As on Wednesday, Western Digital Corp. (NASDAQ: WDC) started slowly as it slid -0.24% to $77.86, before settling in for the price of $78.05 at the close. Taking a more long-term approach, WDC posted a 52-week range of $35.62-$81.55.
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The Technology Sector giants’ yearly sales growth during the last 5-year period was -5.32%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 82.04%. This publicly-traded company’s shares outstanding now amounts to $322.00 million, simultaneously with a float of $320.38 million. The organization now has a market capitalization sitting at $25.42 billion. At the time of writing, stock’s 50-day Moving Average stood at $74.47, while the 200-day Moving Average is $58.77.
Western Digital Corp. (WDC) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Computer Hardware industry. Western Digital Corp.’s current insider ownership accounts for 1.88%, in contrast to 93.20% institutional ownership. According to the most recent insider trade that took place on Jun 17 ’24, this organization’s SVP, Global Accounting & Chief sold 219 shares at the rate of 78.00, making the entire transaction reach 17,082 in total value, affecting insider ownership by 29,507. Preceding that transaction, on Jun 04 ’24, Company’s EVP & GM, Flash Business sold 26,853 for 73.48, making the whole transaction’s value amount to 1,973,215. This particular insider is now the holder of 144,623 in total.
Western Digital Corp. (WDC) Earnings and Revenue Records
Western Digital Corp.’s EPS increase for this current 12-month fiscal period is 82.04% and is forecasted to reach 8.10 in the upcoming year.
Western Digital Corp. (NASDAQ: WDC) Trading Performance Indicators
Let’s observe the current performance indicators for Western Digital Corp. (WDC). It’s Quick Ratio in the last reported quarter now stands at 1.07. The Stock has managed to achieve an average true range (ATR) of 2.41. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.13.
In the same vein, WDC’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -5.03, a figure that is expected to reach 1.15 in the next quarter, and analysts are predicting that it will be 8.10 at the market close of one year from today.
Technical Analysis of Western Digital Corp. (WDC)
Through scrutinizing the latest numbers posted by the [Western Digital Corp., WDC], it can be observed that its last 5-days Average volume of 4.24 million was lower the volume of 6.45 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 59.77% While, its Average True Range was 2.37.
Raw Stochastic average of Western Digital Corp. (WDC) in the period of the previous 100 days is set at 86.88%, which indicates a major rise in contrast to 51.42% 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 30.15% that was lower than 34.71% volatility it exhibited in the past 100-days period.
