GlobalFoundries Inc (NASDAQ: GFS) kicked off on Friday, down -3.42% from the previous trading day, before settling in for the closing price of $42.75. Over the past 52 weeks, GFS has traded in a range of $35.85-$62.61.
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A company in the Technology sector has jumped its sales by 5.46% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded -31.19%. With a float of $105.12 million, this company’s outstanding shares have now reached $553.55 million.
In an organization with 12000 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 25.49%, operating margin of 12.18%, and the pretax margin is 12.05%.
GlobalFoundries Inc (GFS) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Semiconductors Industry. The insider ownership of GlobalFoundries Inc is 81.08%, while institutional ownership is 18.41%. The most recent insider transaction that took place on Oct 02 ’24, was worth 188,606. Before that another transaction happened on Aug 07 ’24, when Company’s Director proposed sale 1,823 for $44.33, making the entire transaction worth $80,814.
GlobalFoundries Inc (GFS) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -31.19% per share during the next fiscal year.
GlobalFoundries Inc (NASDAQ: GFS) Trading Performance Indicators
Take a look at GlobalFoundries Inc’s (GFS) current performance indicators. Last quarter, stock had a quick ratio of 1.76. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.27. Likewise, its price to free cash flow for the trailing twelve months is 17.68.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.33, a number that is poised to hit 0.45 in the next quarter and is forecasted to reach 1.79 in one year’s time.
Technical Analysis of GlobalFoundries Inc (GFS)
Let’s dig in a bit further. During the last 5-days, its volume was 1.93 million. That was better than the volume of 1.63 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 50.21%. Additionally, its Average True Range was 2.05.
During the past 100 days, GlobalFoundries Inc’s (GFS) raw stochastic average was set at 20.82%, which indicates a significant decrease from 48.18% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 90.37% in the past 14 days, which was higher than the 51.89% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $40.26, while its 200-day Moving Average is $47.89. However, in the short run, GlobalFoundries Inc’s stock first resistance to watch stands at $42.58. Second resistance stands at $43.87. The third major resistance level sits at $44.87. If the price goes on to break the first support level at $40.29, it is likely to go to the next support level at $39.29. The third support level lies at $38.00 if the price breaches the second support level.
GlobalFoundries Inc (NASDAQ: GFS) Key Stats
The company with the Market Capitalisation of 22.15 billion has total of 551,765K Shares Outstanding. Its annual sales at the moment are 7,392 M in contrast with the sum of 1,020 M annual income. Company’s last quarter sales were recorded 1,739 M and last quarter income was 177,000 K.
