Silicon Motion Technology Corp ADR (NASDAQ: SIMO) on Tuesday, plunged -4.30% from the previous trading day, before settling in for the closing price of $55.81. Within the past 52 weeks, SIMO’s price has moved between $50.50 and $85.87.
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Annual sales at Technology sector company grew by 9.06% over the past five years. The company achieved an average annual earnings per share of 41.59%. With a float of $33.40 million, this company’s outstanding shares have now reached $33.42 million.
Let’s look at the performance matrix of the company that is accounted for 1546 employees. In terms of profitability, gross margin is 45.37%, operating margin of 11.37%, and the pretax margin is 12.82%.
Silicon Motion Technology Corp ADR (SIMO) Insider and Institutional Ownership
Observing investor behavior towards Semiconductors industry stocks is more important than anything else. The insider ownership of Silicon Motion Technology Corp ADR is 0.07%, while institutional ownership is 85.39%.
Silicon Motion Technology Corp ADR (SIMO) Latest Financial update
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.93 earnings per share (EPS) for the period topping the consensus outlook (set at 0.76) by 0.17. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.7 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 41.59% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 17.10% during the next five years compared to -10.22% drop over the previous five years of trading.
Silicon Motion Technology Corp ADR (NASDAQ: SIMO) Trading Performance Indicators
Silicon Motion Technology Corp ADR (SIMO) is currently performing well based on its current performance indicators. A quick ratio of 3.43 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.19. Likewise, its price to free cash flow for the trailing twelve months is 21.97.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.64, a number that is poised to hit 0.75 in the next quarter and is forecasted to reach 3.81 in one year’s time.
Technical Analysis of Silicon Motion Technology Corp ADR (SIMO)
Silicon Motion Technology Corp ADR (NASDAQ: SIMO) saw its 5-day average volume 0.4 million, a positive change from its year-to-date volume of 0.38 million. As of the previous 9 days, the stock’s Stochastic %D was 71.35%. Additionally, its Average True Range was 2.08.
During the past 100 days, Silicon Motion Technology Corp ADR’s (SIMO) raw stochastic average was set at 8.84%, which indicates a significant decrease from 46.41% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 47.18% in the past 14 days, which was higher than the 43.53% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $56.30, while its 200-day Moving Average is $68.72. Nevertheless, the first resistance level for the watch stands at $55.57 in the near term. At $57.72, the stock is likely to face the second major resistance level. The third major resistance level sits at $59.10. If the price goes on to break the first support level at $52.04, it is likely to go to the next support level at $50.66. The third support level lies at $48.51 if the price breaches the second support level.
Silicon Motion Technology Corp ADR (NASDAQ: SIMO) Key Stats
Market capitalization of the company is 1.78 billion based on 33,682K outstanding shares. Right now, sales total 639,140 K and income totals 52,870 K. The company made 212,410 K in profit during its latest quarter, and 20,840 K in sales during its previous quarter.
