Stocks of Dell Technologies Inc (NYSE:DELL) traded higher last session on Wall Street, up 1.12% to $116.53.
DELL stock price is now -7.62% away from the 50-day moving average and -6.58% away from the 200-day moving average. The market capitalization of the company currently stands at $81.62B.
On September 17, 2024, Mizuho recently initiated its ‘Outperform’ rating on the stock quoting a target price of $135, while ‘Susquehanna’ rates the stock as ‘Neutral’
In other news, Vojvodich Radakovich Lynn, Director sold 725 shares of the company’s stock on Dec 16 ’24. The stock was sold for $87,000 at an average price of $120.00. Upon completion of the transaction, the Director now directly owns 23,680 shares in the company, valued at $2.76 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 16 ’24, Director Vojvodich Radakovich Lynn bought 725 shares of the business’s stock. A total of $87,000 was incurred on buying the stock at an average price of $120.00. A total of 56.73% of the company’s stock is owned by insiders.
During the past 12 months, Dell Technologies Inc has had a low of $74.32 and a high of $179.70. According to the stock market information, the enterprise value for the company is $120382013440, which is based on a 20.60 price-to-earnings ratio, a 1.51 price-to-earnings-growth ratio, and a beta of 0.92. The fifty day moving average price for DELL is $126.3268 and a two-hundred day moving average price translates $124.6864 for the stock.
The latest earnings results from Dell Technologies Inc (NYSE: DELL) was released for 2024-08-02. The company reported revenue of $25.03 billion for the quarter, compared to $22.93 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 9.12 percent.
