Allegro MicroSystems, Inc. (NASDAQ: ALGM) is the focus of IBN’s latest stock spotlight. The company’s shares have moved 0.26% on the day to $41.98.
Allegro MicroSystems, Inc. designs, develops, manufactures, and markets sensor integrated circuits (ICs) and application-specific analog power ICs for motion control and energy-efficient systems. Its products include magnetic sensor ICs, such as position, speed, and current sensor ICs; and power ICs comprising motor driver ICs, and regulator and LED driver ICs, as well as photonic and 3D sensing components, including photodiodes, eye-safe lasers and rangefinders, and readout ICs for LiDAR applications.
So far today, approximately 626.1k shares of Allegro MicroSystems, Inc. have been exchanged, as compared to an average 30-day volume of 1.17M shares.
Allegro MicroSystems, Inc. share prices have moved between a 52-week high of $48.72 and a 52-week low of $19.2. The stock has moved -7.04% over the past week.
To learn more about Allegro MicroSystems, Inc., visit the company’s website at https://www.allegromicro.com.
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