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 -8.83% away from its 52-week high, while its distance from the 52-week low is 148.59%. The stock’s price range for this period has been between $13.13 and $35.80 The company’s shares, which are part of the Technology sector, had a trading volume of approximately 4.52 million for the day, a number notably higher than the average daily volume of 2.09 million over the last three months.
The market performance of Semtech Corp.’s stock has been harmonious in recent times. Over the last year, the company’s stock reached its highest point at $35.80 on 04/08/24, while the lowest value for the same duration was $13.13 on 10/30/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Semtech Corp. (SMTC) has experienced a quarterly rise of 46.04% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.11B 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 22.99, with a change in price of +16.24. Similarly, Semtech Corp. recorded 2,037,479 in trading volume during the last 100 days, posting a change of +99.02%.
SMTC Stock Stochastic Average
As of today, Semtech Corp.’s raw stochastic average for the last 50 days stands at 81.06%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 74.99%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 70.98% and 71.18%, respectively.
SMTC Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. Year to date metric has recorded a gain of 48.97%.However, over the last six months, we can see a weaker performance of 97.94%. Over the last 30 days, the price of SMTC has fallen by 42.41%. And in the last five days, it has fallen by -0.91%.
