Cisco Systems, Inc. (NASDAQ:CSCO) shares, rose in value, with the stock price up by 0.06% to the previous day’s close as strong demand from buyers drove the stock to $48.35.
Actively observing the price movement in the last trading, the stock closed the session at $48.32. The PE ratio was 14.72 over 12-month period. Referring to stock’s 52-week performance, its high was $58.19, and the low was $45.56. On the whole, CSCO has fluctuated by -2.68% over the past month.
The company’s Forward Dividend Ratio is 1.57, with its dividend yield at 3.25%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that CSCO’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 3.51, with the price of CSCO currently trading nearly -0.96% and -1.39% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 45.58, while the 7-day volatility ratio is showing 0.99% which for the 30-day chart, stands at 1.48%. Furthermore, Cisco Systems, Inc. (CSCO)’s beta value is 0.85, and its average true range (ATR) is 0.73.
A comparison of Cisco Systems, Inc. (CSCO) with its peers suggests the former has fared considerably weaker in the market. CSCO showed an intraday change of 0.06% in last session, and over the past year, it grew by 2.03%%.
Data on historical trading for Cisco Systems, Inc. (NASDAQ:CSCO) indicates that the trading volumes over the past 3 months, they’ve averaged 19.79 million. According to company’s latest data on outstanding shares, there are 4.07 billion shares outstanding.
Nearly 0.23% of Cisco Systems, Inc.’s shares belong to company insiders and institutional investors own 75.43% of the company’s shares. The stock has fallen by -4.30% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CSCO stock heading into the next quarter.
