Nasdaq Inc (NASDAQ:NDAQ) shares, rose in value on Friday, April 26, with the stock price up by 0.08% to the previous day’s close as strong demand from buyers drove the stock to $60.34.
Actively observing the price movement in the recent trading, the stock is buoying the session at $60.29. The PE ratio was 31.79 over 12-month period. Referring to stock’s 52-week performance, its high was $64.25, and the low was $46.88. On the whole, NDAQ has fluctuated by -4.22% over the past month.
The company’s Forward Dividend Ratio is 0.88, with its dividend yield at 1.46%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 4.64B, with a low estimate of 1.11B and a high estimate of 1.17B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.14B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that NDAQ’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 4.00, with the price of NDAQ currently trading nearly -1.84% and 1.09% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 46.82, while the 7-day volatility ratio is showing 1.75% which for the 30-day chart, stands at 1.80%. Furthermore, Nasdaq Inc (NDAQ)’s beta value is 0.94, and its average true range (ATR) is 1.27.
A comparison of Nasdaq Inc (NDAQ) with its peers suggests the former has fared considerably weaker in the market. NDAQ showed an intraday change of 0.08% in today’s session so far, and over the past year, it grew by 11.47%%.
Data on historical trading for Nasdaq Inc (NASDAQ:NDAQ) indicates that the trading volumes over the past 3 months, they’ve averaged 3.40 million. According to company’s latest data on outstanding shares, there are 575.16 million shares outstanding.
Nearly 33.38% of Nasdaq Inc’s shares belong to company insiders and institutional investors own 54.41% of the company’s shares. The stock has risen by 3.78% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the NDAQ stock heading into the next quarter.
