Dell Technologies Inc (NYSE:DELL) shares, rose in value, with the stock price down by -0.19% to the previous day’s close as strong demand from buyers drove the stock to $113.77.
Actively observing the price movement in the last trading, the stock closed the session at $113.99. The PE ratio was 18.30 over 12-month period. Referring to stock’s 52-week performance, its high was $179.70, and the low was $66.25. On the whole, DELL has fluctuated by 20.43% over the past month.
With the market capitalization of Dell Technologies Inc currently standing at about $77.76 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 1.86, with its dividend yield at 1.63%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 102.97B, with a low estimate of 22.77B and a high estimate of 23.82B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 23.19B.
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% Buy 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 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 1.47, with the price of DELL currently trading nearly 8.66% and 19.45% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 71.65, while the 7-day volatility ratio is showing 0.85% which for the 30-day chart, stands at 2.26%. Furthermore, Dell Technologies Inc (DELL)’s beta value is 1.02, and its average true range (ATR) is 3.78.
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 -0.19% in last session, and over the past year, it shrunk by -25.92%%.
Data on historical trading for Dell Technologies Inc (NYSE:DELL) indicates that the trading volumes over the past 3 months, they’ve averaged 7.79 million. According to company’s latest data on outstanding shares, there are 357.00 million shares outstanding.
Nearly 55.33% of Dell Technologies Inc’s shares belong to company insiders and institutional investors own 34.95% of the company’s shares. The stock has fallen by -1.28% 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.
