Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The closing price of Intel Corp (NASDAQ: INTC) was $19.78 for the day, down -0.75% from the previous closing price of $19.93. In other words, the price has decreased by -$0.75 from its previous closing price. On the day, 80.51 million shares were traded.
Ratios:
Our analysis of INTC’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.98 and its Current Ratio is at 1.33. In the meantime, Its Debt-to-Equity ratio is 0.51 whereas as Long-Term Debt/Eq ratio is at 0.47.
On August 08, 2024, Mizuho Downgraded its rating to Neutral which previously was Outperform and also lowered its target price recommendation from $36 to $22.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Nov 07 ’24 when Holthaus Michelle Johnston sold 25,000 shares for $26.00 per share. The transaction valued at 650,000 led to the insider holds 273,258 shares of the business.
Michelle Johnston Holthaus bought 25,000 shares of INTC for $625,000 on Nov 07 ’24. On Nov 04 ’24, another insider, GELSINGER PATRICK P, who serves as the CEO of the company, bought 11,150 shares for $22.53 each. As a result, the insider paid 251,198 and bolstered with 105,033 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 1.61 while its Price-to-Book (P/B) ratio in mrq is 0.86.
Stock Price History:
Over the past 52 weeks, INTC has reached a high of $45.41, while it has fallen to a 52-week low of $18.51. The 50-Day Moving Average of the stock is -6.72%, while the 200-Day Moving Average is calculated to be -17.88%.
Shares Statistics:
A total of 4.33B shares are outstanding, with a floating share count of 4.33B. Insiders hold about 0.06% of the company’s shares, while institutions hold 64.12% stake in the company.
