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 4.32% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.76%, 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 2.73% in the last 1 week, and is up 4.72% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
NXP Semiconductors NV has dropped 0.01% during the last 3-month period . Year-to-Date the stock performance stands at 4.9%. The stock has recorded a 20-day Moving Average of 3.17% and the 50-Day Moving Average is 5.87%.
NXP Semiconductors N.V. (NASDAQ:NXPI): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $87.58 and $87.57 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $89.04. The buying momentum continued till the end and the stock did not give up its gains. It closed at $88.38, notching a gain of 0.89% for the day. The total traded volume was 2,533,677 . The stock had closed at $87.60 on the previous day.
Also, Baird initiates coverage on NXP Semiconductors N.V. (NASDAQ:NXPI) The current rating of the shares is Outperform. 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.