Supertex Inc. Sets New 1-Year High at $27.69 (SUPX)
Supertex (NASDAQ:SUPX) set a new 52-week high on Wednesday, American Banking and Market News reports. The company traded as high as $27.69 and last traded at $26.56, with a volume of 25,787 shares. The stock had previously closed at $26.61.
A number of research firms have recently commented on SUPX. Analysts at Zacks downgraded shares of Supertex from an “outperform” rating to a “neutral” rating in a research note to investors on Tuesday, December 24th. They now have a $29.10 price target on the stock. Separately, analysts at TheStreet downgraded shares of Supertex to a “hold” rating in a research note to investors on Monday, December 16th.
Supertex has a 52 week low of $18.20 and a 52 week high of $27.69. The stock has a 50-day moving average of $25.02 and a 200-day moving average of $24.93. The company has a market cap of $306.1 million and a price-to-earnings ratio of 36.30.
Supertex (NASDAQ:SUPX) last released its earnings data on Tuesday, January 21st. The company reported $0.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.03. The company had revenue of $17.40 million for the quarter, compared to the consensus estimate of $17.57 million. During the same quarter in the previous year, the company posted $0.18 earnings per share. The company’s revenue for the quarter was up 20.8% on a year-over-year basis. On average, analysts predict that Supertex will post $0.84 earnings per share for the current fiscal year.
Supertex, Inc (NASDAQ:SUPX) is a producer of high voltage analog and mixed signal semiconductor components.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.