Shares of Intel jumped 2.98% to $49.79 at 15:06 EST on Tuesday, after five consecutive sessions in a row of gains. The Nasdaq Stock Market is rising 1.55% to $12,388.10, following yesterday’s downward trend, on what up until now seems, an all-around positive trend trading session today.
Intel’s last close was $48.35, 39.16% below its 52-week high of $69.29.
Intel’s sales growth is a negative 13.7% for the ongoing quarter and a decline by 17.6% 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 Stock Top and Bottom Yearly Value
Intel’s stock is valued at $49.79 at 15:06 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 higher than its 50-day moving average of $47.87 and below its 200-day moving average of $53.05.
Previous days news about Intel
According to yesterday’s article on Bloomberg Quint, “Biden and Harris to Receive Intelligence Briefings Monday.”
According to yesterday’s article on Bloomberg Quint, “ServiceNow to Buy Element AI in Artificial Intelligence Push.”