Qorvo Inc (NASDAQ: QRVO) started the day on Thursday, with a price increase of 0.44% at $68.80, before settling in for the price of $68.50 at the close. Taking a more long-term approach, QRVO posted a 52-week range of $64.54-$130.99.
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It was noted that the giant of the Technology sector posted annual sales growth of 5.38% over the last 5 years. Nevertheless, stock’s Earnings Per Share (EPS) this year is -22.53%. This publicly-traded company’s shares outstanding now amounts to $94.66 million, simultaneously with a float of $93.79 million. The organization now has a market capitalization sitting at $6.50 billion. At the time of writing, stock’s 50-day Moving Average stood at $78.38, while the 200-day Moving Average is $101.79.
Qorvo Inc (QRVO) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Semiconductors Industry. Qorvo Inc’s current insider ownership accounts for 0.78%, in contrast to 90.26% institutional ownership. According to the most recent insider trade that took place on Dec 05 ’24, this organization’s SVP, High Performance Analog sold 4,045 shares at the rate of 70.15, making the entire transaction reach 283,757 in total value, affecting insider ownership by 30,261.
Qorvo Inc (QRVO) Earnings and Revenue Records
Qorvo Inc’s EPS decrease for this current 12-month fiscal period is -22.53% and is forecasted to reach 5.96 in the upcoming year.
Qorvo Inc (NASDAQ: QRVO) Trading Performance Indicators
Let’s observe the current performance indicators for Qorvo Inc (QRVO). It’s Quick Ratio in the last reported quarter now stands at 1.38. The Stock has managed to achieve an average true range (ATR) of 2.28. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.65. Similarly, its price to free cash flow for trailing twelve months is now 8.40.
In the same vein, QRVO’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.46, a figure that is expected to reach 1.21 in the next quarter, and analysts are predicting that it will be 5.96 at the market close of one year from today.
Technical Analysis of Qorvo Inc (QRVO)
If we take a close look at the recent performances of Qorvo Inc (NASDAQ: QRVO), its last 5-days Average volume was 3.21 million that shows progress from its year to date volume of 1.51 million. During the previous 9 days, stock’s Stochastic %D was recorded 63.44% While, its Average True Range was 2.18.
Raw Stochastic average of Qorvo Inc (QRVO) in the period of the previous 100 days is set at 7.42%, which indicates a major fall in contrast to 58.92% 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 23.74% that was lower than 60.75% volatility it exhibited in the past 100-days period.
