Maxim Integrated Products (MXIM) Shares are Down -0.12%

Maxim Integrated Products (MXIM) has risen sharply, recording gains of 10.44% in the past 4 weeks. However, the stock has corrected -0.12% 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 7.76% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.

Maxim Integrated Products (NASDAQ:MXIM): The stock opened at $41.13 on Friday but the bulls could not build on the opening and the stock topped out at $41.13 for the day. The stock traded down to $40.67 during the day, due to lack of any buying support eventually closed down at $40.73 with a loss of -0.24% for the day. The stock had closed at $40.83 on the previous day. The total traded volume was 2,416,947 shares.

The stock has recorded a 20-day Moving Average of 4.37% and the 50-Day Moving Average is 8%. Maxim Integrated Products, Inc. is up 14.53% in the last 3-month period. Year-to-Date the stock performance stands at 9.08%.

Maxim Integrated Products (MXIM) : The highest level Maxim Integrated Products (MXIM) is projected to reach is $44 for the short term and the lowest estimate is at $22. The consolidated price target from 17 rating analysts who initiate coverage on the stock is $38.57 and the possibility the share price can swing is $4.99.


Maxim Integrated Products, Inc. is engaged in designing, developing, manufacturing and marketing a range of linear and mixed-signal integrated circuits, referred to as analog circuits. The Company also provides a range of high-frequency process technologies and capabilities for use in custom designs. The Companys products include switching regulators, charge pumps, linear regulators, light-emitting diode drivers, power switching, transceivers, level translators, broadband switches, current loop products, real-time clocks, data loggers and microcontrollers. The Company serves markets, including communications and data center, computing and consumer markets. Its communications and data center caters to base stations, data storage, servers, telecommunications and other communications. Its computing caters to desktop computers, notebook computers and peripherals. Its consumer products cater to smartphones, digital cameras, handheld computers, home entertainment and appliances.

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