Cisco Systems, Inc. (NASDAQ:CSCO) concluded the trading at $46.84 on Wednesday, May 01, with a fall of -0.30% from its closing price on previous day.
Taking a look at stock we notice that its last check on previous day was $46.98 and 5Y monthly beta was reading 0.85. Company’s P/E ratio for the trailing 12 months is 14.26. Considering stock’s 52-week price range provides that CSCO hit a high price of $58.19 and saw its price falling to a low level of $45.56 during that period. Over a period of past 1-month, stock came subtracting -5.11% in its value.
With its current market valuation of $189.66 billion, Cisco Systems, Inc. is set to declare its quarterly results on May 15, 2024. CSCO Stock’s Forward Dividend of 1.57 and its yield of 3.35% are making investors’ thoughts stronger that it could climb further before the company announces its earnings for the current quarter.
In contrast, when we review CSCO stock’s current outlook then short term indicators are assigning it an average of 100% Sell, while medium term indicators are categorizing the stock at an average of 100% Sell. Long term indicators are suggesting an average of 100% Sell for it.
Digging deeper we become aware of the PEG ratio of the CSCO stock which is currently positioned at 3.40. It further provides that stock’s current price level is -3.10% away from its 20-day simple moving average and is -4.14% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 33.15 while volatility remained at 1.73% over the past week which changes to 1.65% when measuring it over the past month. Beta is valued at 0.85, while measure of average true range or ATR is currently at 0.76.
Having a second look at Cisco Systems, Inc. (NASDAQ:CSCO) provides that stock’s average daily trading volume for 3 months was 19.58 million. Number of outstanding shares of the stock stood at 4.07 billion.
The percentage of outstanding shares held by the insiders is 0.23% while it is 75.44% for the institutional holders. Subtraction of -7.28% by stock’s current price to its year-to-date value in last trading session is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.
