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  • QUALCOMM, Inc. (NASDAQ:QCOM) upgraded Snapdragon 855’s Secure Processing Unit

QUALCOMM, Inc. (NASDAQ:QCOM) upgraded Snapdragon 855’s Secure Processing Unit

By on June 28, 2019 0

QUALCOMM, Inc. (NASDAQ:QCOM) has announced an upgrade to the Snapdragon 855’s Secure Processing Unit (SPU) which will bring the unit in line with the security standards of smart cards. The interesting aspect of this certification is that its validity is retroactive – since the SoC has not received any changes since the time of its presentation – so we can imagine that smartphone manufacturers based on Snapdragon 855 can take advantage of this to update their terminals and then introduce advanced features related to the management of payments, cryptocurrencies and much more.

QUALCOMM, Inc. (NASDAQ:QCOM), a Technology sector firm, traded 11.13 Million shares in last trading session with closing price of $75.43 per share. Company gross margin stands at 56.40% whereas its return on investment (ROI) is -25.00%. Stock value has moved between $48.98 – 90.88 in last one year. Analyst’s mean target price for QUALCOMM, Inc. (NASDAQ:QCOM) is $88.77 while analysts mean recommendation is 2.20. QCOM EPS growth this year is -282.80%. 

On last trading day, Kosmos Energy Ltd. (NYSE:KOS) shares closed at $6.21 per share. KOS market capitalization is 2468.48 with beta of 2.01. Analyst’s mean target price for Kosmos Energy Ltd. (NYSE:KOS) is $9.59 whereas analysts mean recommendation is 1.80. Its weekly performance is -0.80% while year to date (YTD) performance is 52.58%. 

In last session General Mills, Inc. (NYSE:GIS) traded 5.99 Million shares and was closed at $52.22. Analyst’s mean target price for GIS is $50.47 while analysts mean recommendation is 2.80. Company is -3.99% away from its 52 week high and is moving 43.38% ahead of its 52 week low. GIS Gross Margin is 34.50% and its return on assets is 5.00%. General Mills, Inc. (NYSE:GIS) quarterly performance is 1.42% while its price to sale ratio is 1.89. 

Snap Inc. (NYSE:SNAP), a Technology sector firm, traded 11.74 Million shares on last trading day with closing price of $14.58 per share. Company gross margin stands at 36.60% whereas its return on investment (ROI) is -55.00%. Stock value has moved between $4.83 – 15.03 in last one year. Analyst’s mean target price for Snap Inc. (NYSE:SNAP) is $11.56 while analysts mean recommendation is 3.00. SNAP EPS growth this year is 67.30%. 

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