Monolithic Power Systems, Inc. (Nasdaq:MPWR)
April 16th, 2019
Amidst rising markets Monolithic Power Systems, Inc. closed Tuesday up 2.13%, a $3.23 increase to close on $154.80. Furthermore it hit a new 52 week high of $156.40. It’s expected that Monolithic Power Systems, Inc. will report earnings within the next couple of weeks.
MPWR outperformed the rest of the Information Technology sector which went up 0.49% today.
Forecasts from 8 analysts indicates that Monolithic Power Systems, Inc. could drop somewhat (-2.03%), while Finbox has calculated (with low uncertainty) a fair value price of $106.69.
The market sectors were mixed Tuesday with a majority of the sectors trending up. Financials saw the biggest increase of the day (1.37%), while Real Estate saw the biggest drop (-2.38%). Information Technology has seen the biggest year-to-date gain at 24.38%.
Financials saw the biggest turnaround from its 5-day performance of 3.59%, as it went up 1.37%. Consumer Staples saw a turn around from its 5-day performance of 1.35% trading down -0.06%.
- Financials went up with a 1.37% change.
- Energy went up with a 0.64% change.
- Industrials went up with a 0.59% change.
- Information Technology went up with a 0.49% change.
- Consumer Discretionary went up with a 0.48% change.
- Materials went up with a 0.47% change.
- Communication Services went up with a 0.21% change.
- Consumer Staples went down with a -0.06% change.
- Utilities went down with a -1.39% change.
- Healthcare went down with a -2.03% change.
- Real Estate went down with a -2.38% change.
Monolithic Power Systems, Inc. Info
Monolithic Power Systems, Inc. designs, develops, and markets integrated power semiconductor solutions and power delivery architectures for consumer, computing and storage, industrial, automotive, and communications markets. It offers direct current (DC) to DC integrated circuits (ICs) that are used to convert and control voltages of various electronic systems, such as portable electronic devices, wireless LAN access points, computers, monitors, automobiles, and medical equipment. The company also provides lighting control ICs for backlighting that are used in systems, which provide the light source for LCD panels in notebook computers, monitors, car navigation systems, and televisions, as well as for general illumination applications. The company sells its products through third-party distributors, and resellers, as well as directly to original equipment manufacturers, original design manufacturers, and electronic manufacturing service providers in China, Taiwan, Europe, Korea, Southeast Asia, Japan, the United States, and internationally. Monolithic Power Systems, Inc. was founded in 1997 and is headquartered in Kirkland, Washington.
All amounts in USD unless otherwise indicated
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