Rotating into Defensives? Washington Prime Group Inc. (WPG), QUALCOMM Incorporated (QCOM)

The shares of Washington Prime Group Inc. (NYSE:WPG) went down during the trading session by -$0.06 on Thursday, trading at $5.23. At the moment, the company has a debt-to-equity ratio of 3.69. The stock has a 52-week low of $4.63 while its 52-weeks high is $8.44. The total market cap for the stock is $982.42M while it has a PE ratio of 18.10, its price-to-earnings-growth ratio reads 1.36 while it has a beta of 1.11.

WPG has flown up as the subject of gossips for a number of analysts. Analysts at SunTrust Downgrade the shares of Washington Prime Group Inc from Hold to Sell when they released a research note on January 15th, 2019. Goldman analysts Downgrade the shares of Washington Prime Group Inc. from Neutral to Sell in a research note they presented on December 18th, 2018 Analysts at Boenning & Scattergood Downgrade the shares of Washington Prime Group Inc. from Neutral to Under Perform when they released a research note on August 23rd, 2017, but they now have set a price target of $6, which is a decrease from the previous $8.

The current market cap of QUALCOMM Incorporated is valued at $65.54B. The value there would make it reasonable for the investors to decide the dimensions of QUALCOMM Incorporated not at all like the standard sales or statistics of their aggregate resources.

Taking a look at the current stock price for QUALCOMM Incorporated (NASDAQ:QCOM), we could notice that the shares are trading close to the $54.80 level. Financial specialists have a propensity for following stock value levels in connection to their 52-week high and low levels. The 52-week high of the stock is currently $76.50 while its 52-weeks low stands at $48.56.

The performance of QUALCOMM Incorporated (NASDAQ:QCOM), so far this year is at -2.88%. The performance of the stock over the past seven days has increased by 1.20%, over the past one-month price index is 6.51% while over the last three months is -3.50%. Its six months performance has been -23.23% while for the past 52 weeks is -5.06%.

Notwithstanding that, the passion for the stock has decreased, which sees decrease in its trading volume by -13.23% below its longer-run average levels. This information shouldn’t be overlooked due to the greatly float size in the stock of 1.21B shares.

Trading at the moment with a market cap of $65.54B, QCOM has a significant cash 10.07 billion on their books, which will have to be weighed and compared to their $10.56 billion in total current liabilities. QCOM is raking in trailing 12 months revenue which is around 4.84 billion. Notwithstanding that, the firm is seeing a foremost top-line progress, with their year-over-year quarterly revenue decreasing by -19.80%.