Technology

Wall Street Analyst Rating Update: Garmin Ltd. (NASDAQ:GRMN), Inphi Corporation (NYSE:IPHI)

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Garmin Ltd. (NASDAQ:GRMN) went higher by +0.12% to close at $ 42.47. The company exchanged total volume of 749.12 thousand shares throughout course of last trade however it holds an average trading capacity of 915.71 thousand shares. Shares of company began trading at $42.43 climbed to high of $42.72 touched the low of $42.23.

The company is trading above its 50-day moving averages of 41.73 and up from 200-day moving averages of 39.17. The firm has price to book ratio of 2.33 and its price to sale ratio was 2.81.

Garmin International Inc., a unit of Garmin Ltd. (GRMN), reported the Oregon 700, 750 and 750t, an update to its popular series of touchscreen outdoor handhelds. Featuring high-sensitivity GPS and GLONASS support, the new Oregon 700 series has a redesigned GPS antenna for better reception and performance. All models feature a worldwide basemap with shaded relief, while the 750t adds preloaded TOPO U.S. 100K maps. The new 700 series boast the new Active Weather feature for up-to-date forecasts and animated weather radar, as well as Geocaching Live for wireless integration with Geocaching.com. All of the new Oregon 700 models include more connectivity features1 like smart notifications and automatic uploads, and will be compatible with the Garmin Connect IQ™ platform.

The average true range of Garmin Ltd.’s (GRMN) is recorded at 0.92 and the relative strength index of the stock stands 55.23. The stock price is going above to its 52 week low with 40.98% and lagging behind from its 52 week high with -4.15%. Analyst recommendation for this stock stands at 2.80. A look on the firm performance, its monthly performance is 0.44% and a quarterly performance of 7.45%. The stock price is trading upbeat from its 200 days moving average with 13.62% and up from 50 days moving average with 2.69%.

Brokerage Recommendations:

According to ZACKS data, different Brokerage Firms rated the stock about their BUY, SELL or HOLD recommendations. One week ago, shares have been suggested as “BUY” from “7” brokerage firms and recommended as “Strong Buy” by “1” brokerage firms. 1” brokerage firms have issued “Sell” rating for the company and “Strong Sell” rating was issued by “2.73” brokerage firms. “0” brokerage firms have rated the company as a “Hold”. The Corporation has average brokerage recommendation (ABR) of 0 based on consensus of the brokerage firms issuing ratings.

Inphi Corporation (NYSE:IPHI) dropped -1.53% and closed the trade at $ 31.54. The company recorded a trading capacity of 646.92 thousand shares below its three months average daily volume of 662.27 thousand shares. During the last trade, shares reached to high price of $32.20 and touched the low price of $31.06. The stock’s 50-day moving average is noted at $30.82 and its 200-day moving average is stands at $28.98.

Additionally, the company has EPS of -0.09. The company has market capitalization of $1.27B.

Inphi Corporation (NYSE: IPHI), a leading provider of high-speed, mixed-signal semiconductor solutions for the communications, data center and computing markets, recently reported a definitive contract to sell its memory product business to Rambus Inc. (NASDAQ: RMBS) for $90 million in cash inclusive of a 12.5 percent escrow. The sale is presently predictable to close in the first half of THIRD QUARTER, the firm stated.

 

Inphi Corporation’s (IPHI) has price-to-cash ratio of 3.94 and price to sale ratio of 5.09. The company net profit margin is -1.40% and gross profit margin is 63.30%. A look on the firm performance, its monthly performance is -2.35% and a quarterly performance of -7.24%. The stock price is moving up from its 20 days moving average with 0.15% and isolated positively from 50 days moving average with 2.83%.

Brokerage Recommendations:

According to ZACKS data, different Brokerage Firms rated the stock about their BUY, SELL or HOLD recommendations. One week ago, shares have been suggested as “BUY” from “0” brokerage firms and recommended as “Strong Buy” by “1” brokerage firms. 0” brokerage firms have issued “Sell” rating for the company and “Strong Sell” rating was issued by “1.04” brokerage firms. “0” brokerage firms have rated the company as a “Hold”. The Corporation has average brokerage recommendation (ABR) of 0 based on consensus of the brokerage firms issuing ratings.

 

 

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