Taiwan Semiconductor Manufacturing ADR (NYSE: TSM) on Monday, plunged -1.61% from the previous trading day, before settling in for the closing price of $179.28. Within the past 52 weeks, TSM’s price has moved between $133.57 and $226.40.
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Annual sales at Technology sector company grew by 22.25% over the past five years. The company achieved an average annual earnings per share of 33.67%. With a float of $5.18 billion, this company’s outstanding shares have now reached $5.19 billion.
In terms of profitability, gross margin is 57.41%, operating margin of 47.12%, and the pretax margin is 49.99%.
Taiwan Semiconductor Manufacturing ADR (TSM) Insider Updates
Observing investor behavior towards Semiconductors industry stocks is more important than anything else. The insider ownership of Taiwan Semiconductor Manufacturing ADR is 0.03%, while institutional ownership is 16.48%.
Taiwan Semiconductor Manufacturing ADR (TSM) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.43 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 33.67% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 21.92% during the next five years compared to 26.75% growth over the previous five years of trading.
Taiwan Semiconductor Manufacturing ADR (NYSE: TSM) Trading Performance Indicators
Taiwan Semiconductor Manufacturing ADR (TSM) is currently performing well based on its current performance indicators. A quick ratio of 2.18 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 9.46. Likewise, its price to free cash flow for the trailing twelve months is 30.46.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.77, a number that is poised to hit 2.27 in the next quarter and is forecasted to reach 10.68 in one year’s time.
Technical Analysis of Taiwan Semiconductor Manufacturing ADR (TSM)
Taiwan Semiconductor Manufacturing ADR (NYSE: TSM) saw its 5-day average volume 15.78 million, a negative change from its year-to-date volume of 18.19 million. As of the previous 9 days, the stock’s Stochastic %D was 90.51%. Additionally, its Average True Range was 6.91.
During the past 100 days, Taiwan Semiconductor Manufacturing ADR’s (TSM) raw stochastic average was set at 45.74%, which indicates a significant decrease from 87.79% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 37.83% in the past 14 days, which was lower than the 52.63% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $168.56, while its 200-day Moving Average is $182.92. Nevertheless, the first resistance level for the watch stands at $178.90 in the near term. At $181.41, the stock is likely to face the second major resistance level. The third major resistance level sits at $182.73. If the price goes on to break the first support level at $175.07, it is likely to go to the next support level at $173.75. Assuming the price breaks the second support level, the third support level stands at $171.24.
Taiwan Semiconductor Manufacturing ADR (NYSE: TSM) Key Stats
Market capitalization of the company is 914.79 billion based on 5,186,414K outstanding shares. Right now, sales total 88,268 M and income totals 35,327 M. The company made 25,526 M in profit during its latest quarter, and 10,997 M in sales during its previous quarter.
