Monday bloom on NVIDIA Corporation (NASDAQ:NVDA) [Trend Analysis], stock reduced around -1.09% in early session as its gaining volume of 12.27 Million. With the current trend in technology and gaming demanding exceptional speed and efficiency, it is no surprise that companies always come up with new breakthroughs to always outperform themselves. However, for tech giant NVIDIA, it looks like the race is at a standstill.
During the 2017 Consumer Electronics Show (CES), participants were anticipating the reveal of NVIDIA’s latest GeForce GTX 1080 Ti graphics card, which more or less has high-end PC gamers in mind. But when it was a no-show at the said event, everyone was left with a bitter taste in their tongue, disappointed and distraught.
Everyone was left wondering why NVIDIA chose to stay mum about the latest graphics card, and why it didn’t launch it during the CES 2017. The event was arguably one of the best platforms to announce the GeForce GTX 1080 Ti, and people are quick to speculate why it didn’t grab the opportunity.
The stock showed weekly upbeat performance of 0.55%, which maintained for the month at 2.34%. Similarly, the positive performance for the quarter recorded as 56.71% and for the year was 277.73%, while the YTD performance remained at -2.56%. NVDA has Average True Range for 14 days of 4.11.
United Microelectronics Corporation (NYSE:UMC) [Trend Analysis] pretends to be active mover, stock rose around 1.09% to traded at $1.85.
The liquidity measure in recent quarter results of the company was recorded 1.30 as current ratio, on the other side the debt to equity ratio was 0.40, and long-term debt to equity ratio remained 0.40. The Company has gross margin of 19.90% and profit margin was positive 6.20% in trailing twelve months. (Read Latest [Free Analytic] Facts on NYSE:UMC and Be Updated)
To accommodate long-term intention, the firm has diverse dividend or yield record, UMC has Dividend Yield of 4.86% and experts calculate Return on Investment of 3.00%. The firm has Profit Margin of positive 6.20%.
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