The stock of KLA Corporation (KLAC) has seen a -3.48% decrease in the past week, with a -0.75% drop in the past month, and a -0.13% decrease in the past quarter. The volatility ratio for the week is 2.31%, and the volatility levels for the past 30 days are at 2.67% for KLAC. The simple moving average for the past 20 days is -2.37% for KLAC’s stock, with a 13.26% simple moving average for the past 200 days.
Is It Worth Investing in KLA Corporation (NASDAQ: KLAC) Right Now?
KLA Corporation (NASDAQ: KLAC) has a higher price-to-earnings ratio of 19.92x compared to its average ratio, and the 36-month beta value for KLAC is at 1.35.
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The public float for KLAC is 136.41M, and currently, shorts hold a 1.64% of that float. The average trading volume for KLAC on September 15, 2023 was 960.71K shares.
KLAC) stock’s latest price update
The stock of KLA Corporation (NASDAQ: KLAC) has decreased by -0.77 when compared to last closing price of 483.60.Despite this, the company has seen a loss of -3.48% in its stock price over the last five trading days. InvestorPlace reported 2023-09-14 that Although geopolitical conflicts between major economic powers are generally something to be avoided, for semiconductor stocks trading amid the backdrop of the U.S.-China chip war, the bad news just might be good news. With more than just competitive bragging rights involved, the technology sector has never been more crucial.
KLAC Trading at -1.12% from the 50-Day Moving Average
After a stumble in the market that brought KLAC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -7.75% of loss for the given period.
Volatility was left at 2.67%, however, over the last 30 days, the volatility rate increased by 2.31%, as shares surge +1.24% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.56% upper at present.
During the last 5 trading sessions, KLAC fell by -3.48%, which changed the moving average for the period of 200-days by +26.28% in comparison to the 20-day moving average, which settled at $491.84. In addition, KLA Corporation saw 27.28% 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 KLAC starting from Hanley Jeneanne Michelle, who sale 500 shares at the price of $508.97 back on Sep 06. After this action, Hanley Jeneanne Michelle now owns 3,054 shares of KLA Corporation, valued at $254,486 using the latest closing price.
Donzella Oreste, the Executive Vice President of KLA Corporation, sale 2,633 shares at $507.01 during a trade that took place back on Sep 05, which means that Donzella Oreste is holding 23,815 shares at $1,334,957 based on the most recent closing price.
Stock Fundamentals for KLAC
Current profitability levels for the company are sitting at:
- +38.35 for the present operating margin
- +58.99 for the gross margin
The net margin for KLA Corporation stands at +32.37. The total capital return value is set at 46.79, while invested capital returns managed to touch 39.96. Equity return is now at value 131.40, with 24.80 for asset returns.
Based on KLA Corporation (KLAC), the company’s capital structure generated 201.75 points at debt to equity in total, while total debt to capital is 66.86. Total debt to assets is 43.09, with long-term debt to equity ratio resting at 201.75. Finally, the long-term debt to capital ratio is 66.86.
When we switch over and look at the enterprise to sales, we see a ratio of 6.59, with the company’s debt to enterprise value settled at 0.08. The receivables turnover for the company is 5.70 and the total asset turnover is 0.78. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.20.
Conclusion
In conclusion, KLA Corporation (KLAC) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.
