Taiwan Semiconductor Manufacturing ADR (NYSE:TSM) price is hovering higher on Monday, April 15, jumping 0.27% above its previous close.
A look at today’s price movement shows that the recent level at last check reads $142.52. The company’s P/E ratio in the trailing 12-month period read 27.58. Taking into account the 52-week price action we note that the stock hit a 52-week high of $158.40 and 52-week low of $81.21. The stock added 2.35% on its value in the past month.
Taiwan Semiconductor Manufacturing ADR, which has a market valuation of $741.25 billion. The company stock has a Forward Dividend ratio of 1.93, while the dividend yield is 1.35%. It is understandable that investor optimism is growing ahead of the company’s current quarter results.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give TSM a short term outlook of 100% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Buy, while an average of long term indicators are currently assigning the stock as 100% Buy.
If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 6.41. The overview shows that TSM’s price is at present 1.86% off the SMA20 and 5.98% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 55.70, with weekly volatility standing at 2.71%. The indicator jumps to 2.59% when calculated based on the past 30 days. Taiwan Semiconductor Manufacturing ADR (NYSE:TSM)’s beta value is holding at 1.13, while the average true range (ATR) indicator is currently reading 4.28.
An analysis of the Taiwan Semiconductor Manufacturing ADR (NYSE:TSM) stock in terms of its daily trading volume indicates that the 3-month average is 16.45 million.
Current records show that the company has 5.19B in outstanding shares. The insiders’ percentage holdings are 0.02% of outstanding shares while the percentage share held by institutions stands at 17.41%. But the 37.41% upside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.
