Supertex Inc. Reaches New 12-Month High at $27.39 (SUPX)
Supertex (NASDAQ:SUPX)’s share price reached a new 52-week high during mid-day trading on Tuesday, AnalystRatings.Net reports. The stock traded as high as $27.39 and last traded at $26.13, with a volume of 44,257 shares traded. The stock had previously closed at $26.72.
SUPX has been the subject of a number of recent research reports. Analysts at Zacks upgraded shares of Supertex from a “neutral” rating to an “outperform” rating in a research note to investors on Monday. They now have a $29.10 price target on the stock.
Supertex has a 52-week low of $15.74 and a 52-week high of $27.20. The stock has a 50-day moving average of $25.01 and a 200-day moving average of $23.02. The company has a market cap of $303.7 million and a price-to-earnings ratio of 36.45.
Supertex (NASDAQ:SUPX) last issued its quarterly earnings data on Tuesday, October 22nd. The company reported $0.30 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.18 by $0.12. The company had revenue of $17.70 million for the quarter, compared to the consensus estimate of $17.17 million. During the same quarter last year, the company posted $0.12 earnings per share. Supertex’s revenue was up 11.3% compared to the same quarter last year. Analysts expect that Supertex will post $0.79 EPS for the current fiscal year.
Supertex, Inc (NASDAQ:SUPX) is a producer of high voltage analog and mixed signal semiconductor components.
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