Qorvo, Inc. (NASDAQ:QRVO) Up 7.6% premarket: President
Trump and Chinese President Xi Jinping agreed to a cease-fire on trade that
will remove some curbs on Huawei Technologies, boosting shares of chip makers
that rely on trade and Chinese demand to boost revenue.
The insider ownership percentage is the key indicator,
can be used by investors, to measure the outlook of senior management has on
their company. Insider ownership for the QRVO is 0.50%. Institutional ownership
refers to the ownership stake in a company that is held by large financial
organizations, pension funds or endowments. The Institutional ownership for the
QRVO is 96.30%.
Insider trading is the buying or selling of any publicly traded company’s stock
and this can be done by someone who has non-public, material information about
that QRVO. Insider trading can be illegal or legal depending on when the
insider makes the trade. It is illegal when the material information is still
non-public. The insider transactions of the company (6-month change in insider
ownerships) for the Qorvo, Inc. (NASDAQ:QRVO) is -30.30%.
Institutional ownership is the amount of a Qorvo, Inc. (NASDAQ:QRVO)’s
available stock owned by mutual or pension funds, insurance companies,
investment firms, private foundations, endowments or other large entities that
actually manage the funds on the behalf of others, so its an interesting
element for the traders to note it, and the Institutional ownership for the
QRVO is -4.10%.
U.S traded Qorvo, Inc. (NASDAQ:QRVO) stock slumped -0.67% on Friday and when
day-trade ended the stock finally concluded at $66.61 and number of shares that
changed hands during the day are 1.24 Million. The number of shares QRVO stock
currently held by all its shareholders are 118.85 and floated shares, the
number of shares are available for trading in an open market on last trading
day are 117.52. The average volume of shares for 3 months is 1578.12 and QRVO
stock value has moved between $54.6 – 86.51 in last one year.
The Qorvo, Inc. (NASDAQ:QRVO)’s latest earnings date is 8/6/2019. The Gross
margin is the difference between the revenue and the cost of goods sold (COGS),
divided by revenue. In other words, Gross Margin is a percentage value, while
Gross Profit is a monetary value. The valuable gross margin for Qorvo, Inc.
(NASDAQ:QRVO) is 38.70% and the profit margin is 4.30% and the stock has gained
9.68% in 2019 to date.
U.S. traded shares of Qorvo, Inc. (NASDAQ:QRVO)’s monthly stock performance is
7.66%, the quarterly performance is -7.14%, the half year performance is
calculated as 10.30%. The yearly performance of QRVO is -16.62%.
The higher the volatility, the riskier the security. For example, when the
stock market rises and falls more than one percent over a sustained period of
time, it is called a “volatile” market, if the stock price stays
relatively stable, the security has low volatility. The Qorvo, Inc.
(NASDAQ:QRVO) weekly volatility is measured as 2.50% and monthly volatility measured
as 2.58%.
Return on assets (ROA) is a main indicator of how profitable a company is
relative to its total assets. QRVO return on assets is 2.30%, the return on
equity (ROE) of the Qorvo, Inc. (NASDAQ:QRVO) is 2.90%, while the most
important return on investment is calculates as a percentage and is typically
used for personal financial decisions, and QRVO return on investment is 4.60%.
The price to earnings ratio is 72.40, price to sales ratio is 2.56, and price
to book ratio is 1.86, price to free cash flow is 13.43.
Analysts mean target price for Qorvo, Inc. (NASDAQ:QRVO) is $73.26 while
analysts mean recommendation is 2.60. The current share price indicates that
stock is -22.99% away from its one year high and is moving 21.70% ahead of its
52-week low. QRVO’s distance from 20 day simple moving average is 4.27% and
distance from 50-Day simple moving average is -2.22%.
