Intel Corp (NASDAQ:INTC) shares, rose in value, with the stock price down by -1.56% to the previous day’s close as strong demand from buyers drove the stock to $20.45.
Actively observing the price movement in the recent trading, the stock is buoying the session at $20.78, falling within a range of $20.3 and $20.8. The value of beta (5-year monthly) is 1.026. Referring to stock’s 52-week performance, its high was $51.28, and the low was $18.51. On the whole, INTC has fluctuated by -17.92% over the past month.
With the market capitalization of Intel Corp currently standing at about $88.22 billion, investors are eagerly awaiting this quarter’s results, scheduled for in January. The company’s Forward Dividend Ratio is 0.38, with its dividend yield at 1.83%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 52.66B, with a low estimate of 13.69B and a high estimate of 14.2B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 13.83B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that INTC’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of INTC currently trading nearly -10.16% and -11.46% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 35.03, while the 7-day volatility ratio is showing 2.96% which for the 30-day chart, stands at 3.77%. Furthermore, Intel Corp (INTC)’s beta value is 1.05, and its average true range (ATR) is 0.88.
A comparison of Intel Corp (INTC) with its peers suggests the former has fared considerably weaker in the market. INTC showed an intraday change of -1.56% in today’s session so far, and over the past year, it shrunk by -54.11%%.
Data on historical trading for Intel Corp (NASDAQ:INTC) indicates that the trading volumes over the past 10 days have averaged 98.8 and over the past 3 months, they’ve averaged 81.13 million. According to company’s latest data on outstanding shares, there are 4.31 billion shares outstanding.
Nearly 0.09% of Intel Corp’s shares belong to company insiders and institutional investors own 62.13% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 113.44 million shares as on 2024-11-29, resulting in a short ratio of 1.55. According to the data, the short interest in Intel Corp (INTC) stood at 263.00 of shares outstanding as of 2024-11-29; the number of short shares registered in 2024-10-31 reached 105.53 million. The stock has fallen by -59.29% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the INTC stock heading into the next quarter.
