Intersil Corporation (ISIL) : Traders are bullish on Intersil Corporation (ISIL) as it has outperformed the S&P 500 by a wide margin of 41.68% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 11.54%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 12.14% in the last 1 week, and is up 38.81% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 12.57% and the 50-Day Moving Average is 31.53%.The 200 Day SMA reached 59.63% Intersil Corporation is up 55.75% in the last 3-month period. Year-to-Date the stock performance stands at 74.97%.
Intersil Corporation (ISIL) has been rated by 7 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $23 and the lowest price target forecast is $15. The average forecast of all the analysts is $19.79 and the expected standard deviation is $3.2.
Company shares have received an average consensus rating of Hold for the current week Intersil Corporation (NASDAQ:ISIL): stock was range-bound between the intraday low of $21.7 and the intraday high of $21.84 after having opened at $21.81 on Fridays session. The stock finally closed in the red at $21.81, a loss of -0.50%. The stock remained in the red for the whole trading day. The total traded volume was 4,510,832 shares. The stock failed to cross $21.84 in Fridays trading. The stocks closing price on Thursday was $21.71.
Intersil Corporation is engaged in designing and developing power management and precision analog integrated circuits (IC). The Company caters to infrastructure, industrial, automotive, consumer, instrumentation and measurement, light emitting diode (LED) lighting, medical, military, networking and communications, security and surveillance, radiation hardened, video and computing markets. It supplies a range of power IC solutions for battery management, processor power management and display power management, including power regulators, converters and controllers, as well as integrated power modules. The Company also provides precision analog components. The Companys product groups are power management, amplifiers and buffers, audio and video, data converters, end market specific, interface, optoelectronics, space and harsh environment, switches/multiplexers (MUXes)/crosspoints, timing and digital, and other analog.