Shares of Intel slid 5.52% to $59.12 at 14:19 EST on Friday, following last session’s downward trend. NASDAQ Composite is jumping 1.59% to $14,038.09, following last session’s downward trend, This seems, up until now, an all-around positive trend trading session today.
Intel’s last close was $62.57, 14.07% below its 52-week high of $67.44.
Intel’s sales growth is a negative 10.8% for the ongoing quarter and a decline by 0.3% for the next. The company’s growth estimates for the present quarter is a negative 11.4% and positive 4.5% for the next.
Year-on-year quarterly revenue growth declined by 0.8%, now sitting on 77.71B for the twelve trailing months.
Intel’s Stock Yearly Top and Bottom Value
Intel’s stock is valued at $59.12 at 14:19 EST, way under its 52-week high of $67.44 and way higher than its 52-week low of $43.61.
Intel’s Moving Average
Intel’s value is under its 50-day moving average of $62.60 and above its 200-day moving average of $53.91.
Previous days news about Intel
: Intel avoids another payout in patent trials: report. According to MarketWatch on Wednesday, 21 April, "A federal jury in Waco, Texas, ruled that Intel did not infringe two patents held by VLSI Technology LLC that make chips faster using less energy, Bloomberg News reported. ", "Shares of Intel were up 0.3% after hours, following a 1.6% gain in the regular session to close at $63.70."
Stocks making the biggest moves after the bell: Intel, snap, silicon labs, Boston beer & more. According to CNBC on Thursday, 22 April, "Intel – Shares of the semiconductor chip manufacturer slipped 1.7% after Intel issued second-quarter earnings guidance that was below analyst expectations. "
Intel says expansion site in Ireland has Covid-19 outbreak. According to Bloomberg Quint on Thursday, 22 April, "We understand the number of positive cases to be approximately 70, but it is a fluid situation," Intel said in a statement. ", "Under new Chief Executive Officer Pat Gelsinger, Intel has committed to increasing spending on new plants and equipment to try to win back leadership in chip manufacturing technology and to increase capacity to make semiconductors for other companies amid shortages. "
Intel corporation Q1 adjusted earnings of $1.39 per share. According to Business Insider on Thursday, 22 April, "Excluding items, Intel Corporation reported adjusted earnings of $5.70 billion or $1.39 per share for the period."
More news about Intel.