Analog Devices Inc. is a Analog Devices is a leading analog, mixed signal, and digital signal processing chipmaker.
Among the biggest risers on the S&P 500 on Wednesday March 31 was Analog Devices Inc. ($ADI), popping some 1.62% to a price of $155.08 a share with some 3.44 million shares trading hands.
Starting the day trading at $154.22, Analog Devices Inc. reached an intraday high of $156.11 and hit intraday lows of $153.61. Shares gained $2.47 apiece by day’s end. Over the last 90 days, the stock’s average daily volume has been n/a of its 369.4 million share total float. Today’s action puts the stock’s 50-day SMA at $n/a and 200-day SMA at $n/a with a 52-week range of $82.91 to $164.40.
Analog Devices is a leading analog, mixed signal, and digital signal processing chipmaker. The firm has a significant market share lead in converter chips, which are used to translate analog signals to digital and vice versa. The company serves tens of thousands of customers, and more than half of its chip sales are made to industrial and automotive end markets. Analog Devices’ chips are also incorporated into wireless infrastructure equipment.
Analog Devices Inc. has its corporate headquarters located in Wilmington, MA and employs 15,900 people. Its market cap has now risen to $57.29 billion after today’s trading, its P/E ratio is now n/a, its P/S n/a, P/B 4.73, and P/FCF n/a.