Skyworks Solutions (NASDAQ:SWKS) : During the past 4 weeks, traders have been relatively bearish on Skyworks Solutions (NASDAQ:SWKS), hence the stock is down -5.55% 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 -0.78% relative to the S&P 500. The stock has risen by 0.5% in the past week indicating that the buyers are active at lower levels, but the stock is down -4.03% in the past 4 weeks.
The company shares have dropped -37.40% from its 1 Year high price. On Jul 24, 2015, the shares registered one year high at $106.50 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $64.62 and the 200 Day Moving Average price is recorded at $68.21.
The stock has recorded a 20-day Moving Average of 0.74% and the 50-Day Moving Average is 2.88%.
Skyworks Solutions (NASDAQ:SWKS): stock turned positive on Friday. Though the stock opened at $61.67, the bulls momentum made the stock top out at $63.15 level for the day. The stock recorded a low of $61.52 and closed the trading day at $62.91, in the green by 3.32%. The total traded volume for the day was 2,299,126. The stock had closed at $60.89 in the previous days trading.
In an insider trading activity, Aldrich David J, director officer (Executive Chairman) of Skyworks Solutions, Inc., unloaded 15,000 shares at an average price of $59.7 on July 5, 2016. The total amount of the transaction was worth $895,500, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Skyworks Solutions Inc. is engaged in the production of analog semiconductors. The Company supports automotive, broadband, wireless infrastructure, energy management, Global Positioning System (GPS), industrial, medical, military, wireless networking, smartphone and tablet applications. The Companys portfolio includes amplifiers, attenuators, circulators, demodulators, detectors, diodes, directional couplers, front-end modules, hybrids, infrastructure radio frequency (RF) subsystems, isolators, lighting and display solutions, mixers, modulators, optocouplers, optoisolators, phase shifters, phase locked loops (PLLs), synthesizers, voltage controlled oscillator power dividers (VCOs), power dividers/combiners, power management devices, receivers, switches, and technical ceramics. The Companys products include Front-end Modules and Amplifiers, Wireless Infrastructure, Power Management, Precision Analog Components, WiFi Connectivity, and Smart Energy.