Linear Technology Corporation (LLTC) has been under a strong bear grip, hence the stock is down -2.21% 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 0.03% in the past 1 week. The 4-week change in the price of the stock is -2.42% and the stock has fallen -0.63% in the past 1 week.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 0.52% and the fifty day Moving Average is 11.64%. Linear Technology Corporation is up 24.78% in the last three month period. Year-to-Date the stock performance stands at 40.69%.
Linear Technology Corporation (LLTC) : 8 Wall Street analysts covering Linear Technology Corporation (LLTC) believe that the average level the stock could reach for the short term is $58.38. The maximum price target given is $64 and the minimum target for short term is around $44, hence the standard deviation is calculated at $6.37.
Linear Technology Corporation (NASDAQ:LLTC): stock turned positive on Friday. Though the stock opened at $58.5, the bulls momentum made the stock top out at $58.77 level for the day. The stock recorded a low of $58.18 and closed the trading day at $58.54, in the green by 0.12%. The total traded volume for the day was 1,483,406. The stock had closed at $58.47 in the previous days trading.
Linear Technology Corporation (Linear Technology) is engaged in designing, manufacturing and marketing a line of high performance analog integrated circuits for companies across the world. Linear Technology produces power management, data conversion, signal conditioning, RF and interface ICs, Module subsystems, and wireless sensor network products. The Company produces a range of products for a variety of customers and markets. The Companys SmartMesh IP and SmartMesh WirelessHART technology offers wireless network based solutions using low power electronic components, board level products with mesh networking and software addressing high level applications such as industrial process automation, data center energy management, building energy management, renewable energy monitoring, and transportation management systems.