Morning Technical Insight on These Semiconductor Stocks -- Micron Technology, Netlist, Rambus, and SemiLEDs
NEW YORK, Feb. 26, 2018 /PRNewswire/ --
WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on MU, NLST, RMBS, and LEDS which can be accessed for free by signing up to www.wallstequities.com/registration. Research coverage has been initiated by WallStEquities.com on Micron Technology Inc. (NASDAQ: MU), Netlist Inc. (NASDAQ: NLST), Rambus Inc. (NASDAQ: RMBS), and SemiLEDs Corp. (NASDAQ: LEDS). Companies in the Semiconductor Memory Chips space design, develop, and sell microprocessors and related technology and software to enterprises for use as parts in consumer and enterprise computing products. All you have to do is sign up today for this free limited time offer by clicking the link below. www.wallstequities.com/registration
Micron Technology
Shares in Boise, Idaho headquartered Micron Technology Inc. ended Friday's session 5.15% higher at $46.53. A total volume of 48.36 million shares was traded, which was above their three months average volume of 42.82 million shares. The stock has advanced 8.01% in the last month and 98.17% over the past year. The Company's shares are trading 7.82% above their 50-day moving average and 25.51% above their 200-day moving average. Moreover, shares of Micron Technology, which provides semiconductor systems worldwide, have a Relative Strength Index (RSI) of 61.01.
On February 06th, 2018, research firm Needham upgraded the Company's stock rating from 'Buy' to 'Strong Buy', with a target price of $76 per share.
On February 07th, 2018, Micron Technology announced that its executives will present at the Morgan Stanley Technology, Media and Telecom Conference on February 27th, 2018, at 10:15 a.m. PST in San Francisco. The live webcast of the presentation can be accessed on the Company's Investor Relations website. Get the full research report on MU for free by clicking below at: www.wallstequities.com/registration/?symbol=MU
Netlist
Irvine, California headquartered Netlist Inc.'s shares plummeted 7.24%, closing the day at $0.31. A total volume of 1.18 million shares was traded. The stock is trading 4.27% below its 50-day moving average. Additionally, shares of Netlist, which designs, manufactures, and sells modular memory subsystems for the server, high-performance computing, and communications markets worldwide, have an RSI of 50.65. To experience our free membership services anytime/ anywhere and access the free report on NLST, click to register at: www.wallstequities.com/registration/?symbol=NLST
Rambus
Last Friday, shares in Sunnyvale, California headquartered Rambus Inc. gained 2.33%, closing the session at $12.71. The stock recorded a trading volume of 1.01 million shares, which was higher than its three months average volume of 925,040 shares. The Company's shares have advanced 1.19% over the past year. The stock is trading 4.21% below its 200-day moving average. Furthermore, shares of Rambus, which manufactures and sells semiconductor products in South Korea and internationally, have an RSI of 46.50.
On January 30th, 2018, research firm The Benchmark Company reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $16 a share to $18 a share.
On February 22nd, 2018, Rambus announced that Rahul Mathur, CFO, will discuss the Company's business and strategic outlook at the following investor events: (i) the 2018 Morgan Stanley Technology, Media & Telecom Conference on March 01st, 2018, at 9:35 a.m. PT in San Francisco, California; and (ii) the 30th Annual ROTH Conference on March 13th, 2018, at 12:00 p.m. PT in Dana Point, California. A webcast of the presentations will be available on the Company's Investor Relations website. Join our big investor community at Wall St. Equities today and get your free report on RMBS at: www.wallstequities.com/registration/?symbol=RMBS
SemiLEDs
Chunan, Taiwan headquartered SemiLEDs Corp.'s stock finished the session 0.94% higher at $4.28 with a total trading volume of 92,590 shares. The Company's shares have advanced 30.49% over the past year. The stock is trading above its 50-day and 200-day moving averages by 1.15% and 41.14%, respectively. Additionally, shares of SemiLEDs, which develops, manufactures, and sells LED chips and LED components in the US, Taiwan, the Netherlands, France, China, Germany, Hong Kong, and internationally, have an RSI of 52.35. Know more about LEDS in our free research coverage at: www.wallstequities.com/registration/?symbol=LEDS
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