Integrated Device Technology (IDTI) Shares are Down -0.69%

Integrated Device Technology (IDTI) has risen sharply, recording gains of 7.62% in the past 4 weeks. However, the stock has corrected -0.69% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 0.81% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.

Integrated Device Technology (NASDAQ:IDTI): The stock opened at $21.40 on Friday but the bulls could not build on the opening and the stock topped out at $21.59 for the day. The stock traded down to $21.07 during the day, due to lack of any buying support eventually closed down at $21.46 with a loss of -0.23% for the day. The stock had closed at $21.51 on the previous day. The total traded volume was 1,086,189 shares.


The stock has recorded a 20-day Moving Average of 4.32% and the 50-Day Moving Average is 0.73%. Integrated Device Technology, Inc. is up 5.4% in the last 3-month period. Year-to-Date the stock performance stands at -18.56%.

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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