Shares of Intel jumped by a staggering 10.08% to $58.60 at 09:39 EST on Wednesday, following last session’s upward trend. NASDAQ Composite is rising 0.28% to $13,072.43, following last session’s upward trend, This seems, up until now, a somewhat positive trend trading session today.
Intel’s last close was $53.24, 18.24% under its 52-week high of $69.29.
Intel’s sales growth is a negative 13.7% for the present quarter and a decline by 18.9% for the next. The company’s growth estimates for the ongoing quarter and the next is a negative 27.6% and a negative 35.2%, respectively.
Year-on-year quarterly revenue growth declined by 4.5%, now sitting on 78.1B for the twelve trailing months.
Intel’s last day, last week, and last month’s average volatility was 3.30%, 1.03%, and 0.27%, respectively.
Intel’s last day, last week, and last month’s high and low average amplitude percentage was 4.42%, 3.07%, and 3.01%, respectively.
Intel’s Stock Yearly Top and Bottom Value
Intel’s stock is valued at $58.60 at 09:39 EST, way below 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 way higher than its 50-day moving average of $49.32 and way higher than its 200-day moving average of $50.62.
Previous days news about Intel
Samsung surges after Intel is said to consider chip outsourcing. According to Bloomberg Quint on Monday, 11 January, "That has put Intel under intense competitive pressure and forced it to make last-minute changes to product road maps, complicating its decision making, the people said.", "As the provider of 80% of personal computer and server processors globally, Intel produces hundreds of millions of chips each year. "
Intel says 10-nanometer server chips coming in first quarter. According to Bloomberg Quint on Monday, 11 January, "Today marks a significant milestone for Intel as we continue to accelerate the delivery of our 10 nanometer products and maintain an urgent focus on execution to deliver a predictable cadence of leadership products," said Navin Shenoy, executive vice president and general manager Intel’s Data Platforms Group.", "New models will have improved security, more computing cores and be better suited to dealing with artificial intelligence workloads, Intel said on Monday."