Integrated Device Technology (IDTI) : During the past 4 weeks, traders have been relatively bearish on Integrated Device Technology (IDTI), hence the stock is down -9.45% 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 -14.73% relative to the S&P 500. The 4-week change in the price of the stock is -7.2% and the stock has fallen -14.37% in the past 1 week.
Integrated Device Technology (NASDAQ:IDTI): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $18.91 and $18.75 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $19.09. The buying momentum continued till the end and the stock did not give up its gains. It closed at $18.83, notching a gain of 0.43% for the day. The total traded volume was 3,022,206 . The stock had closed at $18.75 on the previous day.
The stock has recorded a 20-day Moving Average of 11.37% and the 50-Day Moving Average is 12.8%. Integrated Device Technology, Inc. has dropped 7.15% during the last 3-month period . Year-to-Date the stock performance stands at -28.54%.
Integrated Device Technology (IDTI) has been rated by 8 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 $24.5 and the expected standard deviation is $2.67.
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.