Technical Roundup on Semiconductor Stocks -- Sunrun, SolarEdge, MagnaChip, and Sigma
NEW YORK, March 21, 2017 /PRNewswire/ --
Stock-Callers.com has lined up four Specialized Semiconductor equities for assessment, and they are: Sunrun Inc. (NASDAQ: RUN), SolarEdge Technologies Inc. (NASDAQ: SEDG), MagnaChip Semiconductor Corp. (NYSE: MX), and Sigma Designs Inc. (NASDAQ: SIGM). According to the World Semiconductor Trade Statistics' Autumn 2016 global semiconductor sales forecast, the Semiconductor market is expected to grow at a modest pace across all regions worldwide. WSTS forecasts a 3.3%, or $346.1 billion, growth in total sales globally for 2017, and 2.3%, or $354.0 billion, growth for 2018. Sign up today and download for free the research reports for the stocks covered today at:
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Sunrun
San Francisco, California headquartered Sunrun Inc.'s stock finished Monday's session 1.01% lower at $4.90 with a total trading volume of 880,008 shares. The Company's shares are trading 13.16% below their 200-day moving average. Shares of the Company have, which engages in the design, development, installation, sale, ownership, and maintenance of residential solar energy systems in the US, a Relative Strength Index (RSI) of 31.43.
On March 08th, 2017, Sunrun announced revenues of $454 million in full year 2016, 49% y-o-y growth. The Company created net present value of $213 million in full year 2016, an increase of 64% on a y-o-y basis. Sunrun's net earning assets reached $1 billion, 30% y-o-y growth. RUN complete research report is just a click away at:
http://stock-callers.com/registration/?symbol=RUN
SolarEdge
On Monday, shares in Herziliya Pituach, Israel headquartered SolarEdge Technologies Inc. recorded a trading volume of 489,950 shares. The stock ended the session 2.14% higher at $14.30. The Company's shares have advanced 11.72% in the previous three months and 15.32% on an YTD basis. The stock is trading 3.77% above its 50-day moving average. Moreover, shares of SolarEdge Technologies, which together with its subsidiaries, designs, develops, and sells direct current optimized inverter systems for solar photovoltaic installations in Israel, Europe, the US, and internationally, have an RSI of 52.60.
On March 01st, 2017, SolarEdge Technologies announced that it is rolling out its new complete residential solution throughout Europe. Combining PV inverter, storage, and home automation, the complete residential solution manages and monitors solar energy generation, electricity consumption, energy storage, and device control that enable homeowners to increase self-consumption and energy independence.
On March 03rd, 2017, research firm JMP Securities upgraded the Company's stock rating from 'Market Perform' to 'Market Outperform'. The complimentary report on SEDG can be downloaded at:
http://stock-callers.com/registration/?symbol=SEDG
MagnaChip
Luxembourg-based MagnaChip Semiconductor Corp.'s shares closed the day 4.19% higher at $8.70. The stock recorded a trading volume of 506,361 shares. The Company's shares have gained 15.23% in the last month, 42.62% over the previous three months, and 40.32% on an YTD basis. The stock is trading 13.19% and 23.40% above its 50-day and 200-day moving averages, respectively. Additionally, shares of MagnaChip Semiconductor, which designs, manufactures, and sells analog and mixed-signal semiconductor products for consumer, computing, communication, industrial, automotive, and Internet of Things applications worldwide, have an RSI of 72.82.
On March 13th, 2017, MagnaChip Semiconductor announced that it now offers a new 0.18 micron RFSOI process with enhanced switching performance. Compared to the previous 1.5/2.5V process, this new switch-centric process created specifically for 2.5V reduces manufacturing cost and time-to-market while providing competitive and superior performance for antenna switches used in mobile and Internet-of-Things devices for wireless connectivity. Sign up for your complimentary report on MX at:
http://stock-callers.com/registration/?symbol=MX
Sigma
Shares in Fremont, California headquartered Sigma Designs Inc. finished 0.83% lower at $5.95. The stock recorded a trading volume of 188,222 shares. The Company's shares have advanced 2.59% in the previous three months, and are trading below their 50-day moving average by 4.25%. Furthermore, shares of Sigma Designs, which provides intelligent media platforms for use in the home entertainment and home control markets, have an RSI of 42.97.
On March 20th, 2017, Sigma Designs announced that it will release its financial results for Q4 2017 and FY17, ended January 28th, 2017, following the close of regular trading on March 29th, 2017. At 2:00 pm PT, on the same day, Thinh Tran, Chief Executive Officer, and Elias Nader, Chief Financial Officer, will host a conference call to review these financial results. Download the research report for free on SIGM at:
http://stock-callers.com/registration/?symbol=SIGM
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