Silicon Motion Technology Corporation (NASDAQ:SIMO) PEG Ratio At -3.56


Market experts has given a mean price target of $57.85 to Silicon Motion Technology Corporation (NASDAQ:SIMO) stock. The target price is the mean of all calls released by analysts in First Call poll. They have EPS estimate of $0.80 for the near-term quarter and $3.26 for this year.

Technical View

The technical assessment of Silicon Motion Technology Corpo pinpoints that the 50-day moving average of Silicon Motion Technology Corporation (NASDAQ:SIMO) stock is $52.77, and is trading $-2.44 points away or -4.63% from 50-day moving average of $52.77. It is trading $5.60 or +12.52% off 200-day MA of $44.73.

The 52-week high of Silicon Motion Technology Corporation (NASDAQ:SIMO) was $56.25 while $25.23 is the low point in the same period. Silicon Motion Technology Corpo share price has to rise more than $-5.92 to register a high for 52-weeks or drop +99.48% to make 52-week low. MA should be referred to as moving average.

Without understanding when a stock is over-valued, or too richly priced, a shareholder may miss out on a chance to cash-in on a profit and investment. Worse, a shareholder might close up their position when a price has no direction.

P/E ratio

Silicon Motion Technology Corporation (NASDAQ:SIMO) P/E ratio is 22.42 while PEG ratio is at -3.56. By overlooking a firm’s price-to-earnings ratio, a shareholder could miss out to discover the true value of stocks and end up investing in the wrong stocks. A P/E ratio is a computation of how much investors are wanting to pay for a purchasing an equity relative to the firm’s earnings. It is valuable when comparing the equity price of one firm to another trading in the same industry. The P/E ratio is discovered by dividing market value of stock by average earnings per share in a specified period of time, for instance, the past year.

Silicon Motion Technology Corpo stock recorded a close of $50.33 in last trading session, which brings it market cap to $1.78B.

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