Western Digital Corporation (NASDAQ:WDC) disclosed that a factory
operated by Toshiba Memory Corporation as part of the two companies’ joint
production operations in Japan’s Yokkachi region had been affected by a power
outage on June 15. According to to the storage manufacturer, the outage not
only affected the facilities and tools used to make its flash storage, but six
exabytes of Western Digital NAND that was in production was lost.
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 WDC is 0.30%. 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
WDC is 90.20%.
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 WDC. 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 Western Digital Corporation (NASDAQ:WDC) is -1.97%.
Institutional ownership is the amount of a Western Digital Corporation
(NASDAQ:WDC)’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 WDC is 4.18%.
U.S traded Western Digital Corporation (NASDAQ:WDC) stock advanced 6.73% on
Friday and when day-trade ended the stock finally concluded at $47.55 and
number of shares that changed hands during the day are 14.8 Million. The number
of shares WDC stock currently held by all its shareholders are 292.00 and
floated shares, the number of shares are available for trading in an open
market on last trading day are 291.98. The average volume of shares for 3
months is 5969.92 and WDC stock value has moved between $33.72 – 80.59 in last
one year.
The Western Digital Corporation (NASDAQ:WDC)’s latest earnings date is
7/29/2019. 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 Western Digital Corporation (NASDAQ:WDC) is 28.50% and the profit
margin is 1.10% and the stock has gained 28.62% in 2019 to date.
U.S. traded shares of Western Digital Corporation (NASDAQ:WDC)’s monthly stock
performance is 20.50%, the quarterly performance is -1.06%, the half year
performance is calculated as 28.90%. The yearly performance of WDC is -38.49%.
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 Western Digital
Corporation (NASDAQ:WDC) weekly volatility is measured as 3.93% and monthly
volatility measured as 3.86%.
Return on assets (ROA) is a main indicator of how profitable a company is
relative to its total assets. WDC return on assets is 0.70%, the return on
equity (ROE) of the Western Digital Corporation (NASDAQ:WDC) is 1.80%, while
the most important return on investment is calculates as a percentage and is
typically used for personal financial decisions, and WDC return on investment
is 16.40%.
The price to earnings ratio is 112.95, price to sales ratio is 0.77, and price
to book ratio is 1.36, price to cash per share ration is 3.76, price to free
cash flow is 18.79.
Analysts mean target price for Western Digital Corporation (NASDAQ:WDC) is $51.77
while analysts mean recommendation is 2.60. The current share price indicates
that stock is -40.65% away from its one year high and is moving 40.56% ahead of
its 52-week low. WDC’s distance from 20 day simple moving average is 22.51% and
distance from 50-Day simple moving average is 8.42%.
