(VIANEWS) – Shares of NVIDIA (NASDAQ: NVDA) jumped by a staggering 28.09% in 21 sessions from $128.96 at 2022-10-26, to $165.19 at 10:43 EST on Thursday, after two successive sessions in a row of gains. NASDAQ is rising 0.99% to $11,285.32, after two consecutive sessions in a row of gains.
NVIDIA’s last close was $165.19, 52.32% under its 52-week high of $346.47.
NVIDIA Corporation provides graphics, and compute and networking solutions in the United States, Taiwan, China, and internationally. The company’s Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building 3D designs and virtual worlds. Its Compute & Networking segment provides Data Center platforms and systems for AI, HPC, and accelerated computing; Mellanox networking and interconnect solutions; automotive AI Cockpit, autonomous driving development agreements, and autonomous vehicle solutions; cryptocurrency mining processors; Jetson for robotics and other embedded platforms; and NVIDIA AI Enterprise and other software. The company’s products are used in gaming, professional visualization, datacenter, and automotive markets. NVIDIA Corporation sells its products to original equipment manufacturers, original device manufacturers, system builders, add-in board manufacturers, retailers/distributors, independent software vendors, Internet and cloud service providers, automotive manufacturers and tier-1 automotive suppliers, mapping companies, start-ups, and other ecosystem participants. It has a strategic collaboration with Kroger Co. NVIDIA Corporation was incorporated in 1993 and is headquartered in Santa Clara, California.
Earnings Per Share
As for profitability, NVIDIA has a trailing twelve months EPS of $6.9.
NVIDIA has a trailing twelve months price to earnings ratio of 23.94. Meaning,
the purchaser of the share is investing $23.94 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 34.41%.
Classification of Stock Prices
The stochastic oscillator is a helpful indicator for overbought or oversold situations.
NVIDIA stock considered oversold (=20).
Yearly Top and Bottom Value
NVIDIA’s stock is valued at $165.19 at 10:43 EST, way under its 52-week high of $346.47 and way above its 52-week low of $108.13.
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