Why Will Spark The Next Run With Semtech Corporation (SMTC) Shares?

Semtech Corporation (SMTC) has seen some recent action in the marketplace and its common shares closed at $55.47 yesterday. Traders are starting to take notice of SMTC as the common shares traded as high as $56.32 and as low as $54.98 in the last trading day.

Semtech Corporation (SMTC) average trading volume is 456.81K. However, in the last trading day Semtech Corporation (SMTC) exchanged 216,748 shares. The First support level on SMTC is $54.32 and the First resistance level on SMTC is $64.06. SMTC 50 day moving average is $54.98 and SMTC 200-day moving average is $52.77.

Semtech Corporation (SMTC) current performance has been specified by the recent movement in SMTC common shares. SMTC has performed 4.29% over the past 30 days, SMTC has performed 1.85% over the past quarter and SMTC has shown 8.51% over the past year. Semtech Corporation (SMTC) has a 12 month range of $26.03 to $64.10. Semtech Corporation (SMTC) is trading 113.10% from its 12 month low and -13.46% from its 12 month high. Semtech Corporation (SMTC) is showing a 2.18% short float showing the sum short in the float.

SMTC has 65.08M shares outstanding and 64.23M shares in the float. Semtech Corporation (SMTC) presently has a market cap of $3.61B and income of 39.00M. The EPS next quarter for SMTC is 0.46 and projected EPS next year is 25.39%. The market cap of Semtech Corporation (SMTC) at $3.61B represents how many Traders own shares of SMTC and is calculated off the last price ($55.47) of SMTC and the sum of shares outstanding (65.08M) with Semtech Corporation (SMTC).

Semtech Corporation (SMTC) has total cash (mrq) of 290.87M, total cash per share (mrq) of 4.46, total debt of SMTC is at 206.82M and total debt/equity (mrq) is 30.52. . Semtech Corporation (SMTC) operational cash flow (ttm) is 141.82M, SMTC leveraged free cash flow (ttm) is 111.01M.

SMTC is trading -0.78% below (bearish) its SMA20, -2.09% below (bearish) its SMA50 and 11.04% above (bullish) its SMA200.

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