U.S. stocks faced widespread losses on Friday after continued concerns that the government will not come to an agreement on budget issues to avoid the “fiscal cliff”, sending the Dow down 120 points to 13,190. Of the Dow 30, only 2 companies including American Express Company (NYSE:AXP) and McDonald’s Corporation (NYSE:MCD) managed to end in green.
The share price of Microsoft Corporation (NASDAQ:MSFT) lost -0.83% during trading Friday, ending at $27.45. At that price, the company has a market cap of $231.30 billion and a P/E ratio of 14.83.[article_detail_ad_1]
The software giant’s Windows 8 failed to attract people into a Microsoft store in a mall located in BELLEVUE last week, at a time when parking lots in the area were flooding. Sales of the company’s Windows 8 PCs had been weaker than projected, according to Emmanuel Fromont, president of the Americas division of Acer, the world’s No. 4 PC maker. He believes one factor was unfamiliar design of the system, which appeared to be making consumers cautious.
The research firm NPD provides the clearest evidence of Windows 8’s weak launch, predicting that sales of Windows machines have actually declined versus last year. NPD claimed stores in the United States sold 13 percent less Windows devices as compared to late October, when Windows 8 was launched, through the first week in December, than in the corresponding month a year ago.
The MSFT stock has a 52 week worst hit of $25.73 and a 52 week high of $32.95. The P/S ratio is 3.19 and P/B ratio 3.36. Dividend yield stands at 3.35 percent. The beta value is 0.98. MSFT’s RSI amounts to 53.67.
Another Dow stock, Hewlett-Packard Company (NYSE:HPQ) was down after Mike Lynch said he was seeking evidence from the company to back up the accusations. The market value of this company (HPQ) is $28.19 billion.
It has 349,600 people in workforce, over the last 12 months has generated revenue of $120.36 billion and has earnings of -$12650.00 million. The firm’s operating margin is -9.19 percent and net profit margin -10.51 percent. The latest closing price of its shares moved up 4.85% from the 50-day moving average.
For the Procter & Gamble Company (NYSE:PG) which has eye set on Indian market, a return on equity of 13.75 percent has been realized due to the financial position. Last twelve months per-share profit reached a value of $3.06.
Last fiscal year, $2.25 has been paid in form of dividends to investors. Earnings are projected to move up 8.31 percent for the coming five years. The stock closed at $68.72, down -1.10 points or -1.58% from previous close and at a distance of -1.56% from 20-day simple moving average.
In the last trading session, The Walt Disney Company (NYSE:DIS)’s price was 6.39% above its 200 day moving average, changing hands as low as $49.68 per share after it completed Lucasfilm. The stock is currently trading 1.86% up its SMA 50. The worst hit in its 52 week range is $37.11 per share, with $53.40 being the 52 week best price, which compares with a latest closing price of $50.00. The Beta of this stock is 1.19.