Silicon Motion Technology Corporation (SIMO) is priced at $64.53 after the most recent trading session. At the very opening of the session, the stock price was $59.19 and reached a high price of $65.58, prior to closing the session it reached the value of $59.58. The stock touched a low price of $59.19.Recently in News on March 8, 2023, Silicon Motion Returns to 2023 Embedded World with a Vast Array of PCIe Gen4 SSD Solutions for PCs, Industrial/Embedded and Automotive Applications. Silicon Motion Technology Corporation (NasdaqGS: SIMO) (“Silicon Motion”), a global leader in designing and marketing NAND flash controllers for solid-state storage devices, today announced it will be exhibiting at the upcoming Embedded World in Nuremberg, Germany from the 14th to 16th March and will be showcasing their high-performance PCIe NVMe Gen4 single-chip SSD solution, automotive controller as well as an array of PCIe NVMe Gen4 SSD controller solutions for personal computers, industrial/embedded and automotive applications. You can read further details here
Silicon Motion Technology Corporation had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $98.65 on 05/05/22, with the lowest value was $51.82 for the same time period, recorded on 10/25/22.
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Silicon Motion Technology Corporation (SIMO) full year performance was -3.11%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Silicon Motion Technology Corporation shares are logging -34.59% during the 52-week period from high price, and 24.53% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $51.82 and $98.65.
The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 1586033 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Silicon Motion Technology Corporation (SIMO) recorded performance in the market was -0.71%, having the revenues showcasing -3.40% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 2.17B, as it employees total of 1434 workers.
Silicon Motion Technology Corporation (SIMO) in the eye of market guru’s
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 63.55, with a change in the price was noted +8.53. In a similar fashion, Silicon Motion Technology Corporation posted a movement of +15.23% for the period of last 100 days, recording 348,650 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for SIMO is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
Silicon Motion Technology Corporation (SIMO): Stocks Technical analysis and Trends
Raw Stochastic average of Silicon Motion Technology Corporation in the period of last 50 days is set at 46.17%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 46.17%. In the last 20 days, the company’s Stochastic %K was 19.25% and its Stochastic %D was recorded 9.01%.
If we look into the earlier routines of Silicon Motion Technology Corporation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -0.71%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -10.20%, alongside a downfall of -3.11% for the period of the last 12 months. The shares increased approximately by -0.08% in the 7-day charts and went up by -1.22% in the period of the last 30 days. Common stock shares were lifted by -3.40% during last recorded quarter.