Tower Semiconductor Ltd (NASDAQ:TSEM) shares, rose in value, with the stock price up by 4.26% to the previous day’s close as strong demand from buyers drove the stock to $35.47.
Actively observing the price movement in the last trading, the stock closed the session at $34.02, falling within a range of $34.39 and $35.825. The value of beta (5-year monthly) was 0.842 whereas the PE ratio was 19.16 over 12-month period. Referring to stock’s 52-week performance, its high was $55.31, and the low was $28.64. On the whole, TSEM has fluctuated by -8.65% over the past month.
With the market capitalization of Tower Semiconductor Ltd currently standing at about $3.94 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-09.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 1.57B, with a low estimate of 358M and a high estimate of 358.26M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 358.09M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that TSEM’s technical picture suggests that short-term indicators denote the stock is a 50% 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 50% Sell.
The stock’s technical analysis shows that the price of TSEM currently trading nearly 1.13% and -10.50% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 47.94, while the 7-day volatility ratio is showing 3.87% which for the 30-day chart, stands at 5.93%. Furthermore, Tower Semiconductor Ltd (TSEM)’s beta value is 0.76, and its average true range (ATR) is 2.22.
A comparison of Tower Semiconductor Ltd (TSEM) with its peers suggests the former has fared considerably weaker in the market. TSEM showed an intraday change of 4.26% in last session, and over the past year, it grew by 11.54%%.
Data on historical trading for Tower Semiconductor Ltd (NASDAQ:TSEM) indicates that the trading volumes over the past 10 days have averaged 0.95 and over the past 3 months, they’ve averaged 815.48K. According to company’s latest data on outstanding shares, there are 111.55 million shares outstanding.
Nearly 0.06% of Tower Semiconductor Ltd’s shares belong to company insiders and institutional investors own 77.39% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 2.04 million shares as on 2025-03-31, resulting in a short ratio of 3.2. According to the data, the short interest in Tower Semiconductor Ltd (TSEM) stood at 185.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 2.17 million. The stock has fallen by -31.14% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the TSEM stock heading into the next quarter.
