Super Micro Computer (SMCI) Stock Trades Lower in Afternoon Session
Shares of Super Micro Computer Inc (NASDAQ: SMCI) were trading in negative territory during the early afternoon on Thursday, April 28th, moving below the previous day’s closing price.
As of 1:22 pm GMT-4, the stock was priced at 36.21 USD. This represented a decline of 0.26 USD, or 0.71 percent, for the trading day thus far. This placed the stock below its prior closing level of 36.47 USD.
The trading session for SMCI began with an open at 36.54 USD. The stock reached an intraday high of 37.82 USD earlier in the session before experiencing downward pressure that led it to a low of 36.09 USD. It was trading near this low point at the time of the report.
Super Micro Computer currently holds a market capitalization of approximately 21.6 Billion USD. The company’s stock is trading with a Price-to-Earnings (P/E) ratio of 15.84. Super Micro Computer does not currently provide a dividend yield to its shareholders.
Looking at the stock’s performance over the past year, the current price is considerably below its 52-week high of 101.40 USD. However, it remains significantly above the 52-week low of 17.25 USD.
