Currently, there are 5.19B common shares owned by the public and among those 5.19B shares have been available to trade.
However, the script later moved the day high at 146.51, down -3.46%. The company’s stock has a 5-day price change of -10.40% and 11.82% over the past three months. TSM shares are trading 22.79% year to date (YTD), with the 12-month market performance up to 46.39% higher. It has a 12-month low price of $81.21 and touched a high of $158.40 over the same period. TSM has an average intraday trading volume of 16.16 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -9.17%, -6.46%, and 19.24% respectively.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Institutional ownership of Taiwan Semiconductor Manufacturing ADR (NYSE: TSM) shares accounts for 17.35% of the company’s 5.19B shares outstanding.
It has a market capitalization of $662.38B and a beta (3y monthly) value of 1.14. The stock’s trailing 12-month PE ratio is 24.31, while the earnings-per-share (ttm) stands at $5.25. The company has a PEG of 1.13 and a Quick Ratio of 2.13 with the debt-to-equity ratio at 0.27. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.58% over the week and 2.83% over the month.
Earnings per share for the fiscal year are expected to increase by 18.88%, and 24.14% over the next financial year. EPS should grow at an annualized rate of 21.50% over the next five years, compared to 18.23% over the past 5-year period.
Looking at the support for the TSM, a number of firms have released research notes about the stock. TD Cowen stated their Hold rating for the stock in a research note on April 18, 2024, with the firm’s price target at $100-$130. Needham was of a view on April 10, 2024 that the stock is Buy, while Needham gave the stock Buy rating on January 19, 2024, issuing a price target of $115- $133. TD Cowen on their part issued Market Perform rating on January 12, 2024.
