As on Wednesday, Western Digital Corp. (NASDAQ: WDC) started slowly as it slid -1.87% to $67.02, before settling in for the price of $68.30 at the close. Taking a more long-term approach, WDC posted a 52-week range of $38.43-$81.55.
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The company of the Technology sector’s yearbook sales growth during the past 5- year span was recorded -3.14%. Meanwhile, its Annual Earning per share during the time was -0.24%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 3853.02%. This publicly-traded company’s shares outstanding now amounts to $343.00 million, simultaneously with a float of $340.77 million. The organization now has a market capitalization sitting at $23.17 billion. At the time of writing, stock’s 50-day Moving Average stood at $65.62, while the 200-day Moving Average is $67.01.
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 1.42%, in contrast to 96.86% institutional ownership. According to the most recent insider trade that took place on Oct 29 ’24, this organization’s EVP & GM, Flash Business sold 30,767 shares at the rate of 68.01, making the entire transaction reach 2,092,519 in total value, affecting insider ownership by 135,398.
Western Digital Corp. (WDC) Earnings and Revenue Records
Western Digital Corp.’s EPS increase for this current 12-month fiscal period is 3853.02% and is forecasted to reach 9.24 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will decrease by -10.00% through the next 5 years, which can be compared against the -0.24% growth it accomplished over the previous five years trading on the market.
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 0.91. The Stock has managed to achieve an average true range (ATR) of 2.26. Alongside those numbers, its PE Ratio stands at $40.85, and its Beta score is 1.39. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.61.
In the same vein, WDC’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.64, a figure that is expected to reach 1.91 in the next quarter, and analysts are predicting that it will be 9.24 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 9.06 million was better the volume of 6.18 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 31.88% While, its Average True Range was 2.39.
Raw Stochastic average of Western Digital Corp. (WDC) in the period of the previous 100 days is set at 49.51%, which indicates a major rise in contrast to 34.01% 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 28.11% that was lower than 41.79% volatility it exhibited in the past 100-days period.
