NVIDIA Corporation (NVDA) has seen some recent action in the marketplace and its common shares finished trading at $291.29 yesterday. Traders are starting to take interest of NVDA as the common shares traded as high as $300.25 and as low as $291.30 in the last market session.
NVIDIA Corporation (NVDA) average trading volume is 15.81M. However, in the last market session NVIDIA Corporation (NVDA) exchanged 9,222,391 shares. The first downside support level on NVDA is $287.39 and the first upside resistance level on NVDA is $315.41. NVDA 50 day moving average is $264.86 and NVDA 200 day moving average is $243.12.
NVIDIA Corporation (NVDA) current performance has been specified by the recent movement in NVDA common shares. NVDA has performed 20.43% over the past 4 weeks, NVDA has performed 18.86% over the past quarter and NVDA has shown 63.32% over the past 1 year. NVIDIA Corporation (NVDA) has a 1 year range of $132.60 to $316.32. NVIDIA Corporation (NVDA) is trading 121.52% from its 1 year low and -7.14% from its 1 year high. NVIDIA Corporation (NVDA) is displaying a 2.05% short float displaying the sum short in the float.
NVDA has 635.80M shares outstanding and 586.46M shares in the float. NVIDIA Corporation (NVDA) presently has a market cap of $186.76B and income of $2.80B. The EPS next quarter for NVDA is 1.68 and forecasted EPS net year is 20.32%. The market cap of NVIDIA Corporation (NVDA) at $186.76B represents how many Traders own shares of NVDA and is based off the last price ($291.29) of NVDA and the sum of shares outstanding (635.80M) with NVIDIA Corporation (NVDA).
NVIDIA Corporation (NVDA) has aggregate cash (mrq) of 10.9B, aggregate cash per share (mrq) of 17.81, aggregate debt of NVDA stands at 2.64B and aggregate debt/equity (mrq) is 21.66. NVIDIA Corporation (NVDA) operational cash flow (ttm) is 4.76B and NVDA leveraged free cash flow (ttm) is 3.19B.
NVDA is trading 4.01% above (bullish) its SMA20, 12.33% above (bullish) its SMA50 and 33.55% above (bullish) its SMA200.
In recent news, on April 30, 2020, it was announced, NVIDIA Sets Conference Call for First-Quarter Financial Results. In this news it stated, CFO Commentary to Be Provided in Writing Ahead of Call NVIDIA will host a conference call on Thursday, May 21, at 2:30 p.m. PT (5:30 p.m. ET) to discuss its financial results for the first quarter of fiscal year 2021, which ended April 26, 2020, and provide its outlook for the second quarter of fiscal year 2021, which will include the contribution from the Mellanox acquisition completed on April 27, 2020.
About NVIDIA Corporation (NVDA):
NVIDIA Corporation is the worldwide leader in visual computing technologies and the inventor of the graphic processing unit, or GPU. Over the years, the company’s focus has evolved from PC graphics to artificial intelligence (AI) based solutions that now support high performance computing (HPC), gaming and virtual reality (VR) platforms. NVIDIA’s GPU success can be attributed to its parallel processing capabilities supported by thousands of computing cores, which are necessary to run deep learning algorithms.