sales growth during the last 5-year period was -6.36%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 307.43%. This publicly-traded company’s shares outstanding now amounts to $209.51 million, simultaneously with a float of $208.35 million. The organization now has a market capitalization sitting at $17.48 billion. At the time of writing, stock’s 50-day Moving Average stood at $89.40, while the 200-day Moving Average is $76.45.

Seagate Technology Holdings Plc (STX) Ownership Facts and Figures

Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Seagate Technology Holdings Plc industry. Seagate Technology Holdings Plc’s current insider ownership accounts for 0.55%, in contrast to 95.82% institutional ownership. According to the most recent insider trade that took place on Mar 09 ’24, this organization’s Chief Executive Officer sold 1,000 shares at the rate of 92.69, making the entire transaction reach 92,690 in total value, affecting insider ownership by 672,192. Preceding that transaction, on Mar 09 ’24, Company’s EVP & CFO sold 485 for 92.69, making the whole transaction’s value amount to 44,955. This particular insider is now the holder of 72,877 in total.

Seagate Technology Holdings Plc (STX) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of 20.06 per share during the current fiscal year.

Seagate Technology Holdings Plc’s EPS increase for this current 12-month fiscal period is 307.43% and is forecasted to reach 5.01 in the upcoming year.

Seagate Technology Holdings Plc (NASDAQ: STX) Trading Performance Indicators

Let’s observe the current performance indicators for Seagate Technology Holdings Plc (STX). It’s Quick Ratio in the last reported quarter now stands at 0.62. The Stock has managed to achieve an average true range (ATR) of 2.84. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.70. Similarly, its price to free cash flow for trailing twelve months is now 35.10.

In the same vein, STX’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -3.51, a figure that is expected to reach 0.29 in the next quarter, and analysts are predicting that it will be 5.01 at the market close of one year from today.

Technical Analysis of Seagate Technology Holdings Plc (STX)

Now, what If we examine the latest scores posted by [Seagate Technology Holdings Plc, STX]. During the last 5-days, its volume was lower the volume of 2.75 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 7.88% While, its Average True Range was 2.78.

Raw Stochastic average of Seagate Technology Holdings Plc (STX) in the period of the previous 100 days is set at 30.44%, which indicates a major rise in contrast to 3.71% 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 21.01% that was lower than 29.39% volatility it exhibited in the past 100-days period.