rts logo

Positives for Taiwan Semiconductor Manufacturing ADR (TSM) as stock gains in recent trading

Taiwan Semiconductor Manufacturing ADR (NYSE: TSM) is 62.57% higher on its value in year-to-date trading and has touched a low of $84.01 and a high of $193.47 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The TSM stock was last observed hovering at around $171.28 in the last trading session, with the day’s loss setting it -2.21%.

Currently trading at $169.07, the stock is 2.67% and -1.16% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 9.56 million and changing -1.29% at the moment leaves the stock 23.14% off its SMA200. TSM registered 82.72% gain for a year compared to 6-month gain of 29.42%.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The stock witnessed a 4.40% loss in the last 1 month and extending the period to 3 months gives it a 5.67%, and is -3.64% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.92% over the week and 4.13% over the month.

Taiwan Semiconductor Manufacturing ADR (TSM) has around 76478 employees, a market worth around $876.81B and $76.56B in sales. Current P/E ratio is 30.25 and Fwd P/E is 20.56. Profit margin for the company is 37.86%. Distance from 52-week low is 101.24% and -12.61% from its 52-week high. The company has generated returns on investments over the last 12 months (19.61%).

with sales reaching $22.78B over the same period.The EPS is expected to grow by 26.22% this year, but quarterly earnings will post 25.10% year-over-year. Quarterly sales are estimated to grow 33.40% in year-over-year returns.

Taiwan Semiconductor Manufacturing ADR (TSM) Top Institutional Holders

The shares outstanding are 5.19B, and float is at 5.19B with Short Float at 0.65%.

The top institutional shareholder in the company is FMR LLC with over 52.19 million shares valued at $9.07 billion. The investor’s holdings represent 1.0064% of the TSM Shares outstanding. As of 2024-06-30, the second largest holder is JPMORGAN CHASE & CO with 41.76 million shares valued at $7.26 billion to account for 0.8052 of the shares outstanding. The other top investors are SANDERS CAPITAL, LLC which holds 41.71 million shares representing 0.8043% and valued at over $7.25 billion, while CAPITAL WORLD INVESTORS holds 0.7723 of the shares totaling 40.05 million with a market value of $6.96 billion.

Taiwan Semiconductor Manufacturing ADR (TSM) Insider Activity

#####

Related Posts