Intel Corp (NASDAQ:INTC) shares, rose in value, with the stock price down by -0.59% to the previous day’s close as strong demand from buyers drove the stock to $20.25.
Actively observing the price movement in the last trading, the stock closed the session at $20.37. Referring to stock’s 52-week performance, its high was $37.16, and the low was $17.67. On the whole, INTC has fluctuated by -0.44% over the past month.
With the market capitalization of Intel Corp currently standing at about $88.33 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 0.12, with its dividend yield at 0.62%.
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 100% 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 price of INTC currently trading nearly -3.14% and -4.14% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 44.85, while the 7-day volatility ratio is showing 2.06% which for the 30-day chart, stands at 2.24%. Furthermore, Intel Corp (INTC)’s beta value is 1.13, and its average true range (ATR) is 0.77.
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 -0.59% in last session, and over the past year, it shrunk by -34.08%%.
Data on historical trading for Intel Corp (NASDAQ:INTC) indicates that the trading volumes over the past 3 months, they’ve averaged 95.81 million. According to company’s latest data on outstanding shares, there are 4.36 billion shares outstanding.
Nearly 0.27% of Intel Corp’s shares belong to company insiders and institutional investors own 64.54% of the company’s shares. The stock has risen by 1.00% 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.
