Pre-Market Analysis: RF Micro Devices, Skyworks Solutions, ReneSola, and Semtech
LONDON, July 5, 2013 /PRNewswire/ --
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On Wednesday, July 3, 2013, shares in semiconductor companies ended mostly higher, tracking gains in the broader market. The major movers in the sector included RF Micro Devices Inc. (NASDAQ: RFMD), Skyworks Solutions Inc. (NASDAQ: SWKS), ReneSola Ltd. (ADR) (NYSE: SOL), and Semtech Corporation (NASDAQ: SMTC). All these companies are tracked by AAAResearchReports.com. Free technical research on RFMD, SWKS, SOL, and SMTC can be downloaded upon sign up at:
http://www.aaaresearchreports.com/register/
Shares in RF Micro Devices Inc. edged higher on Wednesday, tracking gains in the broader market. The company's shares oscillated between $5.26 and $5.39 before finishing the day 0.37% higher at $5.38. A total of 1.45 million shares were traded which is below the daily average volume of 5.35 million. The company's shares are currently trading near their 52-week high of $5.75. In the last three months, the stock has gained 3.46%. Sign up and read the complimentary report on RFMD at:
http://www.AAAResearchReports.com/RFMD070513.pdf
Skyworks Solutions Inc.'s stock rose on Wednesday. The company's shares hit an intraday high of $21.99 before closing the day 1.07% higher at $21.81. A total of 1.44 million shares were traded which is below the daily average volume of 3.33 million. The stock is currently trading below its 50-day and 200-day moving averages. The free report on SWKS can be downloaded by signing up now at:
http://www.AAAResearchReports.com/SWKS070513.pdf
Shares in ReneSola Ltd's shares oscillated between $2.20 and $2.27 before ending the day flat at $2.21. A total of 384,883 shares were traded which is below the daily average volume of 1.51 million. The company's shares have gained 7.80% in the past one month and 66.17% in the last three months, thus outperforming the S&P 500 during both the periods. A free report on SOL can be accessed by registering at:
http://www.AAAResearchReports.com/SOL070513.pdf
Shares in Semtech Corporation ended slightly higher, reversing some of their losses for the week. The company's shares ended the day at $33.56, up 0.36%, after fluctuating between $32.86 and $33.56. A total of 757,730 shares were traded which is above the daily average volume of 668,576. The company's shares have fallen 0.30% in the last three months. Moreover, the stock has recently slipped below its 50-day moving average. Register with AAA Research Reports and download research on SMTC for free at:
http://www.AAAResearchReports.com/SMTC070513.pdf
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SOURCE AAA Research Reports
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