ON Semiconductor Corp. (NASDAQ:ON) price is hovering lower on Tuesday, April 16, dropping -0.88% below its previous close.
A look at today’s price movement shows that the recent level at last check reads $65.64. The company’s P/E ratio in the trailing 12-month period read 13.31. Taking into account the 52-week price action we note that the stock hit a 52-week high of $111.35 and 52-week low of $61.47. The stock subtracted -13.10% on its value in the past month.
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 ON a short term outlook of 100% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Sell, while an average of long term indicators are currently assigning the stock as 100% Sell.
If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 2.89. The overview shows that ON’s price is at present -9.31% off the SMA20 and -14.20% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 33.11, with weekly volatility standing at 3.44%. The indicator jumps to 3.08% when calculated based on the past 30 days. ON Semiconductor Corp. (NASDAQ:ON)’s beta value is holding at 1.80, while the average true range (ATR) indicator is currently reading 2.61.
An analysis of the ON Semiconductor Corp. (NASDAQ:ON) stock in terms of its daily trading volume indicates that the 3-month average is 7.19 million.
Current records show that the company has 426.39M in outstanding shares. The insiders’ percentage holdings are 0.72% of outstanding shares while the percentage share held by institutions stands at 99.49%. But the -22.11% downside, 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.
