Power Integrations Inc. (POWI) Soars 5.12%

Power Integrations Inc. (POWI) Soars 5.12%

Power Integrations Inc. is a Power Integrations Inc is a provider of analog and mixed-signal semiconductor solutions to original equipment manufacturers and distributors.

Power Integrations Inc. (POWI) had a good day on the market for Tuesday February 02 as shares jumped 5.12% to close at $88.90. About 933,333 shares traded hands on 11,359 trades for the day, compared with an average daily volume of n/a shares out of a total float of 59.86 million. After opening the trading day at $86.60, shares of Power Integrations Inc. stayed within a range of $89.44 to $84.70.

With today’s gains, Power Integrations Inc. now has a market cap of $5.32 billion. Shares of Power Integrations Inc. have been trading within a range of $99.06 and $38.57 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Power Integrations Inc is a provider of analog and mixed-signal semiconductor solutions to original equipment manufacturers and distributors. These solutions are found in mobile phones, computers, entertainment and networking equipment, appliances, industrial controls, and light-emitting diodes. The firm’s portfolio of products includes power-conversion products, insulated-gate bipolar transistors, and switches. Roughly half of the firm’s revenue is generated in China and Hong Kong, and the rest comes from Taiwan, Korea, Europe, Japan, the United States, and other countries across the world.

Power Integrations Inc. is based out of San Jose, CA and has some 699 employees. Its CEO is Balu Balakrishnan.

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