Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. The index has shown a price gain of 78.00% this year. Over the last six months, there has been a weaker performance of 163.51%. The price of SMTC fallen by 17.36% during the last 30 days period. For the last 5-days stocks have improved 0.83%.
Semtech Corp.’s market performance has been stable in recent times. The company’s stock hit a 1-year high of $41.36 on 05/08/24 and a low of $13.13 for the same time frame on 10/30/23.
52-week price history of SMTC Stock
Examining the 52-week high and low prices can provide valuable insights into a stock’s current status and future performance. Semtech Corp.’s current trading price is -5.71% away from its 52-week high, while its distance from the 52-week low is 197.03%. The stock’s price range during this time has been between $13.13 and $41.36. The trading volume for the Technology sector company’s shares reached about 1.74 million for the day, which was lower than the average daily volume of 2.38 million over the last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Semtech Corp. (SMTC) has experienced a quarterly rise of 92.50% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.52B and boasts a workforce of 1917 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 25.28, with a change in price of +16.12. Similarly, Semtech Corp. recorded 1,915,927 in trading volume during the last 100 days, posting a change of +70.45%.
SMTC Stock Stochastic Average
Today’s raw stochastic average for Semtech Corp. over the last 50 days is 88.51%.This indicates a increase from the raw stochastic average of the past 20 days, which was 78.21%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 89.86% and 93.90%, respectively.
