Company Shares of FormFactor (NASDAQ:FORM) Rally 6.58%

FormFactor (NASDAQ:FORM) : Traders are bullish on FormFactor (NASDAQ:FORM) as it has outperformed the S&P 500 by a wide margin of 21.43% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 5.24%, 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 6.58% in the last 1 week, and is up 23.39% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The company shares have rallied 10.66% from its 1 Year high price. On Jul 8, 2016, the shares registered one year high at $9.58 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $8.10 and the 200 Day Moving Average price is recorded at $7.69.

The stock has recorded a 20-day Moving Average of 11.91% and the 50-Day Moving Average is 23.68%.


FormFactor (NASDAQ:FORM): stock turned positive on Friday. Though the stock opened at $9.22, the bulls momentum made the stock top out at $9.58 level for the day. The stock recorded a low of $9.12 and closed the trading day at $9.55, in the green by 4.83%. The total traded volume for the day was 864,888. The stock had closed at $9.11 in the previous days trading.

In an insider trading activity,The director officer (CEO) of Formfactor Inc, Slessor Mike sold 3,401 shares at $7.33 on May 31, 2016. The Insider selling transaction had a total value worth of $24,929. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

FormFactor, Inc. designs, develops, manufactures, sells and supports semiconductor probe card products. The Company is the supplier of probe cards to manufacturers of DRAM, Flash and SoCs products across the world. Semiconductor manufacturers use its probe cards to perform wafer test (also known as wafer sort), which is the testing of the semiconductor die, or chips. Its products are based on its technologies, including its micro-electromechanical systems (MEMS) technologies, its automation systems, its various product architectures and its design tools. The applications of these products include customer collaboration, consumer integrated circuits (ICs), mobile ICs, automative ICs, computing ICs and publications. The Company operates under the brands FormFactor, the FormFactor logo, Apollo, ATRE, DC-Boost, Matrix, MicroProbe, the MicroProbe logo, MicroSpring, Mx-FinePitch, OneTouch, QiLin, RapidSoak, SmartMatrix, SMART Matrix 100, TouchMatrix, Takumi and TrueScale Lite, among others.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.