Texas Instruments Inc (NASDAQ:TXN) shares, rose in value, with the stock price up by 3.69% to the previous day’s close as strong demand from buyers drove the stock to $171.75.
Actively observing the price movement in the recent trading, the stock is buoying the session at $165.64. The PE ratio was 32.54 over 12-month period. Referring to stock’s 52-week performance, its high was $220.38, and the low was $139.95. On the whole, TXN has fluctuated by 1.32% over the past month.
With the market capitalization of Texas Instruments Inc currently standing at about $156.03 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 6.68, with its dividend yield at 3.89%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that TXN’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 50% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 2.22, with the price of TXN currently trading nearly 9.18% and 1.20% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 58.73, while the 7-day volatility ratio is showing 2.30% which for the 30-day chart, stands at 4.03%. Furthermore, Texas Instruments Inc (TXN)’s beta value is 0.96, and its average true range (ATR) is 6.50.
A comparison of Texas Instruments Inc (TXN) with its peers suggests the former has fared considerably weaker in the market. TXN showed an intraday change of 3.69% in today’s session so far, and over the past year, it shrunk by -5.98%%.
Data on historical trading for Texas Instruments Inc (NASDAQ:TXN) indicates that the trading volumes over the past 3 months, they’ve averaged 7.97 million. According to company’s latest data on outstanding shares, there are 909.00 million shares outstanding.
Nearly 0.17% of Texas Instruments Inc’s shares belong to company insiders and institutional investors own 88.20% of the company’s shares. The stock has fallen by -8.41% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the TXN stock heading into the next quarter.
