InvenSense (INVN) has risen sharply, recording gains of 7.08% in the past 4 weeks. However, the stock has corrected -7.87% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 7.3% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 0.49% and the fifty day Moving Average is 8.73%. InvenSense, Inc. is up 19.6% in the last three month period. Year-to-Date the stock performance stands at -29.03%.
InvenSense (INVN) : The highest short term price target forecast on InvenSense (INVN) is $10 and the lowest target price is $7. A total of 7 equity analysts are currently covering the company. The average price of all the analysts is $8.07 with a standard deviation of $1.3.
InvenSense (NYSE:INVN): On Fridays trading session , Opening price of the stock was $7.4 with an intraday high of $7.44. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $7.16. However, the stock managed to close at $7.26, a loss of 1.63% for the day. On the previous day, the stock had closed at $7.38. The total traded volume of the day was 1,381,808 shares.
InvenSense, Inc. (InvenSense) is engaged in designing, developing, manufacturing and marketing devices and related software for sensor system-on-chip (SoC) for the motion and sound markets. The Company designs, develops, markets and sells sensor SoCs, including accelerometers, gyroscopes and microphones for the mobile, wearable, smart home, gaming, industrial and automotive market segments. The Companys motion solutions detect and track an objects motion in three-dimensional space. It assimilates information from gyroscopes, accelerometers, magnetometers, pressure sensors and microphones to determine how a host device is moving, its direction, its elevation and what it is hearing. The Companys sensor SoC devices consist of various fundamental components, such as its micro-electro-mechanical-systems (MEMS)-based motion sensors combined with its mixed-signal circuitry for signal processing; its MotionFusion technology, and the MotionApps platform.