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Intel Stock Bearish Momentum With A 2% Slide At Session Start On Friday

Via News Editorial Team

December 18, 2020

Intel Stock Bearish Momentum With A 2% Slide At Session Start On Friday

Shares of Intel dropped 2.3% to $49.49 at 10:42 EST on Friday, following yesterday's downward trend. The Nasdaq Stock Market is falling 0.17% to $12,742.80, after four sequential sessions in a row of gains. This seems, up to now, a somewhat rough trend exchanging session today.

Intel's last close was $50.65, 40.01% under its 52-week high of $69.29.

Intel's Sales

Intel's sales growth is a negative 13.7% for the present quarter and a decline by 17.6% for the next. The company's growth estimates for the present quarter and the next is a negative 27.6% and a negative 35.2%, respectively.

Intel's Revenue

Year-on-year quarterly revenue growth declined by 4.5%, now sitting on 78.1B for the twelve trailing months.

Intel's Stock Yearly Top and Bottom Value

Intel's stock is valued at $49.49 at 10:42 EST, way under its 52-week high of $69.29 and way above its 52-week low of $43.61.

Intel's Moving Average

Intel's worth is above its 50-day moving average of $47.49 and below its 200-day moving average of $52.20.