Broadcom Inc (NASDAQ: AVGO) started the day on Thursday, with a price decrease of -0.84% at $152.82, before settling in for the price of $154.12 at the close. Taking a more long-term approach, AVGO posted a 52-week range of $79.51-$185.16.
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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 14.01%. This publicly-traded company’s shares outstanding now amounts to $4.65 billion, simultaneously with a float of $4.56 billion. The organization now has a market capitalization sitting at $711.36 billion. At the time of writing, stock’s 50-day Moving Average stood at $158.98, while the 200-day Moving Average is $134.17.
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 2.03%, in contrast to 76.85% institutional ownership. According to the most recent insider trade that took place on Jul 11 ’24, this organization’s President and CEO sold 7,502 shares at the rate of 1705.95, making the entire transaction reach 12,798,037 in total value, affecting insider ownership by 138,191. Preceding that transaction, on Jun 20 ’24, Company’s Director sold 254 for 1750.26, making the whole transaction’s value amount to 444,566. This particular insider is now the holder of 2,748 in total.
Broadcom Inc (AVGO) Earnings and Revenue Records
Broadcom Inc’s EPS increase for this current 12-month fiscal period is 14.01% and is forecasted to reach 6.16 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 17.80% 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 7.58. Alongside those numbers, its PE Ratio stands at $65.75, 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 16.69. Similarly, its price to free cash flow for trailing twelve months is now 38.53.
In the same vein, AVGO’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 2.32, a figure that is expected to reach 1.38 in the next quarter, and analysts are predicting that it will be 6.16 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 27.55 million that shows plunge from its year to date volume of 31.09 million. During the previous 9 days, stock’s Stochastic %D was recorded 15.75% While, its Average True Range was 7.54.
Raw Stochastic average of Broadcom Inc (AVGO) in the period of the previous 100 days is set at 50.55%, which indicates a major rise in contrast to 15.77% 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 39.27% that was lower than 52.82% volatility it exhibited in the past 100-days period.
