Micrel Hits New 12-Month High at $12.29 (MCRL)
Micrel (NASDAQ:MCRL)’s share price hit a new 52-week high on Thursday , AmericanBankingNews.com reports. The company traded as high as $12.29 and last traded at $12.15, with a volume of 222,494 shares traded. The stock had previously closed at $12.12.
The stock has a 50-day moving average of $11.18 and a 200-day moving average of $10.78. The company has a market cap of $688.6 million and a price-to-earnings ratio of 52.70.
Micrel (NASDAQ:MCRL) last issued its quarterly earnings data on Thursday, July 24th. The company reported $0.09 earnings per share for the quarter, beating the analysts’ 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 last year, the company posted $0.10 earnings per share. Micrel’s revenue was up 5.4% compared to the same quarter last year. On average, analysts predict that Micrel will post $0.30 earnings per share 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 1.65%. 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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