Home
News
- 1 NXPI stock price witnessed good trading volume since the last one month.
- 2 Due to which, the trading volume of NXP Semiconductors stock price also showed a bullish outlook.
NXP Semiconductors NV (NASDAQ: NXPI), a holding company, which engages in the provision of semiconductor solutions, has a market cap of nearly $49.32 Billion. Last year, the revenue of the company amounted to $13.21 Billion, and most of which around $6.88 Billion came from its highest performing source at the moment, Automotive.
Notably, the greatest contribution to the revenue figure was made by China as in the last year, it brought NXP Semiconductors N.V $4.70 Billion, and the year before that $4.18 Billion.
The earnings for Q1 2023 are $3.19, whereas the estimation was $3.02, which accounts for a 5.71% surprise. Also, its revenue for the same period amounts to $3.12 Billion despite the estimated figure of $3.00 Billion. Now, the estimated earnings for the next quarter are $3.26, while revenue is expected to reach $3.20 Billion.
Moreover, NXPI dividends are paid quarterly and the last dividend per share was $1.01. As of today, June 27, Dividend Yield (TTM)% is 1.82%, as per the data sourced from Tradingview, a web-based social network for traders.
NXPI Stock Price Analysis
NXPI stock price closed at $192.20 on Monday, and added nearly $3 in its trading price. It opened at the price of $189.99, gave a high of $195.26, while low was $189.53. The stock price declined nearly 3% in the last week, while its 1-month price shows almost 10% of price gain. Moreover, its year-to-date (YTD) price growth is nearly 20%.
As shown in the above price chart, the pre-market price of NXPI stock at $192.20 surpassed its 20-day moving average. A good trading volume in the stock showed traders’ interest in the company’s shares, while the upside ride of NXPI shares also showed positive indications.
NXP Semiconductors has experienced loss of confidence in its investors in the previous week. However, it is having a good trading performance in its all-time price analysis, which shows more than a 1300% price growth. The RSI also became a proof with reaching near to its overbought zone, but now slid down.
It must be noted the semiconductor stocks dominated the Nasdaq 100 leaderboard on Monday, with gains of between +1.5% and +2.8%. Some of the semiconductor stocks included GLOBALFOUNDRIES (GFS), Lam Research (LRCX), Applied Materials (AMAT), Qualcomm (QCOM), and NXP Semiconductors (NXPI).
Disclaimer
The views and opinions stated by the author, or any people named in this article, are for informational ideas only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.
Andrew is a blockchain developer who developed his interest in cryptocurrencies while pursuing his post-graduation major in blockchain development. He is a keen observer of details and shares his passion for writing, along with coding. His backend knowledge about blockchain helps him give a unique perspective to his writing skills, and a reliable craft at explaining the concepts such as blockchain programming, languages and token minting. He also frequently shares technical details and performance indicators of ICOs and IDOs.
