Micrel Reaches New 1-Year High at $11.68 (MCRL)
Shares of Micrel (NASDAQ:MCRL) hit a new 52-week high during mid-day trading on Friday , American Banking & Market News reports. The stock traded as high as $11.68 and last traded at $11.68, with a volume of 137,200 shares changing hands. The stock had previously closed at $11.47.
The stock’s 50-day moving average is $10.97 and its 200-day moving average is $10.48. The company has a market cap of $659.6 million and a P/E ratio of 45.88.
Micrel (NASDAQ:MCRL) last posted its quarterly earnings results on Thursday, April 24th. The company reported $0.07 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.06 by $0.01. The company had revenue of $59.90 million for the quarter, compared to the consensus estimate of $60.70 million. During the same quarter last year, the company posted $0.11 earnings per share. Micrel’s revenue was up .3% compared to the same quarter last year. Analysts expect that Micrel will post $0.32 EPS for the current fiscal year.
Micrel, Incorporated (NASDAQ:MCRL) designs, develops, manufactures and markets a range of analog power integrated circuits (ICs), mixed-signal ICs and digital ICs.
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