Qualcomm Inc. (QCOM) Pops 3.59% for February 17

Equities Staff |

One of the S&P 500’s big winners for Wednesday February 17 was Qualcomm Inc. (QCOM) as the company’s stock climbed 3.59% to $48.41 on volume of 10 million shares.

The stock opened at $47.05 and saw an intraday low of $47.01 and an intraday high of $48.48. All told, the day saw a per-share gain of $1.677. The stock’s average daily volume of 14.32 million and 1.49 billion shares outstanding. Qualcomm Inc. now has a 50-day SMA is $47.31 and 200-day SMA is $56.58, and it has a 52-week high of $74.09 and a 52-week low of $42.24.

Qualcomm Inc develops digital communication technology called CDMA (Code Division Multiple Access), & owns intellectual property applicable to products that implement any version of CDMA including patents, patent applications & trade secrets.

Based out of San Diego, CA, Qualcomm Inc. has 33,000 employees and, after today’s trading, reached a market cap of $72.36 billion. The stock’s P/E Ratio is 15.5. Its P/S ratio is 2.92, P/B ratio is 2.39, and P/FCF ratio is -56.5.

For a complete fundamental analysis analysis of Qualcomm Inc., check out Equities.com’s Stock Valuation Analysis report for QCOM. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

The S&P 500 represents the industry standard for large-cap indices. While the Dow Jones Industrial Average (DJIA) may be the most visible stock market index in the country, the S&P 500 has long been relied on by industry insiders and fund managers as the more reliable gauge of portfolio performance.

While the DJIA is price-weighted and only includes 30 stocks, the S&P 500 uses a weighting system that factors in market cap and the size of a company’s free float while including some 500 stocks for a more comprehensive look at the broader markets’ performance. Its performance is far more representative of the large- and mega-cap stocks for any period of time.

For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer


Emerging Growth

International Western Petroleum Inc

International Western Petroleum Inc is an exploration-stage oil and natural gas company. The Company is engaged in the acquisition, development, and exploration of crude oil and natural gas properties in…

Private Markets


Uber connects riders with safe, reliable, convenient transportation providers at a variety of price-points in cities around the world. Uber makes money from charging their drivers 20% of the fare…

Almond Smart Home Router by Securifi

Securifi sells user friendly touch screen routers that also have support for IoT/home automation.Securifi’s Almond revolutionized wireless router setup with its easy to use Touchscreen Interface in 2012. Now our…