The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Semtech Corp.’s current trading price is 0.40% away from its 52-week high, while its distance from the 52-week low is 169.84%. The stock’s price range for this period has been between $13.13 and $35.29 The company’s shares, which are part of the Technology sector, had a trading volume of approximately 2.44 million for the day, a number notably higher than the average daily volume of 1.66 million over the last three months.
In terms of market performance, Semtech Corp. had a fairly even. The highest value for the stock in the past year was $35.29 on 04/08/24, and the lowest value was recorded at $13.13 on 10/30/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Semtech Corp. (SMTC) has experienced a quarterly rise of 73.08% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.29B and boasts a workforce of 1917 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 21.12, with a change in price of +21.18. Similarly, Semtech Corp. recorded 1,747,166 in trading volume during the last 100 days, posting a change of +145.07%.
SMTC Stock Stochastic Average
As of today, Semtech Corp.’s raw stochastic average for the last 50 days stands at 99.88%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 99.86%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 87.86% and 85.41%, respectively.
SMTC Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. The metric has seen a significant gain of 61.71% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 58.95%. Over the past 30 days, the price of SMTC has fallen by 49.43%. And in the last five days, it has surged by 20.63%.
