Taiwan Semiconductor Manufacturing ADR (NYSE:TSM) shares, rose in value, with the stock price down by -0.34% to the previous day’s close as strong demand from buyers drove the stock to $132.97.
Actively observing the price movement in the last trading, the stock closed the session at $133.43. The PE ratio was 25.31 over 12-month period. Referring to stock’s 52-week performance, its high was $158.40, and the low was $81.21. On the whole, TSM has fluctuated by -5.18% over the past month.
The company’s Forward Dividend Ratio is 1.93, with its dividend yield at 1.45%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that TSM’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 50% 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 1.18, with the price of TSM currently trading nearly -4.43% and -2.59% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 43.71, while the 7-day volatility ratio is showing 3.48% which for the 30-day chart, stands at 3.01%. Furthermore, Taiwan Semiconductor Manufacturing ADR (TSM)’s beta value is 1.14, and its average true range (ATR) is 4.77.
A comparison of Taiwan Semiconductor Manufacturing ADR (TSM) with its peers suggests the former has fared considerably weaker in the market. TSM showed an intraday change of -0.34% in last session, and over the past year, it grew by 57.10%%.
Data on historical trading for Taiwan Semiconductor Manufacturing ADR (NYSE:TSM) indicates that the trading volumes over the past 3 months, they’ve averaged 16.04 million. According to company’s latest data on outstanding shares, there are 5.19 billion shares outstanding.
Nearly 0.02% of Taiwan Semiconductor Manufacturing ADR’s shares belong to company insiders and institutional investors own 17.36% of the company’s shares. The stock has risen by 27.86% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the TSM stock heading into the next quarter.
