Dell Technologies Inc. (NYSE: DELL)’s stock price has plunge by -2.50relation to previous closing price of 47.54. Nevertheless, the company has seen a 2.14% surge in its stock price over the last five trading sessions. Barron’s reported on 03/20/23 that Dell Stock Gains Ground As Goldman Issues New Buy Rating
Is It Worth Investing in Dell Technologies Inc. (NYSE: DELL) Right Now?
The price-to-earnings ratio for Dell Technologies Inc. (NYSE: DELL) is above average at 14.41x. The 36-month beta value for DELL is also noteworthy at 0.97. There are mixed opinions on the stock, with 10 analysts rating it as a “buy,” 3 rating it as “overweight,” 7 rating it as “hold,” and 0 rating it as “sell.”
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The public float for DELL is 232.93M, and at present, short sellers hold a 4.57% of that float. The average trading volume of DELL on May 24, 2023 was 4.54M shares.
DELL’s Market Performance
The stock of Dell Technologies Inc. (DELL) has seen a 2.14% increase in the past week, with a 8.60% rise in the past month, and a 10.86% gain in the past quarter. The volatility ratio for the week is 2.71%, and the volatility levels for the past 30 days are at 2.40% for DELL. The simple moving average for the past 20 days is 3.13% for DELL’s stock, with a 13.47% simple moving average for the past 200 days.
DELL Trading at 9.94% from the 50-Day Moving Average
After a stumble in the market that brought DELL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -11.88% of loss for the given period.
Volatility was left at 2.40%, however, over the last 30 days, the volatility rate increased by 2.71%, as shares surge +11.12% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +26.74% upper at present.
During the last 5 trading sessions, DELL rose by +2.14%, which changed the moving average for the period of 200-days by +2.07% in comparison to the 20-day moving average, which settled at $45.17. In addition, Dell Technologies Inc. saw 15.24% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at DELL starting from Rothberg Richard J, who sale 200,958 shares at the price of $45.36 back on Apr 18. After this action, Rothberg Richard J now owns 149,379 shares of Dell Technologies Inc., valued at $9,115,455 using the latest closing price.
Rios Brunilda, the Chief Accounting Officer of Dell Technologies Inc., sale 22,042 shares at $43.78 during a trade that took place back on Apr 17, which means that Rios Brunilda is holding 18,647 shares at $964,999 based on the most recent closing price.
Stock Fundamentals for DELL
Equity return is now at value -82.00, with 2.80 for asset returns.
Conclusion
In summary, Dell Technologies Inc. (DELL) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
