How These Semiconductor Stocks are Faring? -- QuickLogic, Semtech, EMCORE, and Pixelworks

NEW YORK, May 12, 2017 /PRNewswire/ --

On Thursday, May 11, 2017, the NASDAQ Composite, the Dow Jones Industrial Average, and the S&P 500 edged lower at the closing bell. Six out of nine sectors ended Thursday's trading session in bearish territories. Taking into consideration yesterday's market sentiment, Stock-Callers.com assessed the following Semiconductor - Integrated Circuits equities this morning: QuickLogic Corporation (NASDAQ: QUIK), Semtech Corporation (NASDAQ: SMTC), EMCORE Corporation (NASDAQ: EMKR), and Pixelworks Inc. (NASDAQ: PXLW). Download the free research reports on these stocks today: http://stock-callers.com/registration

QuickLogic  

On Thursday, shares in Sunnyvale, California headquartered QuickLogic Corp. recorded a trading volume of 1.12 million shares, which was higher than their three months average volume of 679,910 shares. The stock ended the day 8.98% lower at $1.52. QuickLogic's stock has surged 52.00% in the past one year. The Company's shares are trading above its 200-day moving average by 23.72%. Furthermore, shares of QuickLogic, which designs, markets, and supports silicon solutions for smartphones, wearable devices, tablets, and the Internet-of-Things, have a Relative Strength Index (RSI) of 38.44.
On May 11^th, 2017, research firm ROTH Capital downgraded the Company's stock rating from 'Buy' to 'Neutral'. See our free and comprehensive research report on QUIK at: http://stock-callers.com/registration/?symbol=QUIK

Semtech  

Camarillo, California headquartered Semtech Corp.'s stock finished Thursday's session 0.28% higher at $35.55, with a total volume of 357,344 shares traded. Over the last one month and the previous three months, Semtech's shares have gained 8.72% and 6.92%, respectively. Furthermore, the stock has surged 62.63% in the past one year. The Company's shares are trading above its 50-day and 200-day moving averages by 5.23% and 18.18%, respectively. Shares of Semtech, which designs, develops, manufactures, and markets analog and mixed-signal semiconductor products, are trading at a PE ratio of 42.99. The stock has an RSI of 62.20.
On May 10^th, 2017, research firm Robert W. Baird initiated an 'Outperform' rating on the Company's stock, with a target price of $45 per share. SMTC free research report PDF is just a click away at: http://stock-callers.com/registration/?symbol=SMTC

EMCORE  

Alhambra, California headquartered EMCORE Corp.'s stock edged 0.47% higher, to close the day at $10.70. The stock recorded a trading volume of 306,428 shares. EMCORE's shares have surged 25.88% in the last one month, 18.89% in the previous three months, and 149.96% in the past one year. The Company's shares are trading 19.50% and 43.93% above its 50-day and 200-day moving averages, respectively. Shares of the Company, which together with its subsidiaries, designs, manufactures, and sells indium phosphide optical chips, components, subsystems, and systems for the broadband and specialty fiber optics market worldwide, are trading at a PE ratio of 64.07. Additionally, the stock has an RSI of 72.07. Sign up for your complimentary report on EMKR at: http://stock-callers.com/registration/?symbol=EMKR

Pixelworks  

On Thursday, shares in San Jose, California-based Pixelworks Inc. ended the session 5.19% higher at $5.88, with a total volume of 748,937 shares traded. Pixelworks' shares have surged 33.94% in the last one month and 55.97% in the previous three months. Furthermore, the stock has rallied 252.10% in the past one year. Shares of the Company, which designs, develops, and markets video processing semiconductors, intellectual property cores, software, and custom ASIC solutions for digital video applications, are trading at a PE ratio of 1960.00. The stock is trading 28.07% above its 50-day moving average and 75.98% above its 200-day moving average. Moreover, the Company's shares have an RSI of 77.58.
On April 28^th, 2017, research firm Lake Street reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $4 a share to $5.50 a share. Register for free on Stock-Callers.com and download the latest research report on PXLW at: http://stock-callers.com/registration/?symbol=PXLW

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