Technical Scrutiny on Semiconductors Stocks -- Marvell Technology, Broadcom, Himax Technologies, Microchip Technology, and United Microelectronics
LONDON, February 25, 2015 /PRNewswire/ --
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Investor-Edge has initiated coverage on the following equities: Marvell Technology Group Ltd (NASDAQ: MRVL), Broadcom Corporation (NASDAQ: BRCM), Himax Technologies Inc. (NASDAQ: HIMX), Microchip Technology Inc. (NASDAQ: MCHP), and United Microelectronics Corporation (NYSE: UMC). Free research report on Marvell Technology can be accessed at http://get.Investor-Edge.com/pdf/?c=Marvell%20Technology&d=25-Feb-2015&s=MRVL. On Tuesday, February 24, 2015, the NASDAQ Composite ended at 4,968.12, up 0.14%, the Dow Jones Industrial Average advanced 0.51%, to finish the day at 18,209.19, and the S&P 500 closed at 2,115.48, up 0.28%. The gains were broad based as nine out of ten sectors ended the session in positive. The S&P 500 Information Technology Sector Index ended the day at 721.28, up 0.16%, with the index also advancing 4.01% in the last one month. Register for your complimentary reports at the links given below.
Marvell Technology Group Ltd's stock finished Tuesday's session 0.56% higher at $16.18. A total of 7.42 million shares were traded, which was close to its three months average volume of 7.37 million shares. The stock moved between $16.01 and $16.24 during the session. Over the last one month and the previous three months, Marvell Technology Group Ltd's shares have advanced 4.29% and 16.40%, respectively. Additionally, the stock has gained 4.93% in the past one year. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $15.31 is greater than its 200-day moving average of $14.32. Marvell Technology Group Ltd's stock traded at a PE ratio of 18.72 and has a Relative Strength Index (RSI) of 54.52. Sign up and read the free notes on MRVL at:
http://get.Investor-Edge.com/pdf/?c=Marvell%20Technology&d=25-Feb-2015&s=MRVL
On Tuesday, shares in Broadcom Corp. fluctuated between $44.15 and $45.37 before ending the session 2.40% higher at $45.31. The stock reported a trading volume of 6.86 million shares, above its three months average volume of 5.36 million shares. Shares of the company traded at a PE ratio of 27.42. Broadcom Corp.'s shares have advanced 7.98% in the last one month, 6.59% in the previous three months and 47.40% in the last one year. The company is trading above its 50-day and 200-day moving averages of $42.87 and $39.43, respectively. Moreover, shares of Broadcom Corp. have an RSI of 54.35. The complimentary notes on BRCM can be downloaded as in PDF format at:
http://get.Investor-Edge.com/pdf/?c=Broadcom&d=25-Feb-2015&s=BRCM
Himax Technologies Inc.'s stock lost 3.86%, to close the day at $7.22. The stock recorded a trading volume of 5.15 million shares, above its three months average volume of 3.30 million shares. The stock oscillated between $7.08 and $7.61 during the session. Over the last one month and over the past one year, Himax Technologies Inc.'s shares have declined 9.52% and 46.83%, respectively. However, the stock has advanced 8.41% in the previous three months. The company is trading below its 50-day and 200-day moving averages. The stock's 50-day moving average of $7.98 is above its 200-day moving average of $7.60. Additionally, Himax Technologies Inc. traded at a PE ratio of 18.61 and has an RSI of 41.68. Register for free on Investor-Edge and access the latest research on HIMX at:
http://get.Investor-Edge.com/pdf/?c=Himax%20Technologies&d=25-Feb-2015&s=HIMX
On Tuesday, shares in Microchip Technology Inc. recorded a trading volume of 2.80 million shares, higher than its three months average volume of 2.71 million shares. The stock ended the day at $51.53, which was 1.80% above its previous day's closing of $50.62, and registered an intraday range of $50.60 and $51.62. Shares of the company traded at a PE ratio of 27.31. Microchip Technology Inc.'s shares have surged 10.77% in the last one month, 16.95% in the previous three months and 13.83% in the past one year. The company is trading above its 50-day and 200-day moving averages of $46.13 and $46.26, respectively. Furthermore, shares of Microchip Technology Inc. have an RSI of 68.06. The complete research on MCHP is available for free at:
http://get.Investor-Edge.com/pdf/?c=Microchip%20Technology&d=25-Feb-2015&s=MCHP
United Microelectronics Corp.'s stock closed Tuesday's session flat at $2.47, after oscillating between $2.46 and $2.47. The stock recorded a trading volume of 0.61 million shares, below its three months average volume of 0.79 million shares. Over the previous three trading sessions and the last three months, United Microelectronics Corp.'s shares have advanced 0.82% and 13.30%, respectively. Additionally, the stock has surged 28.29% in the last one year. The company is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $2.36 is above its 200-day moving average of $2.23. Further, United Microelectronics Corp.'s stock has an RSI of 55.83. Free in depth research on UMC is available at:
http://get.Investor-Edge.com/pdf/?c=United%20Microelectronics&d=25-Feb-2015&s=UMC
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