Among the biggest risers on the S&P 500 on Wednesday March 13 was NVIDIA Corporation ($NVDA), popping some 3.75% to a price of $168.62 a share with
some 18.94 million shares trading hands.
Starting the day trading at $164.03, NVIDIA Corporation reached an intraday high of $169.80 and hit intraday lows of $163.73. Shares gained $6.1 apiece by day’s end. Over the last 90
days, the stock’s average daily volume has been n/a of its 606 million share total float. Today’s action puts the stock’s 50-day SMA at $n/a and 200-day
SMA at $n/a with a 52-week range of $124.46 to $292.76.
Nvidia is a leading designer of graphics chips that enhance the experience on computing platforms. The firm’s chips are used in a variety of end markets, including high-end PCs for gaming, data centers, and automotive infotainment systems. In recent years, the firm has broadened its focus from traditional PC graphics applications such as gaming to more complex and favorable opportunities, including artificial intelligence and autonomous driving, which leverage the high-performance capabilities of the firm’s graphics processing units.
NVIDIA Corporation has its corporate headquarters located in Santa Clara, CA and employs 13,277 people. Its market cap has now risen to $102.18 billion after today’s trading, its P/E
ratio is now 24.5, its P/S 8.41, P/B 10.94, and P/FCF n/a.
You can find a complete fundamental analysis of this stock at our For a complete fundamental analysis analysis of NVIDIA Corporation, check out Stock Valuation Analysis tool for NVDA.
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The Dow Jones Industrial Average (DJIA) is the most visible stock index in the United States, but that doesn’t make it the best. In fact, the industry standard for market watchers and institutional
investors in gauging portfolio performance is the S&P 500.
The DJIA relies on just 30 stocks as a sample of large- and mega-cap firms, dwarfed by the 500 contained in the S&P 500, and it also weights its returns using an outdated and flawed price-weighting
method. The S&P 500’s weighting is based on market cap, making it a much better representation of actual market performance for large- and mega-cap stocks.
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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