Intersil Corporation (ISIL) : Traders are bullish on Intersil Corporation (ISIL) as it has outperformed the S&P 500 by a wide margin of 9.59% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 7.6%, 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 7.53% in the last 1 week, and is up 13.27% 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 8.04% and the 50-Day Moving Average is 11.12%. Intersil Corporation is up 32.03% in the last 3-month period. Year-to-Date the stock performance stands at 22.18%.
Intersil Corporation (NASDAQ:ISIL): stock turned positive on Friday. Though the stock opened at $15.35, the bulls momentum made the stock top out at $15.53 level for the day. The stock recorded a low of $15.13 and closed the trading day at $15.28, in the green by 1.26%. The total traded volume for the day was 1,344,871. The stock had closed at $15.09 in the previous days trading.
Intersil Corporation is engaged in designing and developing power management and precision analog integrated circuits (IC). The Company caters to infrastructure, industrial, automotive, consumer, instrumentation and measurement, light emitting diode (LED) lighting, medical, military, networking and communications, security and surveillance, radiation hardened, video and computing markets. It supplies a range of power IC solutions for battery management, processor power management and display power management, including power regulators, converters and controllers, as well as integrated power modules. The Company also provides precision analog components. The Companys product groups are power management, amplifiers and buffers, audio and video, data converters, end market specific, interface, optoelectronics, space and harsh environment, switches/multiplexers (MUXes)/crosspoints, timing and digital, and other analog.