STMicroelectronics N.V. (NYSE:STM) finished Thursday with a subtraction of -$1.36 to close at $34.29, a downside of -3.81 percent. An average of 3,509,320 shares of common stock have been traded in the last five days. There was a fall of -$1.44 in the past week, and it reached a new high 9 times over the past 12 months. The last 20 days have seen an average of 3,526,420 shares traded, while the 50-day average volume stands at 3,342,380.
STM stock has decreased by -3.49% in the last month. The company shares reached their 1-month lowest point of $33.93 on 09/01/22. With the stock rallying to its 52-week high on 01/07/22, shares of the company touched a low of $28.35 and a high of $52.15 in 52 weeks. It has reached a new high 2 times so far this year and lost -29.85% or -$14.59 in price. In spite of this, the price is down -34.25% from the 52-week high.
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STMicroelectronics N.V. (STM) has a trailing price-to-earnings (P/E) ratio of 11.31. The stock’s beta is 1.54. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 2.20, the price-to-book (PB) ratio at 3.20, and the price-to-cash flow ratio at 33.70.
The company has a payout ratio of 9.70%. The company’s most recent quarterly dividend payment was $0.0510 a share, without any change from last year. Its latest decrease dividend $0.0150 reported on Tuesday March 1 2022.
The quick ratio of STMicroelectronics N.V. for the three months ended June 29 was 1.70, and the current ratio was 2.30, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.23 and a total debt to equity ratio of 0.25 for the quarter ending June 29. STMicroelectronics N.V.’s EBITDA margin for the year ending June 29 is 24.95%, while its operating margin for the same period stands at 23.80%. Its gross profit as reported stood at $5.33 billion compared to revenue of $12.76 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, STMicroelectronics N.V.’s return on assets was 17.80%.
For the three-month period that ended June 29, STMicroelectronics N.V. had $2.4 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $2.0 billion in the quarter, while revenues were grew 44.7%. The analyst consensus anticipated STMicroelectronics N.V.’s latest quarter earnings to come in at $0.8 per share, but it turned out to be $0.92, a 15.00% surprise. For the quarter, EBITDA amounted to $1.29 billion.
From a technical analysis perspective, let’s take a brief look at STMicroelectronics N.V. (STM) price momentum. RSI 9-day as of the close on 22 September was 36.69%, suggesting the stock is Neutral, with historical volatility in this time frame at 38.44%.
As of today, STM’s price is $35.49 -4.03% or -$1.44 from its 5-day moving average. STM is currently trading -3.98% lower than its 20-day SMA and -6.36% lower than its 100-day SMA. However, the stock’s current price level is +9.00% above the SMA50 and -28.77% below the SMA200.
The stochastic %K and %D were 31.01% and 42.43%, respectively, and the average true range (ATR) was 1.27. With the 14-day stochastic at 7.07% and the average true range at 1.25, the RSI (14) stands at 41.48%. The stock has reached -0.60 on the 9-day MACD Oscillator while the 14-day reading was at -0.54.
Barclays downgraded STMicroelectronics N.V. (NYSE: STM) to a an Equal weight rating in its most recent analyst report. Previously, the stock was rated as an Overweight.