InvenSense (NYSE:INVN) : During the past 4 weeks, traders have been relatively bearish on InvenSense (NYSE:INVN), hence the stock is down -1.11% 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 -0.46% relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.82% in the last 1 week, and is up 0.49% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have dropped -53.92% from its 1 Year high price. On Aug 3, 2015, the shares registered one year high at $13.94 and the one year low was seen on May 16, 2016. The 50-Day Moving Average price is $6.14 and the 200 Day Moving Average price is recorded at $7.52.
The stock has recorded a 20-day Moving Average of 1.28% and the 50-Day Moving Average is 2.99%.
InvenSense (NYSE:INVN): stock turned positive on Friday. Though the stock opened at $5.98, the bulls momentum made the stock top out at $6.2 level for the day. The stock recorded a low of $5.98 and closed the trading day at $6.17, in the green by 3.87%. The total traded volume for the day was 1,206,533. The stock had closed at $5.94 in the previous days trading.
In an insider trading activity, The Securities and Exchange Commission has divulged that Goehl Daniel, officer (VPWorldwide Sales) of Invensense Inc, had unloaded 3,362 shares at an average price of $5.59 in a transaction dated on May 16, 2016. The total value of the transaction was worth $18,794.
InvenSense, Inc. (InvenSense) is engaged in designing, developing, manufacturing and marketing devices and related software for sensor system-on-chip (SoC) for the motion and sound markets. The Company designs, develops, markets and sells sensor SoCs, including accelerometers, gyroscopes and microphones for the mobile, wearable, smart home, gaming, industrial and automotive market segments. The Companys motion solutions detect and track an objects motion in three-dimensional space. It assimilates information from gyroscopes, accelerometers, magnetometers, pressure sensors and microphones to determine how a host device is moving, its direction, its elevation and what it is hearing. The Companys sensor SoC devices consist of various fundamental components, such as its micro-electro-mechanical-systems (MEMS)-based motion sensors combined with its mixed-signal circuitry for signal processing; its MotionFusion technology, and the MotionApps platform.