Maxim Integrated Products (MXIM) has been under a strong bear grip, hence the stock is down -3.36% 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 0.9% in the past 1 week. The stock has risen by 1.44% in the past week indicating that the buyers are active at lower levels, but the stock is down -5.32% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 3.42% and the 50-Day Moving Average is 1.9%.The 200 Day SMA reached 7.53% Maxim Integrated Products, Inc. is up 7.4% in the last 3-month period. Year-to-Date the stock performance stands at 4.79%.
Maxim Integrated Products (MXIM) : Average target price received by Maxim Integrated Products (MXIM) is $38.98 with an expected standard deviation of $5.12. The most aggressive target on the stock is $44, whereas the most downbeat target is $22. 16 financial analysts are currently covering the stock.
Company shares have received an average consensus rating of Hold for the current week Maxim Integrated Products (NASDAQ:MXIM): stock was range-bound between the intraday low of $38.4 and the intraday high of $39.32 after having opened at $39.32 on Fridays session. The stock finally closed in the red at $39.32, a loss of -0.46%. The stock remained in the red for the whole trading day. The total traded volume was 4,575,902 shares. The stock failed to cross $39.32 in Fridays trading. The stocks closing price on Thursday was $38.81.
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.