Shares of QUALCOMM Incorporated (QCOM) Sees Large Outflow of Money

QUALCOMM Incorporated (QCOM) managed to stay afloat and traded higher with an addition of 0.03 point or 0.05% at $58.55. The money flow data is a negative $(-10.25) million with $7.54 million in upticks and $17.79 million in downticks. The intraday up/down ratio came in at 0.42. The shares has seen -0.15% change for the week in its share price.From the data available, it was found that a block transaction occurred during the course of trading. For it, the aggregated worth of the upticks was $0 million and the combined worth of the downticks was $10.35, Million, leading to the up/down ratio of 0. The block trade saw a net money flow of $(-10.35) million.

Based on the Stock Research reports from financial advisors, there are 11 Analysts recommending as a Strong Buy, Investors should also note that 10 Stock brokerage firms are recommending to Hold the stock for short term. There are 1 Analysts recommending as a Strong Sell. QUALCOMM Incorporated (NASDAQ:QCOM) witnessed a decline in the market cap on Thursday as its shares dropped 0.29% or 0.17 points. After the session commenced at $58.3, the stock reached the higher end at $58.73 while it hit a low of $58.16. With the volume soaring to 7,206,192 shares, the last trade was called at $58.35. The company has a 52-week high of $71.62. The company has a market cap of $86,185 million and there are 1,477,041,000 shares in outstanding. The 52-week low of the share price is $49.67.

According to the corporate earnings calendar, QUALCOMM Incorporated will release next earnings on Apr 19, 2017 with an estimated EPS consensus of $1.05. Based on the consensus of stock financial advisors the stock has a price target of $65.57. Current year estimate on EPS consensus is $4.11. The Estimated EPS rate for Long term growth is $8.8. For Dividend Investing Stock Market Traders QUALCOMM Incorporated has a Dividend Yield of 3.62% with an Annual Dividend of $2.12. It has a Payout Ratio of 0.51 and the change in Dividend payout ratio is 0.12.

QUALCOMM Inc. develops and delivers innovative digital wireless communications products and services based on the companys CDMA digital technology. The companys business areas include CDMA integrated circuits and system software; technology licensing; the Binary Runtime Environment for Wireless applications development platform; Eudora e-mail software; digital cinema systems; and satellite-based systems including portions of the Globalstar system and wireless fleet management systems, OmniTRACS and OmniExpress. (Company Press Release)


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