Intersil Corporation (ISIL) has risen sharply, recording gains of 6.44% in the past 4 weeks. However, the stock has corrected -1.25% in the past 1 week, providing a good buying opportunity on dips. Intersil Corporation (ISIL) : During the past 4 weeks, traders have been relatively bearish on Intersil Corporation (ISIL), hence the stock is down -0.29% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.85% relative to the S&P 500.
Intersil Corporation (NASDAQ:ISIL): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $14.17 and $14.01 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $14.23. The buying momentum continued till the end and the stock did not give up its gains. It closed at $14.21, notching a gain of 0.35% for the day. The total traded volume was 1,041,639 . The stock had closed at $14.16 on the previous day.
The stock has recorded a 20-day Moving Average of 3.05% and the 50-Day Moving Average is 5.42%. Intersil Corporation is up 10.41% in the last 3-month period. Year-to-Date the stock performance stands at 13.62%.
Intersil Corporation is engaged in designing and developing power management and precision analog integrated circuits (IC). The Company caters to infrastructure, industrial, automotive, consumer, instrumentation and measurement, light emitting diode (LED) lighting, medical, military, networking and communications, security and surveillance, radiation hardened, video and computing markets. It supplies a range of power IC solutions for battery management, processor power management and display power management, including power regulators, converters and controllers, as well as integrated power modules. The Company also provides precision analog components. The Companys product groups are power management, amplifiers and buffers, audio and video, data converters, end market specific, interface, optoelectronics, space and harsh environment, switches/multiplexers (MUXes)/crosspoints, timing and digital, and other analog.