Nasdaq Inc (NASDAQ:NDAQ) shares, rose in value, with the stock price up by 0.56% to the previous day’s close as strong demand from buyers drove the stock to $79.44.
Actively observing the price movement in the recent trading, the stock is buoying the session at $79.00. The PE ratio was 36.02 over 12-month period. Referring to stock’s 52-week performance, its high was $84.15, and the low was $58.28. On the whole, NDAQ has fluctuated by 10.35% over the past month.
With the market capitalization of Nasdaq Inc currently standing at about $45.61 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 0.96, with its dividend yield at 1.21%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that NDAQ’s technical picture suggests that short-term indicators denote the stock is a Hold 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% Buy.
The stock’s technical analysis shows that the PEG ratio is about 2.98, with the price of NDAQ currently trading nearly 5.70% and 5.88% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 64.90, while the 7-day volatility ratio is showing 1.78% which for the 30-day chart, stands at 2.73%. Furthermore, Nasdaq Inc (NDAQ)’s beta value is 1.00, and its average true range (ATR) is 1.97.
A comparison of Nasdaq Inc (NDAQ) with its peers suggests the former has fared considerably weaker in the market. NDAQ showed an intraday change of 0.56% in today’s session so far, and over the past year, it grew by 30.44%%.
Data on historical trading for Nasdaq Inc (NASDAQ:NDAQ) indicates that the trading volumes over the past 3 months, they’ve averaged 3.23 million. According to company’s latest data on outstanding shares, there are 573.94 million shares outstanding.
Nearly 28.38% of Nasdaq Inc’s shares belong to company insiders and institutional investors own 67.17% of the company’s shares. The stock has risen by 2.76% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the NDAQ stock heading into the next quarter.
