Early Briefing on Semiconductors Stocks -- Microchip Technology, Synaptics, Lattice Semiconductor, Cirrus Logic, and Hanwha SolarOne
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LONDON, July 31, 2014 /PRNewswire/ --
On Wednesday, July 30, 2014, the NASDAQ Composite ended at 4,462.90, up 0.45%, the Dow Jones Industrial Average finished the day 0.19% lower at 16,880.36, and the S&P 500 closed at 1,970.07, up 0.01%. During the session five out of ten sectors ended in positive. The S&P 500 Information Technology Sector Index ended the day at 654.17, up 0.24%, and the index has advanced 3.43% in the last one month. Investor-Edge has initiated coverage on the following equities: Microchip Technology Inc. (NASDAQ: MCHP), Synaptics Inc. (NASDAQ: SYNA), Lattice Semiconductor Corporation (NASDAQ: LSCC), Cirrus Logic Inc. (NASDAQ: CRUS), and Hanwha SolarOne Company Ltd (NASDAQ: HSOL). Free research on these five companies can be accessed at:
http://investor-edge.com/register
On Wednesday, shares in Microchip Technology Inc. recorded a trading volume of 1.19 million shares, lower than its three months average volume of 1.46 million shares. The stock finished the day flat at the previous day's closing price of $46.25, and registered an intraday range of $46.05 and $46.61. Shares of Microchip Technology Inc. have declined 5.24% in the last one month and 2.71% in the previous three months. However, the stock has advanced 3.35% on YTD basis. Furthermore, the company's shares are trading above its 200-day moving average. The stock's 50-day moving average of $48.30 is above its 200-day moving average of $45.63. Additionally, shares of Microchip Technology Inc. traded at a PE ratio of 26.04 and have a Relative Strength Index (RSI) of 32.56. Sign up and read the free notes on MCHP at:
http://www.Investor-Edge.com/MCHP-31Jul2014
Synaptics Inc.'s stock advanced 0.38%, to close Wednesday's session at $75.88, after oscillating between $74.52 and $76.94. The stock recorded a trading volume of 1.16 million shares, which was at par with its three months average volume. Over the last three trading sessions and past three months, Synaptics Inc.'s shares have gained 0.41% and 22.09%, respectively. Also, from the beginning of 2014, the stock has rallied 46.46%. The stock is trading above its 200-day moving average. The stock's 50-day moving average of $79.17 is above its 200-day moving average of $61.76. Further, Synaptics Inc.'s stock traded at a PE ratio of 22.30 and has an RSI of 35.04. The complimentary notes on SYNA can be downloaded as in PDF format at:
http://www.Investor-Edge.com/SYNA-31Jul2014
On Wednesday, Lattice Semiconductor Corp.'s stock finished the session 0.29% higher at $6.98. A total of 1.33 million shares were traded, which was below its three months average volume of 1.59 million shares. The stock moved between $6.85 and $7.05 during the session. Over the last one month and past three months, Lattice Semiconductor Corp.'s shares have plummeted 15.39% and 17.10%, respectively. However, the stock has surged 27.14% since the start of this year. The company's shares are trading above their 200-day moving average. Moreover, the stock's 50-day moving average of $7.99 is greater than its 200-day moving average of $6.89. Lattice Semiconductor Corp.'s stock traded at a PE ratio of 20.15 and has an RSI of 30.86. Register for free on Investor-Edge and access the latest research on LSCC at:
http://www.Investor-Edge.com/LSCC-31Jul2014
Shares in Cirrus Logic Inc. fluctuated between $23.22 and $23.64 before ending Wednesday's session up 0.82%, at $23.37. The stock reported a trading volume of 0.77 million shares, below its three months average volume of 1.56 million shares. Further, shares of Cirrus Logic Inc. have gained 2.77% over the last one month and 4.80% over the past three months. Also, the stock has gone up 14.42% on YTD basis. The company's shares are trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $23.20 is greater than its 200-day moving average of $21.06. Moreover, shares of Cirrus Logic Inc. traded at a PE ratio of 15.47 and have an RSI of 45.30. The complete research on CRUS is available for free at:
http://www.Investor-Edge.com/CRUS-31Jul2014
Hanwha SolarOne Co. Ltd's stock gained 3.24%, to close Wednesday's session at an intra-day high of $2.23, after vacillating between $2.18 and $2.23. The stock recorded a trading volume of 0.32 million shares, below its three months average volume of 0.63 million shares. Over the last one month and past three months, Hanwha SolarOne Co. Ltd's shares have fallen by 19.49% and 14.23%, respectively. Also, from the beginning of 2014, the stock has declined 19.49%. The stock is trading below its 50-day and 200-day moving averages. The stock's 200-day moving average of $3.08 is above its 50-day moving average of $2.43. Further, Hanwha SolarOne Co. Ltd's stock has an RSI of 34.90. Free in depth research on HSOL is available at:
http://www.Investor-Edge.com/HSOL-31Jul2014
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