Market Movers

Seagate Technology Holdings plc’s Stock Price Soars to $100.73, Marking a Significant 4.08% Rise in Market Performance

By September 5, 2024 No Comments

Seagate Technology Holdings plc (STX)

100.73 USD +3.95 (+4.08%) Volume: 3.92M

Seagate Technology Holdings plc’s stock price soared to $100.73, marking a significant trading session increase of +4.08% on a volume of 3.92M, further extending its year-to-date gains to an impressive +17.99%.


Latest developments on Seagate Technology Holdings plc

Seagate Technology Holdings PL (NASDAQ:STX) stock price experienced fluctuations today following the latest news regarding Iris Energy Limited (NASDAQ:IREN) short interest update. Investors are closely monitoring the impact of this development on Seagate’s performance in the market. The short interest update on IREN has caused ripples in the tech sector, influencing the movement of related stocks like STX. Analysts are keeping a close eye on how these events will shape the trajectory of Seagate Technology Holdings PL stock price in the coming days.


A look at Seagate Technology Holdings plc Smart Scores

FactorScoreMagnitude
Value0
Dividend5
Growth2
Resilience5
Momentum3
OVERALL SMART SCORE3.0

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 offers computer hardware products, has received varying scores across different factors according to Smartkarma Smart Scores. While the company scored high in Dividend and Resilience, it scored lower in Value and Growth. This indicates that Seagate Technology Holdings PL may be a stable and reliable investment option for those seeking steady dividends and a strong ability to weather market challenges.

Looking ahead, Seagate Technology Holdings PL may need to focus on improving its Value and Growth scores to attract investors looking for potential long-term growth. Despite this, the company’s high scores in Dividend and Resilience suggest that it could still be a solid choice for those prioritizing consistent returns and stability in their investment portfolio.


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.
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