Company Shares of Integrated Device Technology (NASDAQ:IDTI) Rally 1.7%

Integrated Device Technology (NASDAQ:IDTI) has been under a strong bear grip, hence the stock is down -14.19% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.42% in the past 1 week. The stock has risen by 1.7% in the past week indicating that the buyers are active at lower levels, but the stock is down -12.81% in the past 4 weeks.

The company shares have rallied 0.79% from its 1 Year high price. On Dec 3, 2015, the shares registered one year high at $29.04 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $21.82 and the 200 Day Moving Average price is recorded at $21.34.

The stock has recorded a 20-day Moving Average of 4.08% and the 50-Day Moving Average is 5.16%.


Integrated Device Technology (NASDAQ:IDTI): stock turned positive on Friday. Though the stock opened at $19.85, the bulls momentum made the stock top out at $20.39 level for the day. The stock recorded a low of $19.69 and closed the trading day at $20.29, in the green by 3.10%. The total traded volume for the day was 1,606,163. The stock had closed at $19.68 in the previous days trading.

In an insider trading activity, The Securities and Exchange Commission has divulged that Montana Mario, officer (VP, CHIEF SALES OFFICER) of Integrated Device Technology Inc, had unloaded 15,508 shares at an average price of $22.83 in a transaction dated on June 15, 2016. The total value of the transaction was worth $354,048.

Integrated Device Technology, Inc. (IDT) is a developer of mixed-signal semiconductor solutions. The Company offers semiconductors for communications infrastructure in both wired and wireless. It designs, develops, manufactures and markets a range of semiconductor. It operates in two segments: the Communications segment and the Computing and Consumer segment. Its Communications segment includes clock and timing solutions, flow-control management devices, including Serial RapidIO switching solutions and radio frequency (RF) products. Its Computing and Consumer segment includes clock generation and distribution products, server memory interface products, PCI Express switching solutions, power management solutions and signal integrity products. It offers communications timing products, serial rapidIO solutions, RF products, consumer and computing timing products, memory interface products, PCI express switching solutions, power management solutions and signal integrity products.

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