Pre-Market Technical Recap on Semiconductor Stocks -- Xilinx, Applied Optoelectronics, Pixelworks, and MoSys
NEW YORK, August 9, 2017 /PRNewswire/ --
If you want a Stock Review on XLNX, AAOI, PXLW, or MOSY then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. Global semiconductor sales grew at a faster pace of more than +20% year-over-year for the past three consecutive months since April 2017, according to an article on The Edge Markets. All markets posted strong double-digit growth on a year-over-year basis of at least +18%. This morning, DailyStockTracker.com shifts focus on the most recent performances of select Semiconductor Integrated Circuits stocks, namely: Xilinx Inc. (NASDAQ: XLNX), Applied Optoelectronics Inc. (NASDAQ: AAOI), Pixelworks Inc. (NASDAQ: PXLW), and MoSys Inc. (NASDAQ: MOSY). Daily Stock Tracker provides great insights on these stocks in its free research reports at:
http://dailystocktracker.com/register/
Xilinx
San Jose, California headquartered Xilinx Inc.'s shares saw a decline of 1.05%, finishing Tuesday's trading session at $63.16. A total volume of 1.51 million shares was traded. The stock has advanced 4.62% since the start of this year. The Company's shares are trading above their 200-day moving average by 5.63%. Moreover, shares of Xilinx, which designs and develops programmable devices and associated technologies worldwide, have a Relative Strength Index (RSI) of 42.66.
On July 26th, 2017, Xilinx announced sales of $615 million for Q1 FY18, up 1% from the prior quarter and up 7% from Q1 FY17. This marks the seventh consecutive quarter of sales increase for the Company. June quarter net income was $167 million, or $0.63 per diluted share.
On July 27th, 2017, research firm Mizuho reiterated its 'Neutral' rating on the Company's stock with an increase of the target price from $68 a share to $69 a share. Free research report on XLNX is available at:
http://dailystocktracker.com/registration/?symbol=XLNX
Applied Optoelectronics
On Tuesday, shares in Sugar Land, Texas headquartered Applied Optoelectronics Inc. recorded a trading volume of 6.33 million shares, which was above their three months average volume of 3.88 million shares. The stock ended the session 2.17% higher at $71.20. The Company's shares have gained 3.73% in the last one month, 14.64% over the previous three months, and 203.75% on an YTD basis. The stock is trading 51.73% above its 200-day moving average. Furthermore, shares of Applied Optoelectronics, which designs, manufactures, and sells fiber-optic networking products primarily for Internet data center, cable television, and fiber-to-the-home networking end-markets, have an RSI of 40.98.
On August 03rd, 2017, Applied Optoelectronics announced financial results for Q2 ended June 30th, 2017. Total revenue for the quarter increased to $117.4 million, GAAP gross margin increased to 45.4%, and non-GAAP gross margin increased to 45.5%. GAAP net income for Q2 2017 increased to $29.1 million, and non-GAAP net income increased to $31.3 million.
On August 04th, 2017, research firm Northland Capital downgraded the Company's stock rating from 'Outperform ' to 'Market Perform' while revising its previous target price from $47 a share to $43 a share. The complimentary research report on AAOI can be downloaded at:
http://dailystocktracker.com/registration/?symbol=AAOI
Pixelworks
Shares in San Jose, California-based Pixelworks Inc. closed at $4.72, down 2.88% from the last trading session. The stock recorded a trading volume of 380,590 shares. The Company's shares have gained 68.57% since the start of this year. The stock is trading 17.19% above its 200-day moving average. Additionally, shares of Pixelworks, which designs, develops, and markets video processing semiconductors, intellectual property cores, software, and custom ASIC solutions for digital video applications, have an RSI of 47.46.
On August 02nd, 2017, Pixelworks and Toronto-based ViXS Systems Inc., a pioneer in media processing, encoding and transcoding solutions, announced that the former has completed its acquisition of ViXS by way of a Canadian plan of arrangement. The transaction, which was initially announced on May 18th, 2017, was approved by ViXS shareholders at its 2017 Annual and Special Meeting of shareholders held on July 27th, 2017, in Toronto, Ontario. Visit DailyStockTracker.com today and access our complete research report on PXLW at:
http://dailystocktracker.com/registration/?symbol=PXLW
MoSys
Santa Clara, California headquartered MoSys Inc.'s stock ended 2.65% lower at $1.10 with a total trading volume of 280,382 shares. The Company's shares have advanced 1.85% in the last one month and 41.03% over the previous three months. The stock is trading below its 50-day moving average by 23.17%. Furthermore, shares of MoSys, which together with its subsidiaries, develops and sells integrated circuits for the high-speed networking, communications, storage, and computing markets, have an RSI of 40.29.
On July 17th, 2017, MoSys reported financial results for Q2 ended June 30th, 2017. Total net revenue for the quarter was $1.4 million, gross margin was 47%, and total GAAP operating expenses were $4.4 million. The Company also reported Q2 2017 GAAP net loss of $4.0 million and non-GAAP net loss of $2.8 million. Get free access to your research report on MOSY at:
http://dailystocktracker.com/registration/?symbol=MOSY
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