The price of Qualcomm, Inc. (NASDAQ:QCOM) shares last traded on Wall Street fell -2.22% to $174.09.
QCOM stock price is now 3.49% away from the 50-day moving average and 0.52% away from the 200-day moving average. The market capitalization of the company currently stands at $193.94B.
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, while ‘DZ Bank’ rates the stock as ‘Buy’
In other news, THOMPSON JAMES H, Chief Technology Officer sold 8,000 shares of the company’s stock on Oct 01 ’24. The stock was sold for $1,358,400 at an average price of $169.80. Upon completion of the transaction, the Chief Technology Officer now directly owns 213,364 shares in the company, valued at $37.14 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Oct 02 ’24, President QTL & Global Affairs ROGERS ALEXANDER H sold 3,245 shares of the business’s stock. A total of $539,157 was realized by selling the stock at an average price of $166.15. This leaves the insider owning 32,231 shares of the company worth $5.61 million. A total of 0.15% of the company’s stock is owned by insiders.
During the past 12 months, Qualcomm, Inc. has had a low of $104.33 and a high of $230.63. As of last week, the company has a debt-to-equity ratio of 0.59, a current ratio of 2.39, and a quick ratio of 1.78. According to the stock market information, the enterprise value for the company is $195458252800, which is based on a 22.57 price-to-earnings ratio, a 2.28 price-to-earnings-growth ratio, and a beta of 1.28. The fifty day moving average price for QCOM is $168.223 and a two-hundred day moving average price translates $173.1924 for the stock.
The latest earnings results from Qualcomm, Inc. (NASDAQ: QCOM) was released for 2024-06-23. The net profit margin was 23.32% and return on equity was 38.92% for QCOM. The company reported revenue of $9.39 billion for the quarter, compared to $8.45 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 11.15 percent.
