Pre-Market Technical Scan on Semiconductor Equities -- Analog Devices, Electro Scientific Industries, Marvell Technology, and Microsemi

NEW YORK, Feb. 5, 2018 /PRNewswire/ -- WallStEquities.com strives to bring the best free research to the investment community.  Today we are offering reports on ADI, ESIO, MRVL, and MSCC which can be accessed for free by signing up to www.wallstequities.com/registration. Focus is shifted on the Semiconductor space, which lies at the heart of all modern-day electronics. Continuous advancements in technology by the Semiconductor and Integrated Circuit industry directly enhance the way people work and play. Pre-market today, WallStEquities.com covers the recent performance of Analog Devices Inc. (NASDAQ: ADI), Electro Scientific Industries Inc. (NASDAQ: ESIO), Marvell Technology Group Ltd (NASDAQ: MRVL), and Microsemi Corp. (NASDAQ: MSCC). All you have to do is sign up today for this free limited time offer by clicking the link below.  www.wallstequities.com/registration

Analog Devices

Last Friday, Norwood, Massachusetts headquartered Analog Devices Inc.'s stock declined 2.77%, to close the day at $89.11. A total volume of 2.91 million shares was traded. The Company's shares have advanced 18.45% over the past year. The stock is trading 5.79% above its 200-day moving average. Additionally, shares of Analog Devices, which designs, manufactures, and markets a portfolio of solutions that leverage analog, mixed-signal, and digital signal processing technology, including integrated circuits, algorithms, software, and subsystems, have a Relative Strength Index (RSI) of 40.83.

On February 01^st, 2018, Analog Devices announced that it will release financial results for Q1 FY18 at 8:00 a.m. ET on February 28^th, 2018. The Company will host a conference call at 10:00 a.m. ET that same day. Vincent Roche, President and CEO; Prashanth Mahendra-Rajah, Senior Vice President, Finance and CFO; and Michael Lucarelli, Senior Manager of Investor Relations will discuss the Company's results and business outlook. Get the full research report on ADI for free by clicking below at: www.wallstequities.com/registration/?symbol=ADI

Electro Scientific Industries

Shares in Portland, Oregon headquartered Electro Scientific Industries Inc. rose slightly by 0.26%, finishing Friday's session at $19.61. The stock recorded a trading volume of 2.45 million shares, which was above its three months average volume of 1.45 million shares. The Company's shares have surged 20.23% over the previous three months and 183.79% over the past year. The stock is trading above its 200-day moving average by 37.33%. Furthermore, shares of the Company, which together with its subsidiaries, supplies laser-based microfabrication solutions for the microtechnology industry worldwide, have an RSI of 36.96. 

On January 18^th, 2018, research firm Needham reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $27 a share to $35 a share.

On January 31^st, 2018, Electro Scientific Industries announced results for its Q3 FY18 ended December 30^th, 2017. Revenue was $110.8 million, GAAP net income was $34.0 million, GAAP gross margin was 48.0%, and total orders were $134.0 million. At quarter end, total cash, restricted cash and current investments increased to $100.2 million. The Company generated $15.1 million of cash from operations during Q3 FY18. Free research on ESIO can be accessed at: www.wallstequities.com/registration/?symbol=ESIO

Marvell Technology Group

Hamilton, Bermuda headquartered Marvell Technology Group Ltd's stock finished 0.75% lower at $22.43 last Friday at the close. A total volume of 9.92 million shares was traded, which was higher than their three months average volume of 9.58 million shares. The Company's shares have advanced 22.64% in the previous three months and 45.74% over the past year. The stock is trading above its 200-day moving average by 21.25%. Additionally, shares of Marvell Technology have an RSI of 40.96. 

On January 29^th, 2018, Marvell Technology announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, in connection with its previously announced proposed acquisition of Cavium, Inc., expired at 11:59 p.m. EST on January 26^th, 2018. Visit WallStEquities.com now and sign up for the free research on MRVL at: www.wallstequities.com/registration/?symbol=MRVL

Microsemi

Aliso Viejo, California headquartered Microsemi Corp.'s shares ended the session 1.97% lower at $60.59. The stock recorded a trading volume of 1.05 million shares. Shares of the Company have advanced 12.52% in the last month, 13.98% over the previous three months, and 13.25% over the past year. The stock is trading 9.84% above its 50-day moving average and 17.47% above its 200-day moving average. Moreover, shares of Microsemi have an RSI of 60.10. 

On January 26^th, 2018, research firm Stifel reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $67 a share to $68 a share.

On January 31^st, 2018, Microsemi announced that its AcuEdge^™ Development Kit for Amazon Alexa Voice Service won the "Internet of Things (IoT) Product Innovation Award" at the Elektra European Electronics Industry Awards 2017. The prestigious annual award recognizes a semiconductor reference design or system-level product, which demonstrates the capabilities and usefulness of the IoT. The free technical report on MSCC is available at: www.wallstequities.com/registration/?symbol=MSCC

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