Super Micro Computer Inc (NASDAQ:SMCI) price on Thursday, April 18, fall -3.29% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $928.48.
A look at the stock’s price movement, the close in the last trading session was $960.08. The PE ratio in trailing twelve months stood at 72.57. Turning to its 52-week performance, $1229.00 and $93.19 were the 52-week high and 52-week low respectively. Overall, SMCI moved 1.92% over the past month.
Super Micro Computer Inc’s market cap currently stands at around $54.36 billion.
Revisions could be used as tool to get short term price movement insight, and for the company that in the past seven days was no upward and no downward review(s). Turning to the stock’s technical picture we see that short term indicators suggest on average that SMCI is a 50% Buy. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
The technical evaluation for the stock shows the PEG ratio is 1.51, with SMCI’s current price about -3.82% and -1.58% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 47.71, while 7-day volatility ratio is 6.63% and 6.64% in the 30-day chart. Further, Super Micro Computer Inc (SMCI) has a beta value of 1.31, and an average true range (ATR) of 72.02.
If we refocus on Super Micro Computer Inc (NASDAQ:SMCI), historical trading data shows that trading volumes averaged 11.01 million over the past 3 months. The company’s latest data on shares outstanding shows there are 52.90 million shares.
The 14.27% of Super Micro Computer Inc’s shares are in the hands of company insiders while institutional holders own 70.60% of the company’s shares. Current price change has pushed the stock 226.63% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the SMCI stock continues to rise going into the next quarter.
