Micrel Reaches New 12-Month High at $11.97 (MCRL)
Micrel (NASDAQ:MCRL)’s share price reached a new 52-week high on Monday , Analyst Ratings News reports. The company traded as high as $11.97 and last traded at $11.94, with a volume of 252,318 shares traded. The stock had previously closed at $11.65.
The stock’s 50-day moving average is $11.07 and its 200-day moving average is $10.67. The company has a market cap of $675.3 million and a price-to-earnings ratio of 50.65.
Micrel (NASDAQ:MCRL) last announced its earnings results on Thursday, July 24th. The company reported $0.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.02. The company had revenue of $62.34 million for the quarter, compared to the consensus estimate of $63.45 million. During the same quarter in the previous year, the company posted $0.10 earnings per share. The company’s revenue for the quarter was up 5.4% on a year-over-year basis. Analysts expect that Micrel will post $0.30 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Thursday, August 28th. Shareholders of record on Thursday, August 14th will be paid a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 1.72%. The ex-dividend date is Tuesday, August 12th.
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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