Stock price performance of Qorvo, Inc. is analyzed for various periods using several stock trading signals. In this case, The stock price has rallied 19.51% 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 13.75% . Looking at the past 52 week period, the stock price is up at 71.71% . 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 Qorvo, Inc. has a positive value of 4.6 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 11.07% and the 50-Day Moving Average is 14.39%.The 200 Day SMA reached 17.36%
Qorvo, Inc. is having a Relative Strength Index of 67.85 which indicates the stock is not yet over sold or over bought based on the technical indicators. Qorvo, Inc. (NASDAQ:QRVO) has climbed 0.49% in the past week and advanced 18.75% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 0.37% and the outperformance has advanced to 17.7% for the last 4 weeks period.
Company has reported several Insider transactions to the SEC, on Nov 10, 2016, Mark J. Murphy (CFO) purchased 10,000 shares at 51.65 per share price.On Nov 9, 2016, John R Harding (director) sold 12,500 shares at 49.98 per share price.On Oct 7, 2016, James L Klein (VP and Pres. Infra. & Defense) sold 1,384 shares at 55.00 per share price.
Qorvo Inc Last issued its quarterly earnings results on Feb 1, 2017. The company reported $1.35 EPS for the quarter, beating the analyst consensus estimate by $ 0.10. Analyst had a consensus of $1.25. The company had revenue of $826.30 million for the quarter, compared to analysts expectations of $821.42 million. The companys revenue was up 33.1% 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 Mizuho on Feb 2, 2017 to Neutral, Raises Price Target to $ 56 from a previous price target of $54 .Company shares were Reiterated by Cowen on Feb 2, 2017 to Market Perform, Raises Price Target to $ 60 from a previous price target of $53 .Company shares were Reiterated by Needham on Feb 2, 2017 to Buy, Raises Price Target to $ 70 from a previous price target of $62 .
Qorvo, Inc. (NASDAQ:QRVO) : On Friday heightened volatility was witnessed in Qorvo, Inc. (NASDAQ:QRVO) which led to swings in the share price. The stock opened for trading at $63.46 and hit $64.63 on the upside , eventually ending the session at $63.96, with a gain of 0.96% or 0.61 points. The heightened volatility saw the trading volume jump to 1,559,375 shares. The 52-week high of the share price is $65.97 and the company has a market cap of $8,169 million. The 52-week low of the share price is at $33.3 .
Qorvo, Inc. is a provider of technologies and RF solutions for mobile, infrastructure and aerospace/defence applications. The Company operates through two subsidiaries: RF Micro Devices, Inc. (RFMD) and TriQuint Semiconductor, Inc. (TriQuint). RFMD designs and manufactures radio frequency solutions. TriQuint designs, develops and manufactures active and passive technologies, including power amplifier, switch and filter modules for the mobile device, network infrastructure, and defence and aerospace markets. Its products are used for wireless communications applications such as cellular and PCS, cordless telephony, wireless LANs, industrial radios, wireless security and remote meter reading. Qorvo, Inc.is based in United States.