Silicon Motion Technology Co. (NASDAQ:SIMO – Get Free Report) has received a consensus rating of “Buy” from the five research firms that are currently covering the firm, MarketBeat reports. Five investment analysts have rated the stock with a buy recommendation. The average 12 month price target among brokers that have updated their coverage on the […]
Silicon Motion Technology Co. (NASDAQ:SIMO – Get Free Report) shares saw strong trading volume on Monday . 1,649,067 shares traded hands during mid-day trading, an increase of 134% from the previous session’s volume of 706,193 shares.The stock last traded at $63.44 and had previously closed at $59.50. Analyst Ratings Changes A number of brokerages have […]
Silicon Motion Technology (NASDAQ:SIMO – Free Report) had its target price cut by Susquehanna from $106.00 to $102.00 in a research report sent to investors on Friday, FlyOnTheWall reports. A number of other research analysts have also recently weighed in on the stock. Craig Hallum reduced their price target on shares of Silicon Motion Technology […]
Silicon Motion Technology Co. (NASDAQ:SIMO – Get Free Report) was the target of a significant growth in short interest in July. As of July 15th, there was short interest totalling 1,740,000 shares, a growth of 15.2% from the June 30th total of 1,510,000 shares. Based on an average daily trading volume, of 646,800 shares, the […]