Texas Instruments Inc (NASDAQ:TXN) shares, rose in value, with the stock price down by -1.28% to the previous day’s close as strong demand from buyers drove the stock to $182.62.
Actively observing the price movement in the recent trading, the stock is buoying the session at $184.99. The PE ratio was 34.60 over 12-month period. Referring to stock’s 52-week performance, its high was $220.38, and the low was $139.95. On the whole, TXN has fluctuated by 14.10% over the past month.
With the market capitalization of Texas Instruments Inc currently standing at about $165.91 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 5.38, with its dividend yield at 2.95%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that TXN’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% Sell.
The stock’s technical analysis shows that the PEG ratio is about 2.37, with the price of TXN currently trading nearly 1.91% and 7.58% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 56.79, while the 7-day volatility ratio is showing 2.48% which for the 30-day chart, stands at 2.62%. Furthermore, Texas Instruments Inc (TXN)’s beta value is 1.00, and its average true range (ATR) is 5.48.
A comparison of Texas Instruments Inc (TXN) with its peers suggests the former has fared considerably weaker in the market. TXN showed an intraday change of -1.28% in today’s session so far, and over the past year, it shrunk by -8.51%%.
Data on historical trading for Texas Instruments Inc (NASDAQ:TXN) indicates that the trading volumes over the past 3 months, they’ve averaged 8.25 million. According to company’s latest data on outstanding shares, there are 909.00 million shares outstanding.
Nearly 0.17% of Texas Instruments Inc’s shares belong to company insiders and institutional investors own 87.65% of the company’s shares. The stock has fallen by -2.61% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the TXN stock heading into the next quarter.
