SanDisk Trading Up

Shares of SanDisk Corp. (SNDK) are higher on the session by 1.40 percent, currently trading at $50.49. SNDK is back bouncing today after ticker retested it’s 10 day $50.11 moving average this week.

SNDK shares, which currently trade at a trailing P/E of 10.43, a forward multiple of 13.45 and a P/E to Growth ratio of 0.79, have resistance located at the current 52 week high of $52.31. Trading volume for SanDisk Corp. has been light, with 1.9 million shares having been traded today vs a daily average volume of 9.3 million shares.

SNDK gained 74 cents, or 1.49 percent, to $50.54 at 2:06 p.m. EST in Nasdaq composite trading. The co. has a current market cap of $11.8 billion. Day’s range: $49.69 – $50.75.

Disclaimer: This page contains affiliate links. If you choose to make a purchase after clicking a link, we may receive a commission at no additional cost to you. Thank you for your support!

About Ron Haruni 1086 Articles
Ron Haruni is the Co-Founder & Editor in Chief of Wall Street Pit.

Be the first to comment

Leave a Reply

Your email address will not be published.


*

This site uses Akismet to reduce spam. Learn how your comment data is processed.