On the bad day this might turn out to be a lifeline : Integrated Device Technology, Inc. (IDTI)

Price Performance of Integrated Device Technology, Inc. (IDTI)

When looking at price performance, Integrated Device Technology, Inc. (NASDAQ:IDTI) has experienced quite a remarkable year. This stock inclined to its 1-Year High price of $48.70 on 12/11/18, but its lowest price during the period was $26.96 and happened on 02/08/18.

At the end of the most recent trading day, Integrated Device Technology, Inc. closed at $48.43. The stock began the trading session at $48.25 and hit a high of $48.44. The lowest price during the trading day was $48.25.

The shares of this company, which operates in the technology sector, reached a trading volume of about 1,253,183 throughout the day, which was clearly lower than the average daily volume for these shares.

At the time of writing, this publicly-traded organization holds a total market value of 6.23B, with 1821 employees on its payroll.

Continuing to move ahead, if considering what leading stock market professionals have to say about Integrated Device Technology, Inc. (NASDAQ:IDTI), the mean rating for this stock is 2.91. How is that calculated? Well, 0 analysts have given this company a BUY rating, 1 is rated it as OUTPERFORM, 10 have recommended that investors HOLD, 0 are considering it an UNDERPERFORM and 0 have recommended that owners of these shares SELL.

A month ago, 0 analysts thought this stock was a BUY, 1 of them posted an OUTPERFORM rating, 10 analysts recommended to HOLD this stock, 0 of them provided an underperform rating and 0 rated it as a Sell.

For IDTI stock, the reported Earnings Per Share trailing twelve months is sitting at -3.10%. Meanwhile, operating margin is currently observed to be 16.40% and its Gross Margin trailing twelve months is 59.10%.

Technical analysis

This company’s 100-day moving average was 46.14, while its price change was posted at +12.48. Similarly, Integrated Device Technology, Inc. (NASDAQ:IDTI) experienced a 100-day Percent movement of +34.71% with a trading volume reaching 3,032,245.

Continuing to look at similarly important data, this stock’s distance from its 200-day Simple Moving Average, or SMA 200, is 23.03% at the time of writing. This organization’s revenue over the trailing twelve months (TTM) of active operations is 905.70M, considering the fact that it was able to rack up the income of $132.90M through that period of time.

We can also divide a company’s present total liabilities by its current stockholders’ equity, which gives us its Total Debt to Equity Ratio (D/E Ratio, as it’s often called), which is a reliable tactic for determining a company’s financial strength. This metric just illustrates how much debt an organization is using to support its assets in relation to how much its shareholder’s equity is worth. IDTI’s Total Dept/Eq ratio is sitting at 0.77 at the time of writing, while its long-term Dept/Eq ratio is 0.77

While maintaining our attention on the Technical analysis of Integrated Device Technology, Inc. (NASDAQ:IDTI), during the last 50 days, its Raw Stochastic average was observed 89.07%, representing a downgrade from this organization’s 20-day Raw Stochastic average – which was posted 96.25%. During the last 20-days time span, this firm’s Stochastic %K was 77.24% and its Stochastic %D was noted 63.26%.

As we glance into the recent price performance of shares of Integrated Device Technology, Inc. (NASDAQ:IDTI), we can observe multiple moving trends. This particular stock’s current year-to-date (YTD) price performance is standing at 0.00%. Meanwhile, during the past six months of trading, this stock has improved to 42.19%, along with a full-year performance of 53.84%. This company’s shares increased nearly 11.84% during the last 7-day stretch and fell 0.08% over the last 30 days.