LONDON, June 26, 2014 /PRNewswire/ --
On Wednesday, June 25, 2014, the NASDAQ Composite ended at 4,379.76, up 0.68%, the Dow Jones Industrial Average finished the session at 16,867.51, up 0.29% and the S&P 500 closed at 1,959.53, up 0.49%. 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 0.57% higher at 628.75, and the index has advanced 4.75% in the previous three months. Investor-Edge has initiated coverage on the following equities: Microchip Technology Inc. (NASDAQ: MCHP), Cirrus Logic Inc. (NASDAQ: CRUS), Lattice Semiconductor Corp. (NASDAQ: LSCC) and Integrated Device Technology Inc. (NASDAQ: IDTI). Free technical research on MCHP, CRUS, LSCC and IDTI can be downloaded upon signing up at:
Shares in Microchip Technology Inc. advanced 0.16% on Wednesday, closing the session at $48.84. A total of 0.84 million shares were traded, which was below its three months average volume of 1.55 million shares. The stock moved between $48.37 and $48.90 during the session. Microchip Technology Inc.'s stock has gained 4.67% in the last one month and 9.14% from the beginning of 2014. However, the stock has declined 1.05% in the previous three trading sessions. The company's stock is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $47.61 is above its 200-day moving average of $44.60. Additionally, Microchip Technology Inc.'s stock traded at a PE ratio of 27.49 and has a Relative Strength Index (RSI) of 54.74. Sign up today to read free research on MCHP at:
Cirrus Logic Inc.'s stock fluctuated between $23.33 and $23.82 before ending the session 0.88% lower at $23.59. On Wednesday, the company's stock reported a trading volume of 1.00 million shares, which was below its three months average volume of 1.55 million shares. The company's stock traded at a PE ratio of 14.37. Over the previous three trading sessions and in the last one month, Cirrus Logic Inc.'s stock has advanced 1.99% and 6.94%, respectively. Moreover, the company's stock has gained 15.50% on YTD basis. Cirrus Logic Inc.'s stock is trading above its 50-day and 200-day moving averages of $22.10 and $20.95, respectively. Further, the company's shares have an RSI of 62.75. Sign up today to read free research on CRUS at:
Shares in Lattice Semiconductor Corp. declined 0.49% on Wednesday, closing the day at $8.08. The stock recorded a trading volume of 1.16 million shares, near its three months average volume of 1.34 million shares. The company's stock oscillated between $7.89 and $8.12 during the session. Shares in Lattice Semiconductor Corp. have gained 2.15% in the last one month and 47.18% on YTD basis, although, the company's shares have fallen by 3.92% in the previous three trading sessions. Lattice Semiconductor Corp.'s shares are trading below their 50-day moving average. The stock's 50-day moving average of $8.10 is above its 200-day moving average of $6.51. Furthermore, the company's stock traded at a PE ratio of 29.03 and has an RSI of 49.55. Sign up today to read free research on LSCC at:
On Wednesday, shares in Integrated Device Technology Inc. recorded a trading volume of 1.98 million shares, below its three months average volume of 2.82 million shares. The stock finished the day at $15.05, which was 0.47% higher its previous day's closing of $14.98, and registered an intraday range of $14.81 and $15.08. The company's stock traded at a PE ratio of 38.20. Shares in Integrated Device Technology Inc. have surged 18.22% in the last one month and 47.84% on YTD basis, while, the shares have declined 1.44% in the previous three trading sessions. Shares in Integrated Device Technology Inc. are trading above their 50-day and 200-day moving averages of $12.84 and $11.13, respectively. Moreover, the company's stock has an RSI of 71.52. Sign up today to read free research on IDTI at:
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.
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.