Is Sandisk Corp (SNDK) a good stock to buy now?

Sandisk Corp (NASDAQ: SNDK) is 47.22% higher on its value in year-to-date trading and has touched a low of $34.99 and a high of $55.01 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 SNDK stock was last observed hovering at around $51.00 in the last trading session, with the day’s gains setting it 2.0%.

Currently trading at $53.00, the stock is 12.94% and 12.94% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.22 million and changing 3.92% at the moment leaves the stock 12.94% off its SMA200.

Sandisk Corp (SNDK) has around 12000 employees, a market worth around $6.14B and $7.01B in sales. Current P/E ratio is 133.84 and Fwd P/E is 10.79. Profit margin for the company is 0.80%. Distance from 52-week low is 51.47% and -3.65% from its 52-week high. The company has generated returns on investments over the last 12 months (-5.10%).