Stock News Alert:- Qualcomm Incorporated (NASDAQ: QCOM)

Shares of Qualcomm Incorporated (NASDAQ: QCOM) have been recently spotted trading -20.37% off of the 52-week high price. On the other end, company shares have been noted 13.61% away from the low price over the last 52-weeks. 52 week range of the stock remained $ 48.56 – 69.28. Switching over to some distances from popular moving averages, we see that the stock has been recorded -1.64% away from the 50 day moving average and -7.18% away from the 200 day moving average. Moving closer, we can see that shares have been trading -6.43% off of the 20-day moving average. 33800 employees work in the Company. It has market cap of $82.20B and dividend yield of 4.50%.

The Technology USA based company, QUALCOMM Incorporated closed with change of -2.27% to $55.17 with the total traded volume of 11832362 shares versus to an average volume of 9.87M. The stock was down in the 5 days activity -6.16%. The one month performance of stock was -5.26%. QCOM shares are at 0.86% for the quarter and driving a -0.47% return over the course of the past year and is now at -13.82% since this point in 2018.

Right now QCOM beta is 1.5. The average volatility for the week and month was at 2.21% 1.72% respectively. There are 1.49B shares outstanding and 1.48B shares are floated in market.

Qualcomm Incorporated (NASDAQ:QCOM) reported the appointment of two highly-qualified and independent Directors to its Board of Directors: Mark Fields, former President and Chief Executive Officer of Ford Motor Company, and Kornelis (Neil) Smit, Vice Chairman of Comcast Corporation.

These new Directors bring extensive experience in senior leadership and board-level positions, as well as broad knowledge and relevant expertise that will be valuable to the Company as it works to execute against its strategic plan to drive growth in mobile, and capitalize on the opportunity of mobile intersecting a broader set of industries, such as automotive, the Internet of Things, networking and mobile compute.

Jeffrey W. Henderson, Chairman of the Board, Qualcomm Incorporated said “Mark and Neil are well-respected in their fields and bring a wealth of experience and critical business knowledge of different industries that are pertinent to Qualcomm”. “The addition of these Directors is part of an ongoing process to ensure our Board is refreshed on a regular basis, and that the experience of the Board is aligned with the trajectory of the Company so that we can maximize stockholder value.”

Category – Technology

Grady Lawley is a blogger and press writer, has worked on topics like earnings reports, hot stocks and market news. He is an experienced professional with 10+ years in research, analysis and reporting. He enjoys taking complex ideas and translating them into content aimed at the general public. He has personal interests in health, fitness, animal care, gardening, travel, world politics, and current social issues, but always willing to learn something new. Grady has a Masters in Applied Finance and Investment. He specializes in income trading using options, is very conservative in his style and believes patience in waiting for the best setups is the key to successful trading. He covers articles for Technology category.

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