(VIANEWS) – Shares of Intel (NASDAQ: INTC) rose by a staggering 21.8% in 10 sessions from $29.86 at 2023-06-05, to $36.37 at 20:22 EST on Monday, after five consecutive sessions in a row of gains. NASDAQ is sliding 0.68% to $13,689.57, following the last session’s downward trend.
Intel’s last close was $36.37, 10.7% below its 52-week high of $40.73.
About Intel
Intel Corporation designs, develops, manufactures, markets, and sells computing and related products worldwide. It operates through Client Computing Group, Data Center and AI, Network and Edge, Mobileye, Accelerated Computing Systems and Graphics, Intel Foundry Services, and Other segments. The company offers platform products, such as central processing units and chipsets, and system-on-chip and multichip packages; and accelerators, boards and systems, connectivity products, and memory and storage products. It also provides high-performance compute solutions for targeted verticals and embedded applications for retail, industrial, and healthcare markets; and solutions for assisted and autonomous driving comprising compute platforms, computer vision and machine learning-based sensing, mapping and localization, driving policy, and active sensors. In addition, the company offers workload-optimized platforms and related products for cloud service providers, enterprise and government, and communications service providers. It serves original equipment manufacturers, original design manufacturers, cloud service providers, and other equipment manufacturers. The company was incorporated in 1968 and is headquartered in Santa Clara, California.
Earnings Per Share
As for profitability, Intel has a trailing twelve months EPS of $-0.71.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -2.81%.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Intel’s stock is considered to be oversold (<=20).
Volume
Today’s last reported volume for Intel is 110240279 which is 7.31% below its average volume of 45155100.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 113.8% and a negative 72.9%, respectively.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on May 3, 2023, the estimated forward annual dividend rate is 0.5 and the estimated forward annual dividend yield is 1.6%.
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