15.10.2013 18:01:00
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Early Briefing and Review: RF Micro Devices Inc., Skyworks Solutions Inc., Semtech Corp., and PLX Technology Inc.
LONDON, October 15, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
On Monday, October 14, 2013, all three indexes of the US equity market ended higher. The Dow Jones Industrial Average ended the day at 15,301.26, up 0.42%; the S&P 500 closed at 1,710.14, up 0.41%; and the NASDAQ Composite finished at 3,815.28, up 0.62%. Shares of companies in the semiconductor - integrated circuits industry ended on a higher note, tracking gains in the broader market. The major movers included RF Micro Devices Inc. (NASDAQ: RFMD), Skyworks Solutions Inc. (NASDAQ: SWKS), Semtech Corp. (NASDAQ: SMTC), and PLX Technology Inc. (NASDAQ: PLXT). AAAResearchReports.com has released free charting and technical research on these aforementioned companies. Register to read these reports at:
http://www.AAAResearchReports.com/register/
RF Micro Devices Inc.'s stock advanced on Monday, tracking gains in the broader market. The company's shares vacillated between $5.90 and $6.09 before ending the day 1.68% higher at $6.07. A total of 3.22 million shares were traded, which is significantly below the daily average volume of 4.76 million. The company's shares have surged 13.88% in the previous three months and 13.67% in the last one month, underperforming the S&P 500, which has advanced 1.78% and 1.31% during the respective periods. Furthermore, RF Micro Devices Inc.'s stock is trading above its 50-day and 200-day moving averages of $5.32 and $5.19, respectively. Sign up for free report on RFMD at:
http://www.AAAResearchReports.com/RFMD101513.pdf
On Monday, Skyworks Solutions Inc.'s shares posted gains to end the day at $25.21, which is 0.64% higher than the previous day's closing price of $25.05. The company's shares fluctuated between $24.76 and $25.27 during the trading session. A total of 1.70 million shares were traded, which is below the daily average volume of 2.91 million. Skyworks Solutions Inc.'s shares have gained 13.61% in the previous three months, outperforming the S&P 500 which has advanced 1.78% during the same period. Further, the company's stock is trading above its 50-day and 200-day moving averages of $25.10 and $22.88, respectively. SWKS free technical report can be accessed by signing up at:
http://www.AAAResearchReports.com/SWKS101513.pdf
Semtech Corp.'s stock gained 0.16% on Monday, extending the gains from the previous trading session. The company's shares vacillated between $31.35 and $31.90 before closing the day at $31.77. A total of 0.49 million shares were traded, which is below the daily average volume of 0.73 million. The company's shares have advanced 6.11% in the previous three trading sessions, compared to a gain of 3.24% in the S&P 500 during the same period. Additionally, Semtech Corp.'s stock is trading above its 50-day moving average of $30.51. A free report on SMTC can be accessed by registering at:
http://www.AAAResearchReports.com/SMTC101513.pdf
Shares in PLX Technology Inc. edged higher on Monday, tracking gains in the broader market. The company's shares vacillated between $5.94 and $6.09 before ending the day 1.17% higher at $6.07. A total of 0.11 million shares were traded, which is below the daily average volume of 0.35 million. The company's shares have gained 17.18% in the previous three months and 4.48% in the last three trading sessions, outperforming the S&P 500, which has gained 1.78% and 3.24% during the respective periods. Moreover, PLX Technology Inc.'s stock is trading near its 52-week high of $6.12 and also above its 50-day and 200-day moving averages of $5.67 and $4.91, respectively. Register with AAAResearchReports.com and download research on PLXT for free at:
http://www.AAAResearchReports.com/PLXT101513.pdf
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EDITOR NOTES:
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SOURCE AAA Research Reports
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