MaxLinear Inc. (MXL) Soars 1.53%

MaxLinear Inc. (MXL) Soars 1.53%

MaxLinear Inc. is a MaxLinear Inc is a provider of radio frequency and mixed-signal integrated circuits for cable and satellite broadband communications, the connected home, and for data center, metro, and long-haul.

MaxLinear Inc. (MXL) had a good day on the market for Monday January 11 as shares jumped 1.53% to close at $37.82. About 632,593 shares traded hands on 6,854 trades for the day, compared with an average daily volume of n/a shares out of a total float of 74.17 million. After opening the trading day at $36.11, shares of MaxLinear Inc. stayed within a range of $38.08 to $35.94.

With today’s gains, MaxLinear Inc. now has a market cap of $2.81 billion. Shares of MaxLinear Inc. have been trading within a range of $38.71 and $7.79 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

MaxLinear Inc is a provider of radio frequency and mixed-signal integrated circuits for cable and satellite broadband communications, the connected home, and for data center, metro, and long-haul fiber networks. The company’s radio frequency receiver products capture and process digital and analog broadband signals to be decoded for various applications. MaxLinear’s product options include both radio frequency receivers and radio frequency receiver systems-on-chips. The company’s products enable the distribution and display of broadband video and data content in a wide range of electronic devices. Customers for MaxLinear include original equipment manufacturers, module makers, and original design manufacturers.

MaxLinear Inc. is based out of Carlsbad, CA and has some 697 employees. Its CEO is Kishore Seendripu.

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