Stock market news: NVIDIA stock’s weekly review

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As of the latest update, NVIDIA Corporation (NVDA) has shown strong growth over the past week, gaining $7.25 or 5.58%. The stock closed at $139.93, with the opening price at $138.55. The day’s range fluctuated between $134.71 and $139.02, reflecting market volatility.

The 52-week range for NVDA has been between $47.32 and $152.89, showing significant price variation over the year. The current market capitalization stands at $3.355 trillion, while the average volume traded is 224,048,085 shares, with the latest volume at 169,431,279 shares.

The company’s PE ratio is 54.15, indicating its high earnings valuation. EPS (TTM) is reported at $2.53. NVIDIA’s next earnings report is scheduled for February 26, 2025.

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Investors are also receiving a forward dividend of $0.04 (yielding 0.03%), with the ex-dividend date set for September 12, 2024. Despite the strong weekly performance, the stock saw a small drop after hours, closing at $136.60, down by $0.41 or -0.30%.

The 1-year target estimate for NVIDIA is $172.80, reflecting a potential upside despite the slight recent pullback.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice.