Dell Technologies Inc (NYSE:DELL) shares, rose in value on Thursday, April 25, with the stock price up by 1.48% to the previous day’s close as strong demand from buyers drove the stock to $121.98.
Actively observing the price movement in the recent trading, the stock is buoying the session at $120.20. The PE ratio was 27.94 over 12-month period. Referring to stock’s 52-week performance, its high was $136.16, and the low was $41.47. On the whole, DELL has fluctuated by 6.39% over the past month.
The company’s Forward Dividend Ratio is 1.56, with its dividend yield at 1.27%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 93.55B, with a low estimate of 21.42B and a high estimate of 22.11B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 21.66B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that DELL’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 34.49, with the price of DELL currently trading nearly 0.96% and 10.51% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 56.70, while the 7-day volatility ratio is showing 4.34% which for the 30-day chart, stands at 4.77%. Furthermore, Dell Technologies Inc (DELL)’s beta value is 0.88, and its average true range (ATR) is 5.47.
A comparison of Dell Technologies Inc (DELL) with its peers suggests the former has fared considerably weaker in the market. DELL showed an intraday change of 1.48% in today’s session so far, and over the past year, it grew by 192.45%%.
Data on historical trading for Dell Technologies Inc (NYSE:DELL) indicates that the trading volumes over the past 3 months, they’ve averaged 7.91 million. According to company’s latest data on outstanding shares, there are 266.00 million shares outstanding.
Nearly 62.78% of Dell Technologies Inc’s shares belong to company insiders and institutional investors own 28.04% of the company’s shares. The stock has risen by 59.45% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the DELL stock heading into the next quarter.
