Super Micro Computer Stock Bullish Momentum With A 28% Jump In The Last 21 Sessions

(VIANEWS) – Shares of Super Micro Computer (NASDAQ: SMCI) jumped by a staggering 28.5% in 21 sessions from $88.06 at 2023-02-21, to $113.16 at 15:28 EST on Wednesday, after two successive sessions in a row of gains. NASDAQ is rising 0.07% to $11,868.80, after two sequential sessions in a row of gains.

Super Micro Computer’s last close was $108.25, 3.79% above its 52-week high of $104.30.

About Super Micro Computer

Super Micro Computer, Inc., together with its subsidiaries, develops and manufactures high-performance server and storage solutions based on modular and open architecture. Its solutions range from complete server, storage, modular blade servers, blades, workstations, full racks, networking devices, server management software, and server sub-systems, as well as security software. The company also provides application-optimized server solutions, including rackmount and blade servers, storage systems, and subsystems and accessories; and server software management solutions, such as Server Management Suite, including Supermicro Server Manager, Supermicro Power Management software, Supermicro Update Manager, SuperCloud Composer, and SuperDoctor 5. In addition, it offers server subsystems and accessories comprising server boards, chassis, power supplies, and other accessories. Further, the company provides server and storage system integration, configuration, and software upgrade and update services; and technical documentation services, as well as identifies service requirements, creates and executes project plans, and conducts verification testing and training services. Additionally, it offers help desk and on-site product support services for its server and storage systems; and customer support services, including ongoing maintenance and technical support for its products. The company provides its products to enterprise data centers, cloud computing, artificial intelligence, and 5G and edge computing markets. It sells its products through direct and indirect sales force, distributors, value-added resellers, system integrators, and original equipment manufacturers. The company primarily operates in the United States, Europe, Asia, and internationally. Super Micro Computer, Inc. was incorporated in 1993 and is headquartered in San Jose, California.

Earnings Per Share

As for profitability, Super Micro Computer has a trailing twelve months EPS of $1.64.

PE Ratio

Super Micro Computer has a trailing twelve months price to earnings ratio of 69.13. Meaning, the purchaser of the share is investing $69.13 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 38.49%.

Volume

Today’s last reported volume for Super Micro Computer is 1285866 which is 11.56% below its average volume of 1453980.

Revenue Growth

Year-on-year quarterly revenue growth grew by 53.8%, now sitting on 6.65B for the twelve trailing months.

Growth Estimates Quarters

The company’s growth estimates for the present quarter is 28.4% and a drop 23.3% for the next.

Volatility

Super Micro Computer’s last week, last month’s, and last quarter’s current intraday variation average was 4.30%, 1.44%, and 3.38%.

Super Micro Computer’s highest amplitude of average volatility was 5.21% (last week), 3.97% (last month), and 3.38% (last quarter).

More news about Super Micro Computer (SMCI).

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