GlobalFoundries Inc (GFS) concluded trading on Thursday at a closing price of $38.02, with 2.61 million shares of worth about $99.25 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -2.61% during that period and on March 27, 2025 the price saw a loss of about -1.88%. Currently the company’s common shares owned by public are about 552.91M shares, out of which, 104.62M shares are available for trading.
Stock saw a price change of -0.29% in past 5 days and over the past one month there was a price change of -6.38%. Year-to-date (YTD), GFS shares are showing a performance of -11.40% which decreased to -26.67% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $35.85 but also hit the highest price of $61.98 during that period. The average intraday trading volume for GlobalFoundries Inc shares is 2.21 million. The stock is currently trading -0.76% below its 20-day simple moving average (SMA20), while that difference is down -5.61% for SMA50 and it goes to -12.64% lower than SMA200.
GlobalFoundries Inc (NASDAQ: GFS) currently have 552.91M outstanding shares and institutions hold larger chunk of about 19.46% of that.
The stock has a current market capitalization of $21.02B and its 3Y-monthly beta is at 1.53. It has posted earnings per share of -$0.48 in the same period. It has Quick Ratio of 1.57 while making debt-to-equity ratio of 0.22. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for GFS, volatility over the week remained 3.62% while standing at 4.54% over the month.
Stock’s fiscal year EPS is expected to rise by 9.21% while it is estimated to increase by 42.77% in next year. EPS is likely to grow at an annualized rate of 26.38% for next 5-years, compared to annual growth of 18.83% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Needham on February 12, 2025 offering a Buy rating for the stock and assigned a target price of $50 to it. Coverage by UBS stated GlobalFoundries Inc (GFS) stock as a Neutral in their note to investors on November 20, 2024, suggesting a price target of $47 for the stock. On October 28, 2024, Morgan Stanley Downgrade their recommendations, while on August 07, 2024, TD Cowen Reiterated their ratings for the stock with a price target of $55. Stock get a Buy rating from Jefferies on May 13, 2024.
