Taiwan Semiconductor Manufacturing ADR (NYSE:TSM) shares, rose in value on Friday, January 03, with the stock price up by 2.27% to the previous day’s close as strong demand from buyers drove the stock to $206.16.
Actively observing the price movement in the recent trading, the stock is buoying the session at $201.58, falling within a range of $203.77 and $206.63. The value of beta (5-year monthly) is 1.232 whereas the PE ratio is 33.01 over 12-month period. Referring to stock’s 52-week performance, its high was $212.60, and the low was $98.80. On the whole, TSM has fluctuated by 3.66% over the past month.
With the market capitalization of Taiwan Semiconductor Manufacturing ADR currently standing at about $1069.13 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 2.33, with its dividend yield at 1.13%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 2.88T, with a low estimate of 844.16B and a high estimate of 863.77B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 852.71B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that TSM’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 1.06, with the price of TSM currently trading nearly 3.09% and 5.43% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 58.58, while the 7-day volatility ratio is showing 2.59% which for the 30-day chart, stands at 2.71%. Furthermore, Taiwan Semiconductor Manufacturing ADR (TSM)’s beta value is 1.07, and its average true range (ATR) is 5.83.
A comparison of Taiwan Semiconductor Manufacturing ADR (TSM) with its peers suggests the former has fared considerably weaker in the market. TSM showed an intraday change of 2.27% in today’s session so far, and over the past year, it grew by 105.81%%.
Data on historical trading for Taiwan Semiconductor Manufacturing ADR (NYSE:TSM) indicates that the trading volumes over the past 10 days have averaged 11.42 and over the past 3 months, they’ve averaged 13.40 million. According to company’s latest data on outstanding shares, there are 5.19 billion shares outstanding.
Nearly 0.14% of Taiwan Semiconductor Manufacturing ADR’s shares belong to company insiders and institutional investors own 16.31% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 25.45 million shares as on 2024-12-13, resulting in a short ratio of 2.16. According to the data, the short interest in Taiwan Semiconductor Manufacturing ADR (TSM) stood at 49.00 of shares outstanding as of 2024-12-13; the number of short shares registered in 2024-11-15 reached 30.84 million. The stock has risen by 4.39% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the TSM stock heading into the next quarter.
