The stock of Dell Technologies Inc (NYSE:DELL) last traded at $125.84, down -1.37% from the previous session.
DELL stock price is now -1.26% away from the 50-day moving average and 2.19% away from the 200-day moving average. The market capitalization of the company currently stands at $94.04B.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
On September 17, 2024, Mizuho recently initiated its ‘Outperform’ rating on the stock quoting a target price of $135, while ‘Susquehanna’ rates the stock as ‘Neutral’
In other news, Yvonne Cecille McGill, Officer bought 8,000 shares of the company’s stock on Dec 02 ’24. The stock was bought for $1,006,720 at an average price of $125.84. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 22 ’24, Chief Financial Officer McGill Yvonne sold 8,000 shares of the business’s stock. A total of $1,145,944 was realized by selling the stock at an average price of $143.24. This leaves the insider owning 236,419 shares of the company worth $29.75 million. A total of 57.52% of the company’s stock is owned by insiders.
During the past 12 months, Dell Technologies Inc has had a low of $67.51 and a high of $179.70. According to the stock market information, the enterprise value for the company is $120382013440, which is based on a 22.24 price-to-earnings ratio, a 1.71 price-to-earnings-growth ratio, and a beta of 0.90. The fifty day moving average price for DELL is $127.2804 and a two-hundred day moving average price translates $122.927 for the stock.
The latest earnings results from Dell Technologies Inc (NYSE: DELL) was released for 2024-08-02. The company reported revenue of $25.03 billion for the quarter, compared to $22.93 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 9.12 percent.