Microsemi Corporation (MSCC) : Traders are bullish on Microsemi Corporation (MSCC) as it has outperformed the S&P 500 by a wide margin of 16.22% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.48%, 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 1.53% in the last 1 week, and is up 17.41% 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 7.66% and the 50-Day Moving Average is 14.75%. Microsemi Corporation (NASDAQ:MSCC): stock turned positive on Friday. Though the stock opened at $39.65, the bulls momentum made the stock top out at $39.94 level for the day. The stock recorded a low of $39.57 and closed the trading day at $39.78, in the green by 0.10%. The total traded volume for the day was 637,731. The stock had closed at $39.74 in the previous days trading.
The company Insiders own 0.5% of Microsemi Corporation shares according to the proxy statements. Institutional Investors own 90.72% of Microsemi Corporation shares. During last six month period, the net percent change held by insiders has seen a change of 7.57%.
Microsemi Corporation (Microsemi) is a designer, manufacturer and marketer of high-performance analog and mixed-signal semiconductor solutions. Microsemis products include high-performance and radiation-hardened analog mixed-signal integrated circuits (ICs), field programmable gate arrays (FPGAs), system on chip solutions (SoCs) and application-specific integrated circuits (ASICs); power management products; timing and synchronization devices and precise time solutions; voice processing devices; radio frequency (RF) solutions; discrete components; security technologies and scalable anti-tamper products; Power-over-Ethernet (PoE) ICs and midspans. The principal end markets that its serves include aerospace, communications, defense and security, and industrial. Its products are found in various applications, such as communications infrastructure systems; military and commercial satellites and aircrafts, oil field equipment, and airport security systems.