Witnessing the stock’s movement on the chart, on Thursday, Western Digital Corp. (NASDAQ: WDC) had a quiet start as it plunged -0.09% to $63.25, before settling in for the price of $63.31 at the close. Taking a more long-term approach, WDC posted a 52-week range of $35.62-$81.55.
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In the past 5-years timespan, the Technology sector firm’s annual sales growth was -3.14%. Meanwhile, its Annual Earning per share during the time was -0.24%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 4016.98%. This publicly-traded company’s shares outstanding now amounts to $343.00 million, simultaneously with a float of $338.33 million. The organization now has a market capitalization sitting at $21.72 billion. At the time of writing, stock’s 50-day Moving Average stood at $66.50, while the 200-day Moving Average is $64.14.
Western Digital Corp. (WDC) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Computer Hardware industry. Western Digital Corp.’s current insider ownership accounts for 1.49%, in contrast to 97.74% institutional ownership. According to the most recent insider trade that took place on Sep 04 ’24, this organization’s SVP & Princ. Acctg Officer sold 2,169 shares at the rate of 61.96, making the entire transaction reach 134,391 in total value, affecting insider ownership by 32,601.
Western Digital Corp. (WDC) Earnings and Revenue Records
Western Digital Corp.’s EPS increase for this current 12-month fiscal period is 4016.98% and is forecasted to reach 9.15 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 0.78. The Stock has managed to achieve an average true range (ATR) of 2.23. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.67.
In the same vein, WDC’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.88, a figure that is expected to reach 1.71 in the next quarter, and analysts are predicting that it will be 9.15 at the market close of one year from today.
Technical Analysis of Western Digital Corp. (WDC)
Going through the that latest performance of [Western Digital Corp., WDC]. Its last 5-days volume of 3.84 million was inferior to the volume of 6.35 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 54.77% While, its Average True Range was 2.10.
Raw Stochastic average of Western Digital Corp. (WDC) in the period of the previous 100 days is set at 36.41%, which indicates a major fall in contrast to 57.12% 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 32.47% that was lower than 41.35% volatility it exhibited in the past 100-days period.
