NEW YORK, August 2, 2017 /PRNewswire/ --
If you want a Stock Review on SMTC, TSEM, MXL or SQNS then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. This morning, DailyStockTracker.com has lined up for evaluation four Semiconductor Integrated Circuits equities, namely: Semtech Corp. (NASDAQ: SMTC), Tower Semiconductor Ltd (NASDAQ: TSEM), MaxLinear Inc. (NYSE: MXL), and Sequans Communications S.A. (NYSE: SQNS). According to a report on The Fly, Wells Fargo analyst David Wong downgraded the Semiconductor sector to "Market
Weight" from "Overweight." Recent earnings reports from chip companies suggest that year-over-year growth will likely plateau or, perhaps, even decelerate over the next few months. Wong tells investors in a research note that he believes many chip stocks now have "elevated multiples" off calendar 2018 earnings estimates. Sign up today on DailyStockTracker.com and download our free research reports on these featured stocks at:
Camarillo, California headquartered Semtech Corp.'s stock finished Tuesday's session 1.52% higher at $40.20 with a total trading volume of 170,725 shares. The Company's shares have advanced 12.45% in the past month, 17.03% in the previous three months, and 27.42% since the start of this year. The stock is trading 9.00% above its 50-day moving average and 21.92% above its 200-day moving average. Additionally, shares of Semtech, which designs, develops, manufactures, and markets analog and mixed-signal semiconductor products, have a Relative Strength Index (RSI) of 65.27.
On July 25th, 2017, Semtech announced the availability of a new member of its RClamp® platform, a low capacitance 3.3V transient voltage protection array optimized to safeguard high-speed data signals from electrostatic discharge (ESD) threats. Products belonging to the RClamp platform feature ultra-low capacitance with industry-leading surge handling and ESD-protection characteristics. This new device, the RClamp3321P, offers best-in-class ESD clamping voltage performance while minimizing capacitance loading (0.35pF) on the data lines it protects. SMTC complete research report is just a click away at:
On Tuesday, shares in Migdal Haemek, Israel headquartered Tower Semiconductor Ltd recorded a trading volume of 409,268 shares. The stock ended the session 0.42% higher at $26.26. The Company's shares have advanced 10.10% in the last one month, 23.52% in the previous three months, and 37.99% on an YTD basis. The stock is trading 4.13% above its 50-day moving average and 21.47% above its 200-day moving average. Moreover, shares of Tower Semiconductor, which manufactures and markets analog intensive mixed-signal semiconductor devices in the US, Asia, and Europe, have an RSI of 53.26.
On July 05th, 2017, Tower Semiconductor, which operates under the brand name TowerJazz, announced that it will issue its Q2 2017 earnings release on August 03rd, 2017. The Company will hold a conference call on the same day at 10:00 a.m. ET to discuss Q2 2017 financial results and Q3 2017 guidance. The complimentary report on TSEM can be downloaded at:
Carlsbad, California headquartered MaxLinear Inc.'s shares closed the day 1.11% higher at $26.49. The stock recorded a trading volume of 421,138 shares. The Company's shares have gained 21.51% on an YTD basis. The stock is trading 3.66% above its 200-day moving average. Additionally, shares of MaxLinear, which provides radio-frequency and mixed-signal circuits for broadband communications, data center, metro, and long-haul transport network applications worldwide, have an RSI of 38.97.
On July 13th, 2017, MaxLinear announced that the Company will release its financial results for Q2 2017 after the close of the market on August 08th, 2017. The Company will host a corresponding conference call at 4:30 p.m. ET on the same day. CEO Kishore Seendripu, Ph.D. and CFO Adam Spice will be hosting the call.
On July 17th, 2017, research firm Needham reiterated its 'Buy' rating on the Company's stock with a decrease of the target price from $34 a share to $32 a share. Sign up for your complimentary report on MXL at:
Shares in Paris, France headquartered Sequans Communications S.A. finished 18.21% lower at $3.01. The stock recorded a trading volume of 1.82 million shares, which was higher than its three months average volume of 576,290 shares. The Company's shares have surged 60.96% on an YTD basis. The stock is trading above its 200-day moving average by 6.54%. Furthermore, shares of Sequans Communications, which together with its subsidiaries, engages in fabless designing, developing, and supplying 4G LTE semiconductor solutions for wireless broadband applications, have an RSI of 33.19.
On August 01st, 2017, Sequans Communications announced financial results for Q2 ended June 30th, 2017. Revenue for Q2 2017 was $13.2 million, gross margin was 42.1%, operating loss was $4.1 million, and net loss was $6.0 million. Cash, cash equivalents, and short-term deposit at June 30th, 2017, totaled $19.5 million, and does not reflect the net proceeds of approximately $3 million from government grants and research tax credit expected to be received in Q3 2017. Download the research report for free on SQNS at:
Daily Stock Tracker:
Daily Stock Tracker (DST) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. DST has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
DST has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email email@example.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently
reviewed the information provided by the Author according to the procedures outlined by DST. DST is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
DST, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. DST, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, DST, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither DST nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Phone number: (207)331-3313
Office Address: 377 Rivonia Boulevard, Rivonia, South Africa
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA