NXP Semiconductors N.V. (NASDAQ:NXPI) has tumbled 3.86% during the past week and has dropped 3.81% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 2.7%. NXP Semiconductors N.V. (NASDAQ:NXPI) has underperformed the index by 4.69% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
NXP Semiconductors N.V. (NASDAQ:NXPI): The stock opened at $86.23 on Friday but the bulls could not build on the opening and the stock topped out at $86.23 for the day. The stock traded down to $84.15 during the day, due to lack of any buying support eventually closed down at $85.02 with a loss of -1.29% for the day. The stock had closed at $86.13 on the previous day. The total traded volume was 3,920,970 shares.
The company shares have dropped -18.72% from its 1 Year high price. On Jun 22, 2015, the shares registered one year high at $106.44 and the one year low was seen on Feb 9, 2016. The 50-Day Moving Average price is $87.95 and the 200 Day Moving Average price is recorded at $81.23.
Many analysts have stated their opinion on the company shares. CLSA initiates coverage on NXP Semiconductors N.V. (NASDAQ:NXPI). The rating major has initiated the coverage with buy rating on the shares. The Analysts at CLSA announces a current price target of $105 per share. The rating by the firm was issued on May 17, 2016. Institutional Investors own 79.63% of NXP Semiconductors N.V. shares.
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.