What You Didn’t Know About NVIDIA Corp (NASDAQ: NVDA) This Week

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NVIDIA Corp (NASDAQ:NVDA) traded at $877.35 at close of the session on Friday, April 26, made an upward move of 6.18% on its previous day’s price.

Looking at the stock we see that its previous close was $826.32 . The company has a trailing 12-month PE ratio of 73.50. In terms of its 52-week price range, NVDA has a high of $974.00 and a low of $266.25. The company’s stock has lost about -2.79% over that past 30 days.

NVIDIA Corp has a market cap of $2193.37 billion. With its Forward Dividend at 0.16 and a yield of 0.02%, the company’s investors could be anxious for the NVDA stock to gain ahead of the earnings release.

There have been no upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the NVDA stock, short term indicators assign the stock an average of 100% Buy, while medium term indicators assign it an average of 100% Buy. Long term indicators on average place the stock in the category of 100% Buy.

Looking further, we note that the PEG ratio for the NVDA stock currently stands at 1.94, and the current price level is 2.38% off its SMA20 and 3.45% from its 50-day simple moving average. The RSI (14) is pointing at 54.20 while the volatility over the past week is 5.31% and jumps to 4.54% over the past one month. The beta value is 1.76, while the average true range (ATR) is currently pointing at 41.87.

Coming back to NVIDIA Corp (NASDAQ:NVDA), we note that the average 3-month trading volume was 53.59 million. Current shares outstanding are 2.46 billion.

The insiders hold 3.98% of the company’s shares while institutions hold 66.96%. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 77.16% up in year-to-date price movement.

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