PLX Technology Inc. Reaches New 12-Month High at $6.85 (PLXT)
PLX Technology (NASDAQ:PLXT)’s share price reached a new 52-week high during trading on Thursday, Analyst Ratings Network reports. The stock traded as high as $6.85 and last traded at $6.83, with a volume of 350,738 shares traded. The stock had previously closed at $6.57.
PLX Technology has a 1-year low of $4.22 and a 1-year high of $6.85. The stock’s 50-day moving average is $6.52 and its 200-day moving average is $5.9. The company has a market cap of $312.1 million and a P/E ratio of 54.30.
PLX Technology (NASDAQ:PLXT) last released its earnings data on Monday, October 21st. The company reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by $0.03. The company had revenue of $25.70 million for the quarter, compared to the consensus estimate of $26.82 million. During the same quarter in the previous year, the company posted $0.01 earnings per share. The company’s revenue for the quarter was down 4.5% on a year-over-year basis. Analysts expect that PLX Technology will post $0.26 EPS for the current fiscal year.
PLX Technology, Inc (NASDAQ:PLXT) is engaged in designing, developing, manufacturing, and selling integrated circuits that perform critical system connectivity functions.
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