Hutchinson Technology Incorporated (HTCH) Shares are Down -0.63%

Hutchinson Technology Incorporated (HTCH) : During the past 4 weeks, traders have been relatively bearish on Hutchinson Technology Incorporated (HTCH), hence the stock is down -52.61% 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 -0.6% relative to the S&P 500. The 4-week change in the price of the stock is -52.42% and the stock has fallen -0.63% in the past 1 week.

Hutchinson Technology Inc. has dropped 56.02% during the last 3-month period . Year-to-Date the stock performance stands at -56.27%. The stock has recorded a 20-day Moving Average of 14.51% and the 50-Day Moving Average is 44.67%.


Hutchinson Technology Incorporated (NASDAQ:HTCH): The stock opened at $1.63 on Friday but the bulls could not build on the opening and the stock topped out at $1.70 for the day. The stock traded down to $1.55 during the day, due to lack of any buying support eventually closed down at $1.57 with a loss of -0.63% for the day. The stock had closed at $1.58 on the previous day. The total traded volume was 235,508 shares.

Hutchinson Technology Incorporated (HTI) is a manufacturer of suspension assemblies for all sizes and types of hard disk drives. The Company manufactures suspension assemblies for all sizes and types of hard disk drives. Suspension assemblies are components of disk drives that hold the read/write heads in position above the spinning magnetic disks. The Company categorizes its products as either suspension assemblies or other revenue, which consists primarily of revenue outside of the disk drive industry for precision component manufacturing, tool design, tool build and metrology, suspension assembly components, reimbursement for disk drive industry-related engineering services and specific disk drive program capacity and biomeasurement products. During the year ended September 28, 2014, the Company shipped 432 million suspension assemblies of all types, supplying all manufacturers of disk drives and head-gimbal assemblers.

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