Semtech Corporation (SMTC) Soars 2.21%

Semtech Corporation (SMTC) Soars 2.21%

Semtech Corporation is a Semtech Corp provides analog and mixed-signal semiconductor products to original equipment manufacturers and distributors.

Semtech Corporation (SMTC) had a good day on the market for Thursday December 03 as shares jumped 2.21% to close at $69.40. About 773,553 shares traded hands on 10,937 trades for the day, compared with an average daily volume of n/a shares out of a total float of 65.16 million. After opening the trading day at $68.09, shares of Semtech Corporation stayed within a range of $69.96 to $66.37.

With today’s gains, Semtech Corporation now has a market cap of $4.52 billion. Shares of Semtech Corporation have been trading within a range of $70.08 and $26.04 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Semtech Corp provides analog and mixed-signal semiconductor products to original equipment manufacturers and distributors. These products are found in enterprise computing, communications, high-end consumer, industrial, and other end markets. The firm’s products are organized into three groups: signal integrity, which includes broadcast video products; protection, which includes products to protect electronic systems from voltage spikes; and wireless and sensing, which includes radio frequency products. A majority of the firm’s revenue is generated in Asia-Pacific, with the rest coming from Europe and North America.

Semtech Corporation is based out of Camarillo, CA and has some 1,388 employees. Its CEO is Mohan R. Maheswaran.

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