On Friday, GlobalFoundries Inc (NASDAQ: GFS) opened higher 0.93% from the last session, before settling in for the closing price of $42.85. Price fluctuations for GFS have ranged from $35.85 to $62.61 over the past 52 weeks.
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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. Company’s average yearly earnings per share was noted -30.77% at the time writing. 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
A key investor’s attitude towards the stock of the Semiconductors industry is another important factor to consider. The insider ownership of GlobalFoundries Inc is 81.08%, while institutional ownership is 18.42%. 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 -30.77% per share during the next fiscal year.
GlobalFoundries Inc (NASDAQ: GFS) Trading Performance Indicators
Check out the current performance indicators for GlobalFoundries Inc (GFS). In the past quarter, the stock posted a quick ratio of 1.76. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.58. Likewise, its price to free cash flow for the trailing twelve months is 19.35.
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 1.77 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 1.67 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 47.65%. Additionally, its Average True Range was 1.79.
During the past 100 days, GlobalFoundries Inc’s (GFS) raw stochastic average was set at 28.32%, which indicates a significant decrease from 54.60% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 36.75% in the past 14 days, which was lower than the 52.34% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $40.79, while its 200-day Moving Average is $47.39. However, in the short run, GlobalFoundries Inc’s stock first resistance to watch stands at $43.67. Second resistance stands at $44.10. The third major resistance level sits at $44.60. If the price goes on to break the first support level at $42.74, it is likely to go to the next support level at $42.24. The third support level lies at $41.82 if the price breaches the second support level.
GlobalFoundries Inc (NASDAQ: GFS) Key Stats
There are currently 551,765K shares outstanding in the company with a market cap of 24.25 billion. Presently, the company’s annual sales total 7,392 M according to its annual income of 1,020 M. Last quarter, the company’s sales amounted to 1,739 M and its income totaled 177,000 K.
