Birds Eye View Technical Analysis for Flextronics International Ltd. (NASDAQ:FLEX)


Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Flextronics International Ltd. (NASDAQ:FLEX) for the period of 9-Day stands at 87.06% while the stochastic %D for the same period stands at 89.74%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Flextronics International Ltd. (NASDAQ:FLEX) signals “Sell” while other important signals like the 20-Day Moving Average Vs. Price signals “Buy”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Buy” for Flextronics International Ltd. (NASDAQ:FLEX) while 20-100 Day MACD Oscillator indicates “Buy”.

Bollinger band is a volatility indicator of a certain security, currently Flextronics International Ltd. (NASDAQ:FLEX)’s 20-Day Bollinger Band indicates “Hold”.

About Company

Flextronic International is a leading provider of advanced electronics manufacturing services to OEMs primarily in the telecommunications and networking, consumer electronics and computer industries. The company’s strategy is to provide customers with the ability to outsource, on a global basis, a complete product wherethe company’s take responsibility for engineering, supply chain management, assembly, integration, test and logistics management. The company provides complete product design services, including electrical and mechanical, circuit and layout.

Previous Day Activity Analysis

On the last trading day, Flextronics International Ltd. (NASDAQ:FLEX) opened the session at $18.19 and after going down -0.27% closed at $18.31. The stock gained 0.12 points in the last trade.

Flextronics International Ltd. (NASDAQ:FLEX)’s stock fluctuated in the range of $17.21 and $18.41 during the previous active session. Flextronics International Ltd. (NASDAQ:FLEX) traded with the volume of 2.12 Million with average volume of 3.27 Million. The stock has HIGH volatility on the last trading session.

Currently the Beta for the company remains at 0.81 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.38 and 66.2 respectively.

Currently the Insider Ownership of the shares of Flextronics International Ltd. (NASDAQ:FLEX) is at 0.5% and the shares outstanding are 531.31 Million.

Important Ratio Analysis

Some important ratios to consider here for Flextronics International Ltd. (NASDAQ:FLEX) are discussed below:

Price to Earnings P/E ratio stands at 18.08 while Forward P/E shows the value of 13.

The PEG ratio (Price to Earning to Growth) emits the value of 1.1. The Price to Sale P/S and Price to Book P/B shows the value of 0.4 and 3.38 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 7.1 and 24.08 correspondingly.

The Quick Ratio of Flextronics International Ltd. (NASDAQ:FLEX) stands at 0.7 while the Current Ratio depicts the value of 1.2.

Return on Assets ROA of Flextronics International Ltd. (NASDAQ:FLEX) is at 4.2% whereas, Return on Equity ROE and Return of Investment ROI of Flextronics International Ltd. (NASDAQ:FLEX) stand at 20.2% and 7.5% respectively.

Stock Performance Analysis

The stock performance of Flextronics International Ltd. (NASDAQ:FLEX) on the basis of 5 day trade show the jump of 1.72% whereas, the monthly performance of the stock shows increase of 5.78%.

The quarterly performance of the stock remained in green zone with the value of 16.7% while six month performance of the shares of Flextronics International Ltd. (NASDAQ:FLEX) remained bullish with the count of 14.22%.

The yearly and YTD performance of Flextronics International Ltd. (NASDAQ:FLEX) remained up at 30.69% and 27.42% respectively.