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Performance Comparison of Western Digital Corporation (NASDAQ:WDC), General Electric Company (NYSE:GE)

Western Digital Corporation (NASDAQ:WDC)

Western Digital Corporation (NASDAQ:WDC), ended its previous trading session at $42.49 showing a loss of -0.229999999999997 or -0.54 percent with respect to the price of $42.72 when stock market opened. The company traded 3.9 Million shares over the course of the trading day. Giving the average volume of 6.09 Million over the course of 3 consecutive months. Which signifies a pretty good change over the time with its shares outstanding of 303 Million.

Western Digital Corporation (NASDAQ:WDC) is currently trading lower than its price target which is set to $50.82 by the analyst. The stock is -40.99% Below its 1-Year High which is $72.00. WDC has a difference of 55.07% from its 1 year low which stands at $27.40. The company is currently rated by analyst who are keeping a close eye on the stock as 2.2. Where 1 means Buy, 2.5 meaning Hold and 5 as Sell.

Western Digital Corporation (NASDAQ:WDC) Performance Snapshot

The stock performed exceptionally good in the previous week which depicts an increase of 4.66 percent in the shares price. The company added about 2.61% in its share price over 1-Month. While taking about the performance of the stock over 1-year interval is -10.59 Percent. WDC currently shows -33.05% as its year to date performance.

Western Digital Corporation (NASDAQ:WDC) Price Insight

The stock needs to grow about $8.33 to reach its price target. In order to seek the stock’s directional movements, 20-Days, 50 Days and 200-Days moving averages are 5.75%, 9.6% and -1.51 percent respectively. The stock trades about 2.64 percent of its Float giving its total shares Outstanding are 303 Million. WDC lost about -0.47 percent in 6 months showing its Average True Range of 1.55. The company currently has a RSI and Beta of 60.16 and 1.58.

While talking about Western Digital Corporation (NASDAQ:WDC) valuation ratios, the stock trades with a P/S and P/B of 0.74 and 1.34 which is significantly better and attractive as compared to its peers.

General Electric Company (NYSE:GE)

General Electric Company (NYSE:GE), closed the last trading session at $9.73 with increase of $0.0500000000000007 or 0.52 percent against the opening price of $9.68. The trading day volume of the company stands at 148.16 Million shares while the average trading volume of General Electric Company (NYSE:GE) is 107.52 Million over the course of 3 consecutive months. Which signifies a pretty good change over the time with its shares outstanding of 8.76 Billion.

The price target of General Electric Company (NYSE:GE) is currently set at 8.76 by the analysts. The stock is $-26.62 Below its 1-Year High which is $13.26. GE hit its 1-Year low price of $5.48. The company is currently rated by analyst who are keeping a close eye on the stock as 2.2. Where 1 means Buy, 2.5 meaning Hold and 5 as Sell.

Performance Indicators of General Electric Company (NYSE:GE)

The value of the stock increased by 9.45% during the previous week performance. Looking at the 1 month performance of General Electric Company (NYSE:GE), the stock jumped 32.56%. While the 1 year performance shows a negative percentage of -15.39 and year to date performance stands at -12.81%.

General Electric Company (NYSE:GE) Analytical Review

The stock needs to grow about $-0.970000000000001 to reach its price target. In order to seek the stock’s directional movements, 20-Days, 50 Days and 200-Days moving averages are 19.75%, 36.22% and 30.81 percent respectively. The stock trades about 0.93 percent of its Float giving its total shares Outstanding are 8.76 Billion. GE gained about 50.15 percent in 6 months showing its Average True Range of 0.38. The company currently has a RSI and Beta of 82.83 and 0.88.

While talking about General Electric Company (NYSE:GE) valuation ratios, the stock trades with a P/S and P/B of 0.96 and 2.56 which is significantly better and attractive as compared to its peers.

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