(VIANEWS) – Shares of Lam Research (NASDAQ Composite: LRCX) jumped 6.27% to $729.82 at 18:17 EST on Friday, after three sequential sessions in a row of gains. NASDAQ Composite is jumping 0.05% to $14,942.83, following the last session’s downward trend. This seems, as yet, a somewhat bullish trend exchanging session today.
Lam Research’s last close was $686.77, 4.6% below its 52-week high of $719.91.
Today’s last reported volume for Lam Research is 1465062 which is 6.81% above its average volume of 1371582.
The company’s growth estimates for the present quarter and the next is 44.8% and 40%, respectively.
Lam Research’s Revenue
Year-on-year quarterly revenue growth grew by 48.5%, now sitting on 14.63B for the twelve trailing months.
Lam Research’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.85%, a negative 0.22%, and a positive 1.60%, respectively.
Lam Research’s highest amplitude of average volatility was 1.35% (last week), 1.75% (last month), and 1.60% (last quarter), respectively.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions,
Lam Research’s stock is considered to be oversold (<=20).
Lam Research’s Stock Yearly Top and Bottom Value
Lam Research’s stock is valued at $729.82 at 18:17 EST, higher than its 52-week high of $719.91.
Lam Research’s Moving Average
Lam Research’s worth is way above its 50-day moving average of $607.60 and way higher than its 200-day moving average of $608.76.
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