Broadcom Inc (NASDAQ: AVGO) started the day on Wednesday, with a price increase of 0.71% at $1592.00, before settling in for the price of $1580.79 at the close. Taking a more long-term approach, AVGO posted a 52-week range of $795.09-$1851.62.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
The company of the Technology sector’s yearbook sales growth during the past 5- year span was recorded 11.57%. Meanwhile, its Annual Earning per share during the time was 2.37%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 12.93%. This publicly-traded company’s shares outstanding now amounts to $465.49 million, simultaneously with a float of $455.99 million. The organization now has a market capitalization sitting at $741.06 billion. At the time of writing, stock’s 50-day Moving Average stood at $1,407.16, while the 200-day Moving Average is $1,164.53.
Broadcom Inc (AVGO) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Semiconductors Industry. Broadcom Inc’s current insider ownership accounts for 2.04%, in contrast to 77.85% institutional ownership. According to the most recent insider trade that took place on Jun 20 ’24, this organization’s Director sold 254 shares at the rate of 1750.26, making the entire transaction reach 444,566 in total value, affecting insider ownership by 2,748. Preceding that transaction, on Jun 17 ’24, Company’s President, Semi Solutions Grp sold 2,520 for 1830.95, making the whole transaction’s value amount to 4,613,997. This particular insider is now the holder of 77,848 in total.
Broadcom Inc (AVGO) Earnings and Revenue Records
Broadcom Inc’s EPS increase for this current 12-month fiscal period is 12.93% and is forecasted to reach 60.28 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 17.70% through the next 5 years, which can be compared against the 2.37% growth it accomplished over the previous five years trading on the market.
Broadcom Inc (NASDAQ: AVGO) Trading Performance Indicators
Let’s observe the current performance indicators for Broadcom Inc (AVGO). It’s Quick Ratio in the last reported quarter now stands at 1.16. The Stock has managed to achieve an average true range (ATR) of 61.19. Alongside those numbers, its PE Ratio stands at $68.49, and its Beta score is 1.19. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 17.39. Similarly, its price to free cash flow for trailing twelve months is now 40.14.
In the same vein, AVGO’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 23.24, a figure that is expected to reach 12.10 in the next quarter, and analysts are predicting that it will be 60.28 at the market close of one year from today.
Technical Analysis of Broadcom Inc (AVGO)
If we take a close look at the recent performances of Broadcom Inc (NASDAQ: AVGO), its last 5-days Average volume was 6.6 million that shows progress from its year to date volume of 3.15 million. During the previous 9 days, stock’s Stochastic %D was recorded 25.99% While, its Average True Range was 65.64.
Raw Stochastic average of Broadcom Inc (AVGO) in the period of the previous 100 days is set at 60.31%, which indicates a major rise in contrast to 43.97% 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 64.24% that was higher than 43.85% volatility it exhibited in the past 100-days period.
