Stock price performance of Maxim Integrated Products, Inc. is analyzed for various periods using several stock trading signals. In this case, The stock price has rallied 14.72% 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 8.98% . Looking at the past 52 week period, the stock price is up at 42.85% . 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 Maxim Integrated Products, Inc. has a positive value of 4.87 compared to overall market. Company shares have received an average consensus rating of Hold for the current week The stock has recorded a 20-day Moving Average of 10.65% and the 50-Day Moving Average is 12.77%.The 200 Day SMA reached 16.77%
Based on the Stock Research Maxim Integrated Products, Inc. Relative Strength Index signal is in over bought territory with a range of 71.58. Maxim Integrated Products, Inc. (NASDAQ:MXIM) has tumbled 0.09% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 12.41% in the last four weeks. The stocks have underperformed the S&P 500 by 0.21% during the past week but Maxim Integrated Products, Inc. (NASDAQ:MXIM) it has outperformed the index in 4 weeks by 11.41%.
Company has reported several Insider transactions to the SEC, on Feb 3, 2017, Tunc Doluca (PRESIDENT, CEO & DIRECTOR) sold 24,500 shares at 44.54 per share price.On Feb 2, 2017, James R Bergman (director) sold 14,824 shares at 44.40 per share price.On Feb 2, 2017, Bryan Preeshl (SENIOR VICE PRESIDENT) sold 6,862 shares at 44.43 per share price.
Maxim Integrated Products Last issued its quarterly earnings results on Jan 26, 2017. The company reported $0.46 EPS for the quarter, beating the analyst consensus estimate by $ 0.03. Analyst had a consensus of $0.43. The company had revenue of $551.00 million for the quarter, compared to analysts expectations of $540.48 million. The companys revenue was up 7.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.32 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by Drexel Hamilton on Jan 27, 2017 to Buy, Raises Price Target to $ 52 from a previous price target of $46 .Maxim Integrated Products was Upgraded by BofA/Merrill to Buy on Jan 27, 2017. Company shares were Reiterated by Stifel on Jan 27, 2017 to Buy, Raises Price Target to $ 50 from a previous price target of $44 .Company shares were Reiterated by RBC Capital Mkts on Jan 27, 2017 to Sector Perform, Raises Price Target to $ 45 from a previous price target of $40 .Maxim Integrated Products was Initiated by Loop Capital to Buy on Dec 6, 2016.
Maxim Integrated Products, Inc. (NASDAQ:MXIM) : On Friday heightened volatility was witnessed in Maxim Integrated Products, Inc. (NASDAQ:MXIM) which led to swings in the share price. The stock opened for trading at $44.72 and hit $44.74 on the upside , eventually ending the session at $44.67, with a gain of 0.29% or 0.13 points. The heightened volatility saw the trading volume jump to 1,556,425 shares. The 52-week high of the share price is $45.27 and the company has a market cap of $12,628 million. The 52-week low of the share price is at $30.31 .
Maxim Integrated Products, Inc. designs, develops, manufactures, and markets a broad range of linear and mixed-signal integrated circuits, commonly referred to as analog circuits. The company also provides a range of high-frequency design processes and capabilities that can be used in custom design.