(VIANEWS) – The NASDAQ opens in less than hour and Western Digital‘s pre-market value is already 7.05% up.
Western Digital’s last close was $60.72, 7.89% under its 52-week high of $65.92.
The last session, NASDAQ ended with Western Digital (WDC) rising 1.52% to $60.72. NASDAQ rose 1.25% to $16,369.41, after three sequential sessions in a row of gains, on what was an all-around positive trend trading session.
About Western Digital
Western Digital Corporation develops, manufactures, and sells data storage devices and solutions in the United States, China, Hong Kong, Europe, the Middle East, Africa, rest of Asia, and internationally. It offers client devices, including hard disk drives (HDDs) and solid state drives (SSDs) for desktop and notebook personal computers (PCs), gaming consoles, and set top boxes; and flash-based embedded storage products for mobile phones, tablets, notebook PCs, and other portable and wearable devices, as well as automotive, Internet of Things, industrial, and connected home applications. The company also provides enterprise HDDs; enterprise SSDs consisting of flash-based SSDs and software solutions for use in enterprise servers, online transactions, data analysis, and other enterprise applications; and data storage platforms. In addition, it offers external HDD storage products in mobile and desktop form; client portable SSDs; removable cards that are used in consumer devices comprising mobile phones, tablets, imaging systems, and cameras and smart video systems; universal serial bus flash drives for use in the computing and consumer markets; and wireless drive products used in-field backup of created content, as well as wireless streaming of high-definition movies, photos, music, and documents to tablets, smartphones, and PCs. The company sells its products under the Western Digital, SanDisk, and WD brands to original equipment manufacturers, distributors, dealers, resellers, and retailers. Western Digital Corporation was founded in 1970 and is headquartered in San Jose, California.
Earnings Per Share
As for profitability, Western Digital has a trailing twelve months EPS of $-7.26.
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 -19.72%.
Moving Average
Western Digital’s value is above its 50-day moving average of $56.14 and way above its 200-day moving average of $46.25.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 109.5% and 135.9%, respectively.
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