Integrated Device Technology (IDTI) has been under a strong bear grip, hence the stock is down -7.4% 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 0.27% in the past 1 week. The 4-week change in the price of the stock is -7.59% and the stock has fallen -0.39% in the past 1 week.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 2.99% and the fifty day Moving Average is 0.88%. Integrated Device Technology, Inc. has dropped 12.49% during the last three month period . Year-to-Date the stock performance stands at -22.88%.
Integrated Device Technology (IDTI) has been rated by 9 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $28 and the lowest price target forecast is $19. The average forecast of all the analysts is $24.33 and the expected standard deviation is $2.55.
Integrated Device Technology (NASDAQ:IDTI): stock turned positive on Friday. Though the stock opened at $20.18, the bulls momentum made the stock top out at $20.49 level for the day. The stock recorded a low of $20.1 and closed the trading day at $20.32, in the green by 0.69%. The total traded volume for the day was 1,501,512. The stock had closed at $20.18 in the previous days trading.
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.