(VIANEWS) – Shares of Seagate Technology (NASDAQ: STX) jumped by a staggering 27.4% in 21 sessions from $56.44 at 2023-01-10, to $71.90 at 11:15 EST on Thursday, following the last session’s downward trend. NASDAQ is jumping 1.07% to $12,037.94, following the last session’s downward trend.
Seagate Technology’s last close was $71.08, 37.37% below its 52-week high of $113.50.
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 $3.96.
PE Ratio
Seagate Technology has a trailing twelve months price to earnings ratio of 18.17. Meaning, the purchaser of the share is investing $18.17 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 921.6%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 34.7%, now sitting on 10.58B for the twelve trailing months.
More news about Seagate Technology (STX).
