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Technical Research on Semiconductor Equities -- Amkor Technology, Marvell Technology, Microsemi, and Skyworks Solutions
[November 22, 2017]

Technical Research on Semiconductor Equities -- Amkor Technology, Marvell Technology, Microsemi, and Skyworks Solutions


NEW YORK, Nov. 22, 2017 /PRNewswire/ --

If you want a Stock Review on AMKR, MRVL, MSCC, or SWKS then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. Research coverage has been initiated by DailyStockTracker.com on Amkor Technology Inc. (NASDAQ: AMKR), Marvell Technology Group Ltd (NASDAQ: MRVL), Microsemi Corp. (NASDAQ: MSCC), and Skyworks Solutions Inc. (NASDAQ: SWKS). Semiconductor Integrated Circuits companies design, manufacture, and sell processors for industrial use as well as parts for consumer and business devices. They tend to offer below-average dividend yields. Take a look at the free research reports issued today on DailyStockTracker.com for these stocks by signing up at: http://dailystocktracker.com/register/

Amkor Technology

On Tuesday, shares in Tempe, Arizona headquartered Amkor Technology Inc. recorded a trading volume of 643,811 shares. The stock ended the day at $11.28, climbing 2.08% from the last trading session. The Company's shares have advanced 7.12% in the past month, 30.25% in the previous three months, and 6.92% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 6.46% and 7.11%, respectively. Furthermore, shares of Amkor Technology, which provides outsourced semiconductor packaging and test services in the US and internationally, have a Relative Strength Index (RSI) of 59.70.

On October 30th, 2017, Amkor Technology announced its financial results for Q3 ended September 30th, 2017. Net sales for the quarter were $1.14 billion, gross margin was 19.1%, and net income was $54 million. EBITDA for Q3 2017 was $243 million, net cash provided by operating activities was $214 million, and free cash flow was $74 million. Cash and cash equivalents were $519 million and total debt was $1.4 billion at September 30th, 2017. Sign up and read the free research report on AMKR at: http://dailystocktracker.com/registration/?symbol=AMKR

Marvell Technology Group

Hamilton, Bermuda headquartered Marvell Technology Group Ltd's stock jumped 7.83%, finishing yesterday's session at $23.28. A total volume of 35.68 million shares was traded, which was above their three months average volume of 6.83 million shares. The Company's shares have surged 26.04% in the last month, 46.51% over the previous three months, and 67.84% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 24.53% and 38.82%, respectively. Additionally, shares of Marvell Technology have an RSI of 92.25.

On November 20th, 2017, Marvell Technology (MRVL) and Cavium, Inc. (CAVM) announced a definitive agreement, unanimously approved by both companies' Boards of Directors, under which the former will acquire all outstanding shares of CAVM's common stock in exchange for consideration of $40.00 per share in cash and 2.1757 Marvell's common shares for each Cavium share. Upon completion of the transaction, MRVL will become a leader in infrastructure solutions, with approximately $3.4 billion in annual revenue.

On November 21st, 2017, research firm Jefferies upgraded the Company's stock rating from 'Hold' to 'Buy'. The complimentary research report on MRVL can be downloaded at: http://dailystocktracker.com/registration/?symbol=MRVL



Microsemi

Shares in California headquartered Microsemi Corp. ended the session 2.56% higher at $55.22. The stock recorded a trading volume of 749,102 shares, which was above its three months average volume of 692,340 shares. The Company's shares have gained 6.11% in the last one month, 12.99% over the previous three months, and 2.32% on an YTD basis. The stock is trading 6.34% above its 50-day moving average and 8.82% above its 200-day moving average. Moreover, shares of Microsemi have an RSI of 68.38.


On November 01st, 2017, Microsemi announced the production release of its new Smart Storage SAS/SATA adapters. The addition of these advanced Smart Storage adapters advances the Company's Smart Storage offering for SAS/SATA server storage in data centers with full board-level solutions as well as silicon plus software for custom embedded solutions. Register for free on DailyStockTracker.com and access the latest report on MSCC at: http://dailystocktracker.com/registration/?symbol=MSCC

Skyworks Solutions

At the closing bell on Tuesday, Woburn, Massachusetts headquartered Skyworks Solutions Inc.'s stock rose 0.42%, finishing at $110.25. A total volume of 1.64 million shares was traded. The Company's shares have gained 5.23% in the last month, 7.34% over the previous three months, and 47.67% on an YTD basis. The stock is trading 3.15% and 7.43% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Skyworks Solutions have an RSI of 54.43.

On October 30th, 2017, Skyworks Solutions introduced a new family of highly integrated wireless networking solutions for mobile and Internet of Things ecosystems. The new SkyOne® WiFi suite combines the Company's industry-leading integration expertise and advanced 802.11ac technology to provide customers with a comprehensive front-end module in a single placement, compact footprint.

On November 07th, 2017, research firm Needham reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $110 a share to $120 a share. Get free access to your research report on SWKS at: http://dailystocktracker.com/registration/?symbol=SWKS

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