Less Than One Hour Before The NASDAQ Open, Seagate Technology Is Up By 4%

(VIANEWS) – The NASDAQ opens in less than one hour and Seagate Technology‘s pre-market value is already 4.4% up.

Seagate Technology’s last close was $88.21, 12.89% under its 52-week high of $101.26.

The last session, NASDAQ finished with Seagate Technology (STX) sliding 0.9% to $88.21. NASDAQ fell 0.27% to $16,384.47, following the last session’s downward trend on what was a somewhat bearish trend exchanging session.

About Seagate Technology

Seagate Technology Holdings plc provides data storage technology and solutions in Singapore, the United States, the Netherlands, and internationally. It provides mass capacity storage products, including enterprise nearline hard disk drives (HDDs), enterprise nearline solid state drives (SSDs), enterprise nearline systems, video and image HDDs, and network-attached storage drives. The company also offers legacy applications comprising Mission Critical HDDs and SSDs; external storage solutions under the Seagate Ultra Touch, One Touch, and Expansion product lines, as well as under the LaCie brand name; desktop drives; notebook drives, DVR HDDs, and gaming SSDs. In addition, it provides Lyve edge-to-cloud mass capacity platform. The company sells its products primarily to OEMs, distributors, and retailers. Seagate Technology Holdings plc was founded in 1978 and is based in Dublin, Ireland.

Earnings Per Share

As for profitability, Seagate Technology has a trailing twelve months EPS of $-3.51.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Mar 20, 2024, the estimated forward annual dividend rate is 2.8 and the estimated forward annual dividend yield is 3.02%.

Yearly Top and Bottom Value

Seagate Technology’s stock is valued at $88.21 at 09:29 EST, way below its 52-week high of $101.26 and way higher than its 52-week low of $54.32.

Revenue Growth

Year-on-year quarterly revenue growth declined by 17.6%, now sitting on 6.47B for the twelve trailing months.

Moving Average

Seagate Technology’s worth is higher than its 50-day moving average of $87.44 and way higher than its 200-day moving average of $72.70.

More news about Seagate Technology (STX).

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