Seagate Technology Holdings Plc (STX) is 8.23% away from 50-day simple Moving Average despite all headwinds

Witnessing the stock’s movement on the chart, on Thursday, Seagate Technology Holdings Plc (NASDAQ: STX) set off with pace as it heaved 0.64% to $112.45, before settling in for the price of $111.73 at the close. Taking a more long-term approach, STX posted a 52-week range of $64.12-$115.32.

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The Technology sector firm’s twelve-monthly sales growth has been -7.20% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was -25.87%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 436.65%. This publicly-traded company’s shares outstanding now amounts to $210.18 million, simultaneously with a float of $209.48 million. The organization now has a market capitalization sitting at $23.67 billion. At the time of writing, stock’s 50-day Moving Average stood at $103.90, while the 200-day Moving Average is $95.65.

Seagate Technology Holdings Plc (STX) Ownership Facts and Figures

Nothing is more important than checking the behaviour of major investors towards the stock of the Computer Hardware industry. Seagate Technology Holdings Plc’s current insider ownership accounts for 0.48%, in contrast to 89.93% institutional ownership. According to the most recent insider trade that took place on Oct 01 ’24, this organization’s Chief Executive Officer sold 20,000 shares at the rate of 107.68, making the entire transaction reach 2,153,639 in total value, affecting insider ownership by 648,616.

Seagate Technology Holdings Plc (STX) Earnings and Revenue Records

Seagate Technology Holdings Plc’s EPS increase for this current 12-month fiscal period is 436.65% and is forecasted to reach 9.11 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 53.81% through the next 5 years, which can be compared against the -25.87% growth it accomplished over the previous five years trading on the market.

Seagate Technology Holdings Plc (NASDAQ: STX) Trading Performance Indicators

Let’s observe the current performance indicators for Seagate Technology Holdings Plc (STX). It’s Quick Ratio in the last reported quarter now stands at 0.68. The Stock has managed to achieve an average true range (ATR) of 2.67. Alongside those numbers, its PE Ratio stands at $73.60, and its Beta score is 1.06. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 3.61. Similarly, its price to free cash flow for trailing twelve months is now 35.65.

In the same vein, STX’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.53, a figure that is expected to reach 1.45 in the next quarter, and analysts are predicting that it will be 9.11 at the market close of one year from today.

Technical Analysis of Seagate Technology Holdings Plc (STX)

Going through the that latest performance of [Seagate Technology Holdings Plc, STX]. Its last 5-days volume of 1.63 million was inferior to the volume of 2.49 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 69.17% While, its Average True Range was 2.63.

Raw Stochastic average of Seagate Technology Holdings Plc (STX) in the period of the previous 100 days is set at 88.67%, which indicates a major rise in contrast to 73.43% 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 17.64% that was lower than 31.62% volatility it exhibited in the past 100-days period.