The trading price of Texas Instruments Inc. (NASDAQ:TXN) closed higher on Tuesday, July 16, closing at $206.62, 2.41% higher than its previous close.
The company’s P/E ratio in the trailing 12-month period was 32.20. In examining the 52-week price action we see that the stock hit a 52-week high of $206.00 and a 52-week low of $139.48. Over the past month, the stock has gained 5.27% in value.
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Texas Instruments Inc., whose market valuation is $188.12 billion at the time of this writing. The dividend yield on the company stock is 2.49%, while its Forward Dividend ratio is 5.14. Investors’ optimism about the company’s current quarter earnings report is understandable.
On the technical side, indicators suggest TXN has a 100% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.
A quick review shows that TXN’s price is currently 4.82% off the SMA20 and 6.18% off the SMA50. The RSI metric on the 14-day chart is currently showing 67.61, and weekly volatility stands at 1.72%. When measured over the past 30 days, the indicator reaches 1.58%. Texas Instruments Inc. (NASDAQ:TXN)’s beta value is currently sitting at 0.97, while the Average True Range indicator is currently displaying 3.61.
To see how Texas Instruments Inc. stock has been performing in comparison to its peers in the industry, here are the numbers: TXN stock’s performance was 2.41% in the latest trading, and 14.25% in the past year. Texas Instruments Inc. has a P/E ratio of 32.20.
An evaluation of the daily trading volume of Texas Instruments Inc. (NASDAQ:TXN) indicates that the 3-month average is 5.35 million.
Currently, records show that 910.48 million of the company’s shares remain outstanding. The insiders hold 0.15% of outstanding shares, whereas institutions hold 88.99%. However, since the stock’s price has seen 21.21% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
