As on Thursday, Qorvo Inc (NASDAQ: QRVO) got off with the flyer as it spiked 0.27% to $104.28, before settling in for the price of $104.00 at the close. Taking a more long-term approach, QRVO posted a 52-week range of $80.62-$130.99.
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The company of the Technology sector’s yearbook sales growth during the past 5- year span was recorded 5.38%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -1.56%. This publicly-traded company’s shares outstanding now amounts to $95.80 million, simultaneously with a float of $94.13 million. The organization now has a market capitalization sitting at $9.89 billion. At the time of writing, stock’s 50-day Moving Average stood at $106.15, while the 200-day Moving Average is $109.17.
Qorvo Inc (QRVO) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Semiconductors industry. Qorvo Inc’s current insider ownership accounts for 0.77%, in contrast to 92.00% institutional ownership. According to the most recent insider trade that took place on Sep 06 ’24, this organization’s VP and Corporate Controller sold 689 shares at the rate of 107.67, making the entire transaction reach 74,185 in total value, affecting insider ownership by 21,601.
Qorvo Inc (QRVO) Earnings and Revenue Records
Qorvo Inc’s EPS decrease for this current 12-month fiscal period is -1.56% and is forecasted to reach 7.90 in the upcoming year.
Qorvo Inc (NASDAQ: QRVO) Trading Performance Indicators
Let’s observe the current performance indicators for Qorvo Inc (QRVO). It’s Quick Ratio in the last reported quarter now stands at 1.36. The Stock has managed to achieve an average true range (ATR) of 3.07. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.47. Similarly, its price to free cash flow for trailing twelve months is now 13.31.
In the same vein, QRVO’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.29, a figure that is expected to reach 1.85 in the next quarter, and analysts are predicting that it will be 7.90 at the market close of one year from today.
Technical Analysis of Qorvo Inc (QRVO)
Through scrutinizing the latest numbers posted by the [Qorvo Inc, QRVO], it can be observed that its last 5-days Average volume of 1.29 million was lower the volume of 1.35 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 59.22% While, its Average True Range was 2.89.
Raw Stochastic average of Qorvo Inc (QRVO) in the period of the previous 100 days is set at 25.43%, which indicates a major fall in contrast to 63.16% 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 24.11% that was lower than 38.00% volatility it exhibited in the past 100-days period.
