Seagate Technology Holdings plc’s Stock Price Dips to $87.54: A 4.43% Drop Triggers Market Attention

Seagate Technology Holdings plc (STX)

87.54 USD -4.06 (-4.43%) Volume: 4.44M

Seagate Technology Holdings plc’s stock price is currently at 87.54 USD, experiencing a trading day dip of -4.43%, with a trading volume of 4.44M. Despite the session’s decline, the stock maintains a positive YTD performance, showing a gain of +2.54%.

Latest developments on Seagate Technology Holdings plc

Seagate Technology Holdings PLC stock managed to outperform its competitors today, despite facing losses. Y Intercept Hong Kong Ltd decided to sell 21,623 shares of Seagate Technology Holdings plc (NASDAQ:STX), which may have contributed to the downward movement in the stock price. Despite this, Seagate Technology Holdings PLC remains strong in the market compared to its competitors.

A look at Seagate Technology Holdings plc Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Seagate Technology Holdings Public Limited Company, a company that specializes in computer hardware products, has received varying scores across different factors that determine its long-term outlook. While the company scored high in areas such as dividend and resilience, indicating strong performance in these aspects, it scored lower in value and growth. This suggests that Seagate Technology Holdings PL may be a stable investment option for those seeking consistent dividends and a company that can weather economic challenges well.

Overall, the Smartkarma Smart Scores paint a picture of Seagate Technology Holdings PL as a company with solid fundamentals in terms of dividend payouts and resilience, but with room for improvement in terms of value and growth. Investors looking for a reliable income stream and a company that can withstand market volatility may find Seagate Technology Holdings PL to be a suitable addition to their portfolio. However, those seeking high growth potential may need to consider other options in the market.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.

💡 Before it’s here, it’s on Smartkarma