Market Movers

Seagate Technology Holdings plc’s Stock Price Dips to $93.05, Marking a 1.62% Decrease: An In-depth Analysis

Seagate Technology Holdings plc (STX)

93.05 USD -1.53 (-1.62%) Volume: 3.24M

Seagate Technology Holdings plc’s stock price stands at 93.05 USD, experiencing a slight dip of -1.62% this trading session, with a trading volume of 3.24M. Despite the session’s decrease, the stock showcases a positive YTD performance with a 9.00% increase, indicating robust market momentum.


Latest developments on Seagate Technology Holdings plc

Seagate Technology Holdings PL stock price has seen notable movements today, influenced by key events surrounding the company. The tech giant’s interactions with Nuvation Bio and AppFolio, as reported on TradingView News, have played a significant role in these fluctuations. The influence of other market players like CONSOL Energy and Reddit on the company’s stock performance further underscores the dynamism of the trading landscape for Seagate Technology Holdings PL.


A look at Seagate Technology Holdings plc Smart Scores

FactorScoreMagnitude
Value0
Dividend5
Growth2
Resilience5
Momentum4
OVERALL SMART SCORE3.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Seagate Technology Holdings PL, a company that specializes in computer hardware products, has received high scores in several important areas according to Smartkarma Smart Scores. With a perfect score of 5 in both Dividend and Resilience, the company shows strong stability and potential for long-term growth. Additionally, the company has a solid score of 4 in Momentum, indicating positive market sentiment and potential for future success. While its score of 2 in Growth may not be as strong as other categories, Seagate Technology Holdings PL still shows promise for continued success in the future.

Despite receiving a low score of 0 in Value, Seagate Technology Holdings PL has several positive factors that bode well for its long-term outlook. The company, which specializes in designing, manufacturing, and marketing hard disk drives and other computer hardware products, has a strong presence in enterprise and personal applications. With its high scores in Dividend and Resilience, Seagate Technology Holdings PL is a stable and reliable option for investors looking for long-term growth potential. Its positive momentum and solid score in Growth also suggest that the company is on the right track for continued success in the dynamic technology industry.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars