Vishay Intertechnology (NYSE:VSH) Share Price Passes Above 200-Day Moving Average – Here’s Why

Vishay Intertechnology, Inc. (NYSE:VSH)’s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $15.51 and traded as high as $16.43. Vishay Intertechnology shares last traded at $16.1930, with a volume of 2,215,010 shares trading hands.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. Wall Street Zen raised Vishay Intertechnology from a “sell” rating to a “hold” rating in a research note on Saturday, September 13th. Weiss Ratings reissued a “sell (d)” rating on shares of Vishay Intertechnology in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Reduce”.

Vishay Intertechnology Trading Down 2.2%

The company has a market cap of $2.20 billion, a price-to-earnings ratio of -28.41 and a beta of 1.12. The company has a quick ratio of 1.60, a current ratio of 2.67 and a debt-to-equity ratio of 0.44. The business’s fifty day simple moving average is $14.63 and its two-hundred day simple moving average is $15.51.

Vishay Intertechnology (NYSE:VSH) last posted its quarterly earnings data on Wednesday, November 5th. The semiconductor company reported $0.04 earnings per share for the quarter, meeting the consensus estimate of $0.04. Vishay Intertechnology had a negative return on equity of 0.36% and a negative net margin of 2.56%.The business had revenue of $790.64 million during the quarter, compared to the consensus estimate of $779.81 million. During the same period in the prior year, the company earned $0.08 earnings per share. The company’s revenue was up 7.5% compared to the same quarter last year. On average, equities analysts predict that Vishay Intertechnology, Inc. will post 0.53 EPS for the current year.

Vishay Intertechnology Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 12th. Investors of record on Wednesday, December 3rd were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend was Wednesday, December 3rd. Vishay Intertechnology’s dividend payout ratio (DPR) is presently -70.18%.

Institutional Investors Weigh In On Vishay Intertechnology

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Jones Financial Companies Lllp increased its position in Vishay Intertechnology by 709.5% during the 3rd quarter. Jones Financial Companies Lllp now owns 1,797 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 1,575 shares in the last quarter. Quarry LP acquired a new stake in shares of Vishay Intertechnology during the 3rd quarter worth about $39,000. CWM LLC boosted its stake in shares of Vishay Intertechnology by 63.4% during the 2nd quarter. CWM LLC now owns 5,674 shares of the semiconductor company’s stock worth $90,000 after purchasing an additional 2,201 shares during the last quarter. AlphaQuest LLC grew its holdings in shares of Vishay Intertechnology by 135.6% during the second quarter. AlphaQuest LLC now owns 5,789 shares of the semiconductor company’s stock worth $92,000 after buying an additional 3,332 shares in the last quarter. Finally, Hennessy Advisors Inc. acquired a new stake in Vishay Intertechnology during the second quarter worth approximately $130,000. Hedge funds and other institutional investors own 93.66% of the company’s stock.

About Vishay Intertechnology

Vishay Intertechnology, Inc is a global manufacturer of discrete semiconductors and passive electronic components, serving a wide range of industries including industrial, automotive, computing, consumer electronics, telecommunications, medical, and military/aerospace markets. The company’s portfolio encompasses resistors, capacitors, inductors, sensors, diodes, rectifiers, MOSFETs and a variety of integrated circuit solutions. Vishay’s components are used in power management, signal conditioning, circuit protection and sensing applications, supporting both standard and custom designs for original equipment manufacturers worldwide.

Originally founded in 1962 by Dr.