NVIDIA Corporations in-depth stock price analysis indicates that the stock price has rallied 21.7% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 83.17% . Looking at the past 52 week period, the stock price is up at 341.59% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of NVIDIA Corporation has a positive value of 199.58 compared to overall market. NVIDIA Corporation (NASDAQ:NVDA) has tumbled 0.66% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 9.85% in the last four weeks. The stocks have underperformed the S&P 500 by 1.47% during the past week but NVIDIA Corporation (NASDAQ:NVDA) it has outperformed the index in 4 weeks by 7.89%.
NVIDIA Corporation (NASDAQ:NVDA) stock ended Friday session in the red zone in a volatile trading. The stock closed down 2.76 points or 2.37% at $113.62 with 41,277,341 shares getting traded. Post opening the session at $119.93, the shares hit an intraday low of $112.6 and an intraday high of $120.7 and the price was in this range throughout the day. The company has a market cap of $61,241 million and the number of outstanding shares has been calculated to be 539,000,000 shares. The 52-week high of NVIDIA Corporation (NASDAQ:NVDA) is $120.92 and the 52-week low is $24.75.
NVIDIA Corporation Last issued its quarterly earnings results on Feb 9, 2017. The company reported $1.13 EPS for the quarter, beating the analyst consensus estimate by $ 0.15. Analyst had a consensus of $0.98. The company had revenue of $2170.00 million for the quarter, compared to analysts expectations of $2102.93 million. The companys revenue was up 54.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.52 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by Mizuho on Feb 10, 2017 to Buy, Raises Price Target to $ 130 from a previous price target of $115 .Company shares were Reiterated by RBC Capital Mkts on Feb 10, 2017 to Outperform, Raises Price Target to $ 130 from a previous price target of $124 .NVIDIA Corporation was Downgraded by ROTH Capital to Neutral on Feb 6, 2017. NVIDIA Corporation was Initiated by CLSA on Feb 3, 2017 to Underperform, Price Target of the shares are set at $115.Company shares were Reiterated by RBC Capital Mkts on Feb 2, 2017 to Outperform, Raises Price Target to $ 124 from a previous price target of $115 .
Company has reported several Insider transactions to the SEC, on Jan 13, 2017, Jen Hsun Huang (President and CEO) sold 41,666 shares at 102.74 per share price.On Dec 29, 2016, Tench Coxe (director) sold 50,000 shares at 116.70 per share price.On Dec 16, 2016, A Brooke Seawell (director) sold 3,106 shares at 96.90 per share price.
NVIDIA Corporation designs, develops and markets a top-to-bottom family of award-winning 3D graphics processors, graphics processing units and related software that set the standard for performance, quality and features for every type of desktop personal computer user, from professional workstations to low-cost computers. NVIDIA Corporations 3D graphics processors are used in a wide variety of applications, including games, the Internet and industrial design.