NEW YORK, October 26, 2016 /PRNewswire/ --
Stock-Callers.com highlights the following Diversified Electronics stocks: Silicon Motion Technology Corp. (NASDAQ: SIMO), Sanmina Corp. (NASDAQ: SANM), Dolby Laboratories Inc. (NYSE: DLB), and LG Display Co. Ltd (NYSE: LPL). These companies belong to the Technology sector, which trended lower on Tuesday, October 25, 2016, with shares of tech companies in the S&P 500 declining 0.4%. Sign up today and download for free the research reports for the stocks covered today at: http://stock-callers.com/registration
Silicon Motion Technology
Zhubei City, Taiwan headquartered Silicon Motion Technology Corp.'s stock finished Tuesday's session at $45.93, dropping 3.37%. A total volume of 470,866 shares was traded. The Company's shares have surged 48.17% since the start of this year. The stock is trading above its 200-day moving average by 6.71%. Moreover, shares of Silicon Motion Technology, which designs, develops, and markets semiconductor solutions for the mobile storage and mobile communications markets worldwide, have a Relative Strength Index (RSI) of 38.60.
On September 29th, 2016, research firm ROTH Capital initiated a 'Buy' rating on the Company's stock.
On October 24th, 2016, the company announced its annual cash dividend to be paid in quarterly installments. As the Company's growth and profitability have been strong, the Board has decided to increase its annual dividend payment to $0.80 per ADS which will be paid in four quarterly installments of $0.20 per ADS according to the following anticipated record and payment dates: the first dividend would be paid on November 17th, 2016 for stockholders on record as of November 7th, 2016. The second dividend will be paid on February 23rd, 2017 to stockholders on books as of February 13th, 2016. The third installment of the dividend would be made on May 18th, 2017, to shareholders on record as of May 05th, 2017 and the company will pay the fourth installment on August 17th, 2017, to shareholders on record as of August 07th, 2017. SIMO complete research report is just a click away at: http://stock-callers.com/registration/?symbol=SIMO
Shares in San Jose, California headquartered Sanmina Corp. ended yesterday's session 0.85% lower at $29.00 with a total trading volume of 244,412 shares. The stock has gained 3.91% in the past month, 12.40% in the previous three months, and 40.91% on an YTD basis. The Company's shares are trading 5.14% above their 50-day moving average and 17.90% above their 200-day moving average. Moreover, shares of Sanmina, which provides integrated manufacturing solutions, components, products and repair, logistics, and after-market services worldwide, have an RSI of 58.66.
On October 25th, 2016, Sanmina announced that it will host its Q4 FY16 and FY16 earnings conference call on November 1st, 2016 at 5:00 PM ET. Mr. Jure Sola, Sanmina's Chairman and Chief Executive Officer, will lead the call. The complimentary report on SANM can be downloaded at: http://stock-callers.com/registration/?symbol=SANM
On Tuesday, San Francisco, California-based Dolby Laboratories Inc.'s stock rose 0.02%, to close the day at $50.02. A total volume of 710,980 shares was traded, which was above their three months average volume of 471,210 shares. The Company's shares have advanced 0.37% in the previous three months and 49.89% on an YTD basis. The stock is trading 10.65% above its 200-day moving average. Additionally, shares of Dolby Laboratories, which creates audio, imaging, and voice technologies that transform entertainment and communications at the cinema, at home, at work, and on mobile devices, have an RSI of 35.77.
On October 04th, 2016, research firm JP Morgan resumed its 'Neutral' rating on the Company's stock.
On October 12th, 2016, Dolby Laboratories announced that it will release financial results for Q4 FY16 after the close of regular trading on October 26th, 2016. Members of Dolby's management will lead a conference call open to all interested parties to discuss the financial results for Dolby Laboratories at 5:00 p.m. ET on the same day. Sign up for your complimentary report on DLB at: http://stock-callers.com/registration/?symbol=DLB
Shares in Seoul, the Republic of Korea headquartered LG Display Co. Ltd ended the day 0.39% higher at $12.96 with a total trading volume of 269,059 shares. The stock has gained 1.57% in the last one month and 24.14% since the start of this year. The Company's shares are trading above their 200-day moving average by 13.26%. Furthermore, shares of LG Display, which manufactures and sells thin film transistor liquid crystal display and organic light-emitting diode technology-based panels in the Republic of Korea, the US, Europe, and Asia, have an RSI of 48.45. Download the research report for free on LPL at: http://stock-callers.com/registration/?symbol=LPL
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email firstname.lastname@example.org. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
SC, the Author, and the Reviewer are 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 whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do 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.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://stock-callers.com/legal-disclaimer/
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Phone number: +44 330 808 3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA