NVIDIA Stock Weekly Update: Latest Stock Market News
NVIDIA Corporation (NVDA) had a strong week in the stock market, showing growth and gaining $7.25 or 5.58%. The stock closed at $139.93, opening at $138.55 and fluctuating between $134.71 and $139.02 throughout the day.
Over the past 52 weeks, NVDA has seen a significant price range between $47.32 and $152.89. Currently, the market capitalization is $3.355 trillion, with an average volume of 224,048,085 shares traded, and the latest volume at 169,431,279 shares.
NVDA’s PE ratio sits at 54.15, indicating a high earnings valuation, with an EPS (TTM) reported at $2.53. Investors can look forward to the next earnings report scheduled for February 26, 2025.
Despite a slight drop after hours, closing at $136.60, down $0.41 or -0.30%, investors continue to receive a forward dividend of $0.04 (yielding 0.03%), with the ex-dividend date set for September 12, 2024. The 1-year target estimate for NVIDIA is $172.80, showing potential upside despite recent fluctuations.
It’s important to note that this article is for informational purposes only and should not be considered financial advice. Happy investing!
