Netgear Inc (NASDAQ:NTGR) shares, rose in value on Friday, June 20, with the stock price down by -0.52% to the previous day’s close as strong demand from buyers drove the stock to $26.56.
Actively observing the price movement in the last trading, the stock closed the session at $26.70. The PE ratio was 32.67 over 12-month period. Referring to stock’s 52-week performance, its high was $31.55, and the low was $13.95. On the whole, NTGR has fluctuated by -13.43% over the past month.
With the market capitalization of Netgear Inc currently standing at about $764.49 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Apr-30.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that NTGR’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% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the price of NTGR currently trading nearly -8.90% and -2.53% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 35.76, while the 7-day volatility ratio is showing 0.74% which for the 30-day chart, stands at 2.43%. Furthermore, Netgear Inc (NTGR)’s beta value is 1.15, and its average true range (ATR) is 1.06.
A comparison of Netgear Inc (NTGR) with its peers suggests the former has fared considerably weaker in the market. NTGR showed an intraday change of -0.52% in last session, and over the past year, it grew by 81.42%%.
Data on historical trading for Netgear Inc (NASDAQ:NTGR) indicates that the trading volumes over the past 3 months, they’ve averaged 447.08K. According to company’s latest data on outstanding shares, there are 28.78 million shares outstanding.
Nearly 10.26% of Netgear Inc’s shares belong to company insiders and institutional investors own 92.44% of the company’s shares. The stock has fallen by -4.70% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the NTGR stock heading into the next quarter.
