PDF Solutions (PDFS) : Traders are bullish on PDF Solutions (PDFS) as it has outperformed the S&P 500 by a wide margin of 8.7% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3.08%, 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 3.05% in the last 1 week, and is up 9.12% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
PDF Solutions Inc. is up 31.23% in the last 3-month period. Year-to-Date the stock performance stands at 58.95%. The stock has recorded a 20-day Moving Average of 3.69% and the 50-Day Moving Average is 13.27%.
PDF Solutions (NASDAQ:PDFS): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $17.05 and $16.94 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $17.49. The buying momentum continued till the end and the stock did not give up its gains. It closed at $17.23, notching a gain of 1.00% for the day. The total traded volume was 191,245 . The stock had closed at $17.06 on the previous day.
Also, Brokerage firm Craig-Hallum downgrades its rating on PDF Solutions (NASDAQ:PDFS). The shares have been rated Hold. Previously, the analysts had a Buy rating on the shares. The rating by the firm was issued on July 29, 2016.
PDF Solutions, Inc. is a provider of infrastructure technologies and services to improve yield and performance of integrated circuits (IC). The companys technologies and services target the entire IC manufacturing process life cycle. The companys solutions combine software, test chips, an electrical wafer test system, methodologies, and professional services. The companys Characterization Vehicle (CV) electrical test chip infrastructure provides the modeling capabilities. Its Template layout patterns provide area, performance and manufacturability for designing IC products. Its Exensio solution for YieldAware FDC enables variability control in manufacturing.