A new trading day began on Tuesday, with GlobalFoundries Inc (NASDAQ: GFS) stock price down -0.16% from the previous day of trading, before settling in for the closing price of $43.93. GFS’s price has ranged from $35.85 to $62.61 over the past 52 weeks.
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During the last 5-year period, the sales growth of Technology Sector giant was 5.46%. Meanwhile, its annual earnings per share averaged -30.77%. With a float of $105.12 million, this company’s outstanding shares have now reached $553.55 million.
Let’s determine the extent of company efficiency that accounts for 12000 employees. 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 Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Semiconductors Industry. The insider ownership of GlobalFoundries Inc is 81.08%, while institutional ownership is 18.43%. 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) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.33 per share during the current fiscal year.
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
Here are GlobalFoundries Inc’s current performance indicators. According to the last quarter’s results, the 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 3.60. Likewise, its price to free cash flow for the trailing twelve months is 19.44.
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)
Looking closely at GlobalFoundries Inc (NASDAQ: GFS), its last 5-days average volume was 1.13 million, which is a drop from its year-to-date volume of 1.62 million. As of the previous 9 days, the stock’s Stochastic %D was 22.86%. Additionally, its Average True Range was 1.50.
During the past 100 days, GlobalFoundries Inc’s (GFS) raw stochastic average was set at 47.65%, which indicates a significant increase from 30.05% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.10% in the past 14 days, which was lower than the 49.70% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $41.92, while its 200-day Moving Average is $46.81. However, in the short run, GlobalFoundries Inc’s stock first resistance to watch stands at $44.54. Second resistance stands at $45.21. The third major resistance level sits at $45.61. If the price goes on to break the first support level at $43.46, it is likely to go to the next support level at $43.06. Should the price break the second support level, the third support level stands at $42.39.
GlobalFoundries Inc (NASDAQ: GFS) Key Stats
With a market capitalization of 24.36 billion, the company has a total of 551,765K Shares Outstanding. Currently, annual sales are 7,392 M while annual income is 1,020 M. The company’s previous quarter sales were 1,739 M while its latest quarter income was 177,000 K.
