LONDON, June 26, 2014 /PRNewswire/ --
On Wednesday, June 25, 2014, the NASDAQ Composite ended at 4,379.76, up 0.68%, the Dow Jones Industrial Average finished the session at 16,867.51, up 0.29% and the S&P 500 closed at 1,959.53, up 0.49%. During the trading session, nine out of ten sectors finished on a higher note. The S&P 500 Information Technology Sector Index ended the day 0.57% higher at 628.75, and the index has advanced 4.75% in the previous three months. Investor-Edge has initiated coverage on the following equities: Microchip Technology Inc. (NASDAQ: MCHP), Cirrus Logic Inc. (NASDAQ: CRUS), Lattice Semiconductor Corp. (NASDAQ: LSCC) and Integrated Device Technology Inc. (NASDAQ: IDTI). Free technical research on MCHP, CRUS, LSCC and IDTI can be downloaded upon signing up at:
http://www.investor-edge.com/4232-register
Shares in Microchip Technology Inc. advanced 0.16% on Wednesday, closing the session at $48.84. A total of 0.84 million shares were traded, which was below its three months average volume of 1.55 million shares. The stock moved between $48.37 and $48.90 during the session. Microchip Technology Inc.'s stock has gained 4.67% in the last one month and 9.14% from the beginning of 2014. However, the stock has declined 1.05% in the previous three trading sessions. The company's stock is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $47.61 is above its 200-day moving average of $44.60. Additionally, Microchip Technology Inc.'s stock traded at a PE ratio of 27.49 and has a Relative Strength Index (RSI) of 54.74. Sign up today to read free research on MCHP at:
http://www.investor-edge.com/4232-MCHP-26Jun2014.pdf
Cirrus Logic Inc.'s stock fluctuated between $23.33 and $23.82 before ending the session 0.88% lower at $23.59. On Wednesday, the company's stock reported a trading volume of 1.00 million shares, which was below its three months average volume of 1.55 million shares. The company's stock traded at a PE ratio of 14.37. Over the previous three trading sessions and in the last one month, Cirrus Logic Inc.'s stock has advanced 1.99% and 6.94%, respectively. Moreover, the company's stock has gained 15.50% on YTD basis. Cirrus Logic Inc.'s stock is trading above its 50-day and 200-day moving averages of $22.10 and $20.95, respectively. Further, the company's shares have an RSI of 62.75. Sign up today to read free research on CRUS at:
http://www.investor-edge.com/4232-CRUS-26Jun2014.pdf
Shares in Lattice Semiconductor Corp. declined 0.49% on Wednesday, closing the day at $8.08. The stock recorded a trading volume of 1.16 million shares, near its three months average volume of 1.34 million shares. The company's stock oscillated between $7.89 and $8.12 during the session. Shares in Lattice Semiconductor Corp. have gained 2.15% in the last one month and 47.18% on YTD basis, although, the company's shares have fallen by 3.92% in the previous three trading sessions. Lattice Semiconductor Corp.'s shares are trading below their 50-day moving average. The stock's 50-day moving average of $8.10 is above its 200-day moving average of $6.51. Furthermore, the company's stock traded at a PE ratio of 29.03 and has an RSI of 49.55. Sign up today to read free research on LSCC at:
http://www.investor-edge.com/4232-LSCC-26Jun2014.pdf
On Wednesday, shares in Integrated Device Technology Inc. recorded a trading volume of 1.98 million shares, below its three months average volume of 2.82 million shares. The stock finished the day at $15.05, which was 0.47% higher its previous day's closing of $14.98, and registered an intraday range of $14.81 and $15.08. The company's stock traded at a PE ratio of 38.20. Shares in Integrated Device Technology Inc. have surged 18.22% in the last one month and 47.84% on YTD basis, while, the shares have declined 1.44% in the previous three trading sessions. Shares in Integrated Device Technology Inc. are trading above their 50-day and 200-day moving averages of $12.84 and $11.13, respectively. Moreover, the company's stock has an RSI of 71.52. Sign up today to read free research on IDTI at:
http://www.investor-edge.com/4232-IDTI-26Jun2014.pdf
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