Dell Technologies Inc (NYSE:DELL) price is hovering higher on Monday, April 15, jumping 2.04% above its previous close.
A look at today’s price movement shows that the recent level at last check reads $117.76. The company’s P/E ratio in the trailing 12-month period read 27.52. Taking into account the 52-week price action we note that the stock hit a 52-week high of $136.16 and 52-week low of $41.47. The stock added 12.88% on its value in the past month.
Dell Technologies Inc, which has a market valuation of $85.77 billion. The company stock has a Forward Dividend ratio of 1.48, while the dividend yield is 1.23%. 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 DELL 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 33.97. The overview shows that DELL’s price is at present 2.07% off the SMA20 and 14.38% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 54.82, with weekly volatility standing at 4.36%. The indicator jumps to 4.49% when calculated based on the past 30 days. Dell Technologies Inc (NYSE:DELL)’s beta value is holding at 0.90, while the average true range (ATR) indicator is currently reading 5.63.
An analysis of the Dell Technologies Inc (NYSE:DELL) stock in terms of its daily trading volume indicates that the 3-month average is 7.74 million.
Current records show that the company has 266.00M in outstanding shares. The insiders’ percentage holdings are 63.37% of outstanding shares while the percentage share held by institutions stands at 28.06%. But the 57.07% 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.
