Western Digital Corporation (NASDAQ:WDC) currently has a “Sell” signals on Composite indicators by TrendSpotter. While the Short-Term Technical Indicators for the stock on 7-Day Average Directional Indicator shows “Buy” signal. 10 – 8 Day Moving Average Hilo Channel shows “Buy” signal. While 20-Day Moving Average VS Current Price shows “Buy” Signal.
Western Digital Corporation (NASDAQ:WDC) gained 4.87 Percent and closed its previous trading session at $87.02. The stock traded with the average Volume of 3.89 Million at the end of last session.
The company reported its last earnings Actual EPS of $3.95/share. While, the analyst predicted that the company could provide an EPS of $3.79/share. Hence the difference between Predicted EPS and Actual EPS reported is $0.16/share which shows an Earnings Surprise of 4.2 Percent.
Sell side analysts plays vital role in buying and selling a stock where 6 analysts rated Western Digital Corporation (NASDAQ:WDC) as Buy, 0 analysts given Outperform signal, 3 reported Hold, and 0 analysts rated the stock as Sell.
The stock’s current distance from 20-Day Simple Moving Average (SMA20) is 5.79% where SMA50 and SMA200 are -3.4% and 0.49% respectively.
The company shows its Return on Assets (ROA) value of 0.7%. The Return on Equity (ROE) value stands at 1.7%. While it’s Return on Investment (ROI) value is 6.4%.
Western Digital Corporation (NASDAQ:WDC) currently has a Weekly Volatility of 2.66% percent while its Monthly Volatility is at 3.35% percent. While talking about Performance of the Stock, Western Digital Corporation currently has a Weekly performance of 10.92%, monthly performance percentage is -4.76 percent, Quarterly performance is 4.43 percent, 6 months performance shows a percent value of -1.61% and Yearly Performance is -2.18 percent.
Western Digital Corporation addresses ever-changing market needs by providing a full portfolio of compelling, high-quality storage solutions with customer-focused innovation, high efficiency, flexibility and speed. Its products are marketed under the HGST, SanDisk and WD brands to OEMs, distributors, resellers, cloud infrastructure providers and consumers. Western Digital’s SanDisk Industrial and SanDisk Automotive card storage solutions provide superior endurance and reliability for commercial surveillance, intensive Industrial Internet of Things applications and connected automotive applications under extreme ambient temperatures. It also expanded its data center SSD and hard disk drives (HDD) portfolio with the introduction of next-generation storage solutions designed to help IT managers address the intensive data and extreme performance demands of today’s enterprise, cloud and hyperscale workloads. The Company’s devices and solutions are made using either rotating magnetic or NAND-flash technologies.