Analog Devices (ADI) : During the past 4 weeks, traders have been relatively bearish on Analog Devices (ADI), hence the stock is down -1.16% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.19% relative to the S&P 500. The 4-week change in the price of the stock is -1.36% and the stock has fallen -1.84% in the past 1 week.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 0.7% and the fifty day Moving Average is 4.82%. Analog Devices, Inc. is up 8.45% in the last three month period. Year-to-Date the stock performance stands at 16.35%.
Analog Devices (ADI) : 16 Wall Street analysts covering Analog Devices (ADI) believe that the average level the stock could reach for the short term is $75.63. The maximum price target given is $90 and the minimum target for short term is around $64, hence the standard deviation is calculated at $7.42.
Analog Devices (NASDAQ:ADI): stock turned positive on Friday. Though the stock opened at $63, the bulls momentum made the stock top out at $63.53 level for the day. The stock recorded a low of $62.57 and closed the trading day at $62.96, in the green by 0.38%. The total traded volume for the day was 2,144,860. The stock had closed at $62.72 in the previous days trading.
Analog Devices, Inc. is engaged in the design, manufacture and marketing of high-performance analog, mixed-signal and digital signal processing integrated circuits (ICs). The Company is focused on solving the engineering challenges associated with signal processing in electronic equipment. The Companys produces a wide range of products including data converters, amplifiers and linear products, radio frequency (RF) ICs, power management products, sensors based on micro-electro mechanical systems (MEMS) technology and other sensors, and processing products, including DSP and other processors that are designed to meet the needs of a broad base of customers. The Company focuses on strategic markets where its signal processing technology is often a critical differentiator in its customers products, in the industrial, automotive, consumer and communications markets.