Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
Intel Corp (NASDAQ: INTC) closed the day trading at $22.99 down -5.27% from the previous closing price of $24.27. In other words, the price has decreased by -$5.27 from its previous closing price. On the day, 88.24 million shares were traded.
Ratios:
For a better understanding of INTC, let’s look at its different ratios. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 1.87 while its Price-to-Book (P/B) ratio in mrq is 1.00.
Stock Price History:
Over the past 52 weeks, INTC has reached a high of $46.63, while it has fallen to a 52-week low of $18.51. The 50-Day Moving Average of the stock is 10.00%, while the 200-Day Moving Average is calculated to be -6.39%.
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 64.01% stake in the company.
