NXP Semiconductors N.V. (NXPI) : Traders are bullish on NXP Semiconductors N.V. (NXPI) as it has outperformed the S&P 500 by a wide margin of 6.87% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.28%, 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 0.34% in the last 1 week, and is up 7.97% 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 2.06% and the 50-Day Moving Average is 2.59%. NXP Semiconductors N.V. (NASDAQ:NXPI): On Fridays trading session , Opening price of the stock was $85.49 with an intraday high of $86.4. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $85.45. However, the stock managed to close at $86.03, a loss of 0.17% for the day. On the previous day, the stock had closed at $86.18. The total traded volume of the day was 1,398,885 shares.
Institutional Investors own 82.39% of NXP Semiconductors N.V. shares. Also, Baird initiates coverage on NXP Semiconductors N.V. (NASDAQ:NXPI).The analysts at the brokerage house have a current rating of Outperform on the shares. The rating by the firm was issued on August 2, 2016.
NXP Semiconductors N.V. (NXP) is a holding company. The Company is a semiconductor company. The Company provides high performance mixed signal and standard product solutions. Its product solutions are used in a range of automotive, identification, wireless infrastructure, lighting, industrial, mobile, consumer and computing applications. The Company operates in two segments: High Performance Mixed Signal (HPMS) and Standard Products (SP). The Company sells two categories of products, High Performance Mixed Signal product solutions and Standard Products. The HPMS segment offers semiconductors and system solutions. The SP segment consists of devices, which can be incorporated in many different types of electronics equipment and, which are sold to a range of customers, both directly and through distributors.