Stock price performance of Integrated Device Technology, Inc. is analyzed for various periods using several stock trading signals. In this case, The stock price has rallied 9.23% 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 23.53% . Looking at the past 52 week period, the stock price is up at 39.23% . 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 Integrated Device Technology, Inc. has a positive value of 15.26 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 6.95% and the 50-Day Moving Average is 7.87%.The 200 Day SMA reached 20.49%
Integrated Device Technology, Inc. is having a Relative Strength Index of 53.58 which indicates the stock is not yet over sold or over bought based on the technical indicators. Integrated Device Technology, Inc. (NASDAQ:IDTI) has tumbled 4.76% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 3.28% in the last four weeks. The stocks have underperformed the S&P 500 by 4.88% during the past week but Integrated Device Technology, Inc. (NASDAQ:IDTI) it has outperformed the index in 4 weeks by 2.36%.
Company has reported several Insider transactions to the SEC, on Nov 28, 2016, Matthew D Brandalise (VP GENERAL COUNSEL) sold 9,500 shares at 25.53 per share price.On Nov 17, 2016, Norman P Taffe (director) sold 7,000 shares at 24.35 per share price.On Nov 17, 2016, John A Schofield (director) sold 5,000 shares at 24.68 per share price.
Integrated Device Technology Inc Last issued its quarterly earnings results on Jan 30, 2017. The company reported $0.35 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $0.34. The company had revenue of $176.40 million for the quarter, compared to analysts expectations of $176.20 million. The companys revenue was down -.7 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.35 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by Needham on Jan 31, 2017 to Buy, Raises Price Target to $ 28 from a previous price target of $25 .Integrated Device Technology Inc was Resumed by Pacific Crest to Overweight on Jan 4, 2017. Integrated Device Technology Inc was Initiated by Loop Capital to Buy on Dec 6, 2016.
Integrated Device Technology, Inc. (NASDAQ:IDTI) : On Friday heightened volatility was witnessed in Integrated Device Technology, Inc. (NASDAQ:IDTI) which led to swings in the share price. The stock opened for trading at $25.24 and hit $25.36 on the upside , eventually ending the session at $25.2, with a gain of 1.04% or 0.26 points. The heightened volatility saw the trading volume jump to 1,824,215 shares. The 52-week high of the share price is $26.66 and the company has a market cap of $3,378 million. The 52-week low of the share price is at $16.2199 .
Integrated Device Technology, Inc. designs, develops, manufactures and markets a broad range of high-performance semiconductor products and modules. Applications for the companys products include data and telecommunications equipment, such as routers, hubs, switches, cellular base stations and other devices; personal computers; and networked peripherals and servers, such as RAID arrays, servers, and printers.