Dell Technologies Inc (NYSE:DELL) shares, rose in value, with the stock price up by 0.97% to the previous day’s close as strong demand from buyers drove the stock to $111.33.
Actively observing the price movement in the recent trading, the stock is buoying the session at $110.26, falling within a range of $109.8 and $111.75. The value of beta (5-year monthly) is 0.954 whereas the PE ratio is 19.68 over 12-month period. Referring to stock’s 52-week performance, its high was $179.70, and the low was $80.49. On the whole, DELL has fluctuated by 1.93% over the past month.
With the market capitalization of Dell Technologies Inc currently standing at about $78.12 billion, investors are eagerly awaiting this quarter’s results, scheduled for in March. The company’s Forward Dividend Ratio is 1.78, with its dividend yield at 1.60%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 96.25B, with a low estimate of 24B and a high estimate of 25B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 24.58B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that DELL’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 100% 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 PEG ratio is about 1.39, with the price of DELL currently trading nearly 3.17% and -2.21% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 51.76, while the 7-day volatility ratio is showing 3.34% which for the 30-day chart, stands at 3.45%. Furthermore, Dell Technologies Inc (DELL)’s beta value is 0.83, and its average true range (ATR) is 4.12.
A comparison of Dell Technologies Inc (DELL) with its peers suggests the former has fared considerably weaker in the market. DELL showed an intraday change of 0.97% in today’s session so far, and over the past year, it grew by 32.57%%.
Data on historical trading for Dell Technologies Inc (NYSE:DELL) indicates that the trading volumes over the past 10 days have averaged 7.21 and over the past 3 months, they’ve averaged 8.15 million. According to company’s latest data on outstanding shares, there are 334.00 million shares outstanding.
Nearly 55.82% of Dell Technologies Inc’s shares belong to company insiders and institutional investors own 35.49% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 10.14 million shares as on 2024-11-15, resulting in a short ratio of 1.56. According to the data, the short interest in Dell Technologies Inc (DELL) stood at 337.00 of shares outstanding as of 2024-11-15; the number of short shares registered in 2024-10-15 reached 10.34 million. The stock has fallen by -3.39% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the DELL stock heading into the next quarter.
