A new trading day began on Monday, with GlobalFoundries Inc (NASDAQ: GFS) stock price down -4.87% from the previous day of trading, before settling in for the closing price of $38.77. GFS’s price has ranged from $35.85 to $61.98 over the past 52 weeks.
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Technology Sector giant saw their annual sales surged by 6.40% over the last five years. Meanwhile, its annual earnings per share averaged 9.12%. With a float of $105.12 million, this company’s outstanding shares have now reached $555.50 million.
The firm has a total of 12000 workers. Let’s measure their productivity. 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 19.38%. 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 0.36 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 9.12% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 26.38% during the next five years compared to 18.83% growth over the previous five years of trading.
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 1.57. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.04. Likewise, its price to free cash flow for the trailing twelve months is 18.68.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.48, a number that is poised to hit 0.29 in the next quarter and is forecasted to reach 2.42 in one year’s time.
Technical Analysis of GlobalFoundries Inc (GFS)
Analysing the last 5-days average volume posted by the [GlobalFoundries Inc, GFS], we can find that recorded value of 1.83 million was lower than the volume posted last year of 2.2 million. As of the previous 9 days, the stock’s Stochastic %D was 3.59%. Additionally, its Average True Range was 2.01.
During the past 100 days, GlobalFoundries Inc’s (GFS) raw stochastic average was set at 8.70%, which indicates a significant increase from 5.34% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 66.90% in the past 14 days, which was higher than the 49.60% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $41.88, while its 200-day Moving Average is $44.68. Now, the first resistance to watch is $38.71. This is followed by the second major resistance level at $40.53. The third major resistance level sits at $41.57. If the price goes on to break the first support level at $35.85, it is likely to go to the next support level at $34.81. Should the price break the second support level, the third support level stands at $32.99.
GlobalFoundries Inc (NASDAQ: GFS) Key Stats
With a market capitalization of 20.49 billion, the company has a total of 551,765K Shares Outstanding. Currently, annual sales are 6,750 M while annual income is -265,000 K. The company’s previous quarter sales were 1,830 M while its latest quarter income was -730,000 K.
