Alpha and Omega Semiconductor Limited (AOSL) : Traders are bullish on Alpha and Omega Semiconductor Limited (AOSL) as it has outperformed the S&P 500 by a wide margin of 37.31% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 35.59%, 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 35.66% in the last 1 week, and is up 38.73% 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 33.71% and the 50-Day Moving Average is 37.5%. Alpha and Omega Semiconductor Limited (NASDAQ:AOSL): stock turned positive on Friday. Though the stock opened at $18.78, the bulls momentum made the stock top out at $19.7099 level for the day. The stock recorded a low of $18.78 and closed the trading day at $19.63, in the green by 3.10%. The total traded volume for the day was 638,216. The stock had closed at $19.04 in the previous days trading.
The company Insiders own 23.7% of Alpha and Omega Semiconductor Limited shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -10.44% . Institutional Investors own 65.96% of Alpha and Omega Semiconductor Limited shares. During last six month period, the net percent change held by insiders has seen a change of -12.22%. Also, B. Riley upgrades its rating on Alpha and Omega Semiconductor Limited (NASDAQ:AOSL). Analysts at the B. Riley have a current rating of Buy on the shares. The shares were previously rated Neutral. The rating by the firm was issued on August 11, 2016.
Alpha and Omega Semiconductor Limited is a designer, developer and global supplier of power semiconductors. The Companys portfolio of products targets high-volume applications, including personal computers, flat panel televisions (TVs), light-emitting diode (LED) lighting, smart phones, battery packs, consumer and industrial motor controls and power supplies for TVs, computers, servers and telecommunications equipment. The Companys product portfolio consists of two categories: power discretes and power integrated circuits (ICs). Its power discretes products consist primarily of low, medium and high voltage power metal-oxide-semiconductor field-effect transistors (MOSFETs). Its product categories include direct current (DC) – alternating current (AC) conversion, AC-DC conversion, load switching, motor control, battery protection, power factor correction, DC-DC buck conversion, DC-DC boost conversion, smart load switching, transient voltage protection and analog switch.