Stock price performance of Analog Devices, Inc. is analyzed for various periods using several stock trading signals. In this case, The stock price has rallied 15.62% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 17.74% . Looking at the past 52 week period, the stock price is up at 51.59% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Analog Devices, Inc. has a positive value of 22.69 compared to overall market. For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a 20-day Moving Average of 5.75% and the 50-Day Moving Average is 6.43%.The 200 Day SMA reached 21.77%
Analog Devices, Inc. is having a Relative Strength Index of 59.43 which indicates the stock is not yet over sold or over bought based on the technical indicators. Analog Devices, Inc. (NASDAQ:ADI) has tumbled 1.83% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 5.47% in the last four weeks. The stocks have underperformed the S&P 500 by 1.95% during the past week but Analog Devices, Inc. (NASDAQ:ADI) it has outperformed the index in 4 weeks by 4.54%.
Company has reported several Insider transactions to the SEC, on Jan 23, 2017, Margaret K Seif (SVP, CLO & Secretary) sold 3,000 shares at 72.15 per share price.On Jan 13, 2017, John C Hodgson (director) sold 1,600 shares at 58.71 per share price.On Jan 5, 2017, Kenton J Sicchitano (director) sold 15,000 shares at 72.33 per share price.
Analog Devices Last issued its quarterly earnings results on Nov 22, 2016. The company reported $1.05 EPS for the quarter, beating the analyst consensus estimate by $ 0.15. Analyst had a consensus of $0.90. The company had revenue of $1003.00 million for the quarter, compared to analysts expectations of $942.90 million. The companys revenue was up 2.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.03 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by RBC Capital Mkts on Jan 30, 2017 to Outperform, Raises Price Target to $ 85 from a previous price target of $80 .Analog Devices was Upgraded by BofA/Merrill to Buy on Nov 23, 2016.
Analog Devices, Inc. (NASDAQ:ADI) : On Friday heightened volatility was witnessed in Analog Devices, Inc. (NASDAQ:ADI) which led to swings in the share price. The stock opened for trading at $75.52 and hit $75.73 on the upside , eventually ending the session at $75.52, with a gain of 0.39% or 0.29 points. The heightened volatility saw the trading volume jump to 2,143,141 shares. The 52-week high of the share price is $76.94 and the company has a market cap of $23,342 million. The 52-week low of the share price is at $48.17 .
Analog Devices, Inc. is one of the world leaders in the design, manufacture and marketing of high-performance analog, mixed-signal and digital signal processing integrated circuits used in signal processing applications. Applications for its products include communications, cellular telephones, computers and computer peripherals, consumer electronics, automotive electronics, factory automation, process control and military and space systems.