NEW YORK, November 16, 2016 /PRNewswire/ --
Stock-Callers.com has issued research reports on the following equities: Integrated Device Technology Inc. (NASDAQ: IDTI), Maxim Integrated Products Inc. (NASDAQ: MXIM), Qorvo Inc. (NASDAQ: QRVO), and Trina Solar Ltd (NYSE: TSL). These companies belong to the Technology sector which bounced back on Tuesday, November 15, 2016, with shares of tech companies in the S&P 500 posting a 1.2% increase. Download the free research reports on these stocks today:
Integrated Device Technology
San Jose, California headquartered Integrated Device Technology Inc.'s stock finished Tuesday's session at $23.98, rising 1.61%. A total volume of 1.96 million shares was traded. Over the last month and the previous three months, the Company's shares have surged 19.90% and 23.74%, respectively. The stock is trading above its 50-day and 200-day moving averages by 11.43% and 15.88%, respectively. Moreover, shares of Integrated Device Technology, which designs, develops, manufactures, and markets a range of semiconductor solutions for the communications, computing, consumer, automotive, and industrial end-markets worldwide, have a Relative Strength Index (RSI) of 69.02.
On November 01st, 2016, research firm Charter Equity upgraded the Company's stock rating from 'Market Perform' to 'Buy'.
On November 14th, 2016, Integrated Device Technology announced that it has signed a global franchise agreement with Future Electronics. Under the agreement, Montreal-based Future Electronics becomes IDT's newest distributor of products through its offices in 44 countries spanning the globe. See our free and comprehensive research report on IDTI at:
Maxim Integrated Products
Shares in San Jose, California headquartered Maxim Integrated Products Inc. ended yesterday's session 1.34% higher at $39.41. A total volume of 2.35 million shares was traded, which was higher than their three months average volume of 2.05 million shares. The stock has gained 3.17% in the past month and 6.41% on an YTD basis. The Company's shares are trading 0.61% above their 50-day moving average and 6.34% above their 200-day moving average. Moreover, shares of Maxim Integrated Products, which designs, develops, manufactures, and markets various linear and mixed-signal integrated circuits in the US, China, other countries in Asia, Europe, and internationally, have an RSI of 52.85.
On October 21st, 2016, research firm Drexel Hamilton reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $42 a share to $46 a share.
On November 14th, 2016, Maxim Integrated Products announced that designers can now easily develop high-performance fitness and medical wearable devices with enhanced functionality using the MAX32630 and MAX32631 ARM® Cortex®-M4F microcontrollers. The MAX32630 and MAX32631 sophisticated power management maximizes run time and provides the lowest energy consumption in the industry of active (127uW/MHz), DMA (32uW/MHz), and retention sleep (3.5uW) modes. MXIM free research report PDF is just a click away at:
On Tuesday, Greensboro, North Carolina headquartered Qorvo Inc.'s stock climbed 2.96%, to close the day at $54.30 with a total trading volume of 1.40 million shares. The Company's shares have advanced 3.13% in the last one month and 6.68% on an YTD basis. The stock is trading 4.96% above its 200-day moving average. Additionally, shares of Qorvo, which provides technologies and radio frequency solutions for mobile, infrastructure, and defense and aerospace applications worldwide, have an RSI of 50.65.
On November 04th, 2016, research firm Cowen reiterated its 'Market Perform' rating on the Company's stock with a decrease of the target price from $65 a share to $53 a share.
On November 03rd, 2016, Qorvo's revenue increased 22.1% on a y-o-y basis to $864.7 million for Q2 FY17. Gross margin was 36.6%, operating income was $45.4 million, and net income was $11.8 million, or diluted EPS of $0.09. Qorvo repurchased $91 million of common stock in the reported quarter. Sign up for your complimentary report on QRVO at:
Shares in Changzhou, the People's Republic of China headquartered Trina Solar Ltd ended the day 0.58% lower at $10.21. A total volume of 2.18 million shares was traded, which was above their three months average volume of 1.30 million shares. The stock is trading above its 200-day moving average by 6.97%. Furthermore, shares of Trina Solar, which operates as an integrated solar power products manufacturer and solar system developer in the People's Republic of China, Europe, the US, and other Asia Pacific regions, have an RSI of 42.11.
On November 07th, 2016, Trina Solar announced that it has called an extraordinary general meeting of shareholders to be held at 10:00 a.m. Beijing Time on December 16th, 2016, at Jiangsu, China, to consider and vote on, among other things, the proposal to authorize and approve the previously announced agreement and plan of merger dated August 1st, 2016, by and among Fortune Solar Holdings Limited, Red Viburnum Company Ltd, and the Company. Register for free on Stock-Callers.com and download the latest research report on TSL at:
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