Equities to Watch in the Semiconductors Industry -- Research on Cirrus Logic, Microchip Technology, Lattice Semiconductor, and Texas Instruments
Editor Note: For more information about this release, please scroll to bottom
LONDON, May 28, 2014 /PRNewswire/ --
On Tuesday, May 27, 2014, the NASDAQ Composite ended at 4,237.07, up 1.22%, the Dow Jones Industrial Average finished the session at 16,675.50, up 0.42% and the S&P 500 closed at 1,911.91, up 0.60%. During the trading session, nine out of ten sectors finished on a higher note. The S&P 500 Information Technology Sector Index ended the day 0.99% higher at 616.06, and the index has gained 5.14% in the previous one month. Investor-Edge has initiated coverage on the following equities: Cirrus Logic Inc. (NASDAQ: CRUS), Microchip Technology Inc. (NASDAQ: MCHP), Lattice Semiconductor Corporation (NASDAQ: LSCC) and Texas Instruments Inc. (NASDAQ: TXN). Free technical research on CRUS, MCHP, LSCC and TXN can be downloaded upon signing up at:
http://www.investor-edge.com/3111-register
Cirrus Logic Inc.'s stock finished flat on Tuesday, ending the session at the previous day's closing price of $22.06. A total of 1.67 million shares were traded, above its three months average volume of 1.60 million shares. The stock moved between $21.85 and $22.47 during the session. Shares in Cirrus Logic Inc. have gained 1.71% in the previous three trading sessions and 1.99% in the last one month. Moreover, the stock has advanced 8.00% from the beginning of 2014. The company's shares are trading above their 50-day and 200-day moving averages. The stock's 50-day moving average of $20.77 is below its 200-day moving average of $20.79. Further, Cirrus Logic Inc.'s stock traded at a PE ratio of 12.52 and has a Relative Strength Index (RSI) of 53.84. Sign up today to read free research on CRUS at:
http://www.investor-edge.com/3111-CRUS-28May2014.pdf
On Tuesday, shares in Microchip Technology Inc. recorded a trading volume of 1.14 million shares, below its three months average volume of 1.56 million shares. The stock finished the day at $47.22, which was 1.20% higher its previous day's closing of $46.66, and registered an intraday range of $46.66 and $47.25. Shares of the company traded at a PE ratio of 22.51. Microchip Technology Inc.'s stock has advanced 1.90% in the previous three trading sessions, 0.13% in the last one month and 5.52% on YTD basis. The company's shares are trading above their 50-day and 200-day moving averages of $47.11 and $43.64, respectively. Moreover, the company's stock has an RSI of 49.10. Sign up today to read free research on MCHP at:
http://www.investor-edge.com/3111-MCHP-28May2014.pdf
Shares in Lattice Semiconductor Corp. fluctuated between $8.00 and $8.27 before ending Tuesday's session 2.15% higher at $8.08. The company's stock reported a trading volume of 1.27 million shares, which was close to its three months average volume of 1.28 million shares. Over the previous three trading sessions and on YTD basis, shares in Lattice Semiconductor Corp. have gained 1.25% and 47.18%, respectively. However, the company's stock has declined 7.45% in the last one month. Lattice Semiconductor Corp.'s stock is trading above its 50-day and 200-day moving averages of $7.97 and $6.16, respectively. Further, the company's shares traded at a PE ratio of 29.03 and have an RSI of 47.32. Sign up today to read free research on LSCC at:
http://www.investor-edge.com/3111-LSCC-28May2014.pdf
Texas Instruments Inc.'s shares edged 0.22% higher on Tuesday, closing the day at $46.35. The stock recorded a trading volume of 4.59 million shares, below its three months average volume of 6.53 million shares. The company's stock oscillated between $46.24 and $46.79 during the session. Shares of the company traded at a PE ratio of 21.88. Shares in Texas Instruments Inc. have advanced 1.53% in the previous three trading sessions and 0.02% in the last one month. Additionally, the company's shares have gained 5.56% since the start of this year. Texas Instruments Inc.'s shares are trading above their 50-day and 200-day moving averages of $46.10 and $42.93, respectively. Moreover, the company's stock has an RSI of 53.17. Sign up today to read free research on TXN at:
http://www.investor-edge.com/3111-TXN-28May2014.pdf
===============
EDITOR'S NOTES:
===============
1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.investor-edge.com.
5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.investor-edge.com.
6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.investor-edge.com for consideration.
COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-Edge, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Investor-Edge in this article or report according to the procedures outlined by Investor-Edge. Investor-Edge is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Investor-Edge makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Investor-Edge is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Investor-Edge whatsoever for any direct, indirect or consequential loss arising from the use of this document. Investor-Edge expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Investor-Edge does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Investor-Edge
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article