Adeia Inc (NASDAQ: ADEA) open the trading on Wednesday, with great promise as it jumped 5.63% to $13.52, before settling in for the price of $12.8 at the close. Taking a more long-term approach, ADEA posted a 52-week range of $10.59-$18.25.
Nevertheless, stock’s Earnings Per Share (EPS) this year is -7.52%. This publicly-traded company’s shares outstanding now amounts to $109.47 million, simultaneously with a float of $106.49 million. The organization now has a market capitalization sitting at $1.48 billion. At the time of writing, stock’s 50-day Moving Average stood at $14.76, while the 200-day Moving Average is $14.16.
Adeia Inc (ADEA) Ownership Facts and Figures
Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Software – Application industry. Adeia Inc’s current insider ownership accounts for 2.76%, in contrast to 95.34% institutional ownership.
Adeia Inc (NASDAQ: ADEA) Trading Performance Indicators
Let’s observe the current performance indicators for Adeia Inc (ADEA). It’s Quick Ratio in the last reported quarter now stands at 3.72. Alongside those numbers, its PE Ratio stands at $20.83, and its Beta score is 2.38. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 3.90. Similarly, its price to free cash flow for trailing twelve months is now 7.27.
In the same vein, ADEA’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.65, a figure that is expected to reach 0.37 in the next quarter, and analysts are predicting that it will be 1.38 at the market close of one year from today.
Technical Analysis of Adeia Inc (ADEA)
[Adeia Inc, ADEA] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 84.37% While, its Average True Range was 66.75.
Raw Stochastic average of Adeia Inc (ADEA) in the period of the previous 100 days is set at 28.77%, which indicates a major fall in contrast to 92.27% 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 0.41 that was lower than 0.55 volatility it exhibited in the past 100-days period.
