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Technical Roundup on Semiconductor Stocks -- Tower Semiconductor, Superconductor Technologies, Applied Optoelectronics, and Semtech

TSEM, SMTC, AAOI

PR Newswire

NEW YORK, January 4, 2017 /PRNewswire/ --

Stock-Callers.com today reviews the performances on these Semiconductor Integrated Circuits equities: Tower Semiconductor Ltd (NASDAQ: TSEM), Superconductor Technologies Inc. (NASDAQ: SCON), Applied Optoelectronics Inc. (NASDAQ: AAOI), and Semtech Corp. (NASDAQ: SMTC). These companies belong to the Technology sector which posted solid gains during trading on Tuesday, January 03rd, 2017, with shares of Tech companies in the S&P 500 climbing around 0.6%. Sign up today and download for free the research reports for the stocks covered today at:

http://stock-callers.com/registration

Tower Semiconductor  

Migdal Haemek, Israel headquartered Tower Semiconductor Ltd's stock finished Tuesday's session 0.68% higher at $19.16. A total volume of 745,048 shares was traded, which was above their three months average volume of 713,680 shares. Over the last month and the previous three months, the Company's shares have advanced 8.99% and 26.39%, respectively. Additionally, the stock has gained 0.68% since the start of this year. Shares of the Company are trading above their 50-day and 200-day moving averages by 8.82% and 32.57%, respectively. Moreover, shares of Tower Semiconductor, which manufactures analog intensive mixed-signal semiconductor devices in the US, Asia, and Europe, have a Relative Strength Index (RSI) of 60.85. TSEM complete research report is just a click away at:

http://stock-callers.com/registration/?symbol=TSEM


Superconductor Technologies  

Shares in Austin, Texas headquartered Superconductor Technologies Inc. jumped 8.72%, ending yesterday's session at $1.34. A total volume of 2.56 million shares was traded, which was higher than their three months average volume of 869,000 shares. The stock has gained 8.72% on an YTD basis. The Company's shares are trading 23.43% below their 50-day moving average. Moreover, shares of Superconductor Technologies, which develops and commercializes high temperature superconductor materials and related technologies in the US, have an RSI of 44.32.

As per a SEC filing dated December 14th, 2016, Superconductor Technologies announced on December 09th, 2016, the pricing of a public offering of common stock (and common stock equivalents) with expected total gross proceeds of approximately $10.2 million. The net proceeds to the Company from the registered offering, after deducting the placement agent fees and the Company's estimated offering expenses, is expected to be approximately $9.2 million. In connection with the offering, the Company will issue 1,798,787 shares of its common stock at a price of $1.50 per share, with each share of common stock coupled with a five year warrant to purchase one share of common stock, at an exercise price of $2.00. These securities were offered in the form of a Class A Unit but are immediately separable and will be issued separately at the closing. The complimentary report on SCON can be downloaded at:


http://stock-callers.com/registration/?symbol=SCON


Applied Optoelectronics  

On Tuesday, Sugar Land, Texas headquartered Applied Optoelectronics Inc.'s stock saw a drop of 1.45%, to close the day at $23.10, with a total trading volume of 268,160 shares. The Company's shares have advanced 7.74% in the previous three months. The stock is trading 39.26% above its 200-day moving average. Additionally, shares of Applied Optoelectronics, which designs, manufactures, and sells fiber-optic networking products primarily for Internet data center, cable television, and fiber-to-the-home networking end-markets, have an RSI of 43.67.

On December 13th, 2016, Applied Optoelectronics announced that it will host the next meeting of the Consortium for Onboard Optics (COBO), to be held in Taipei, Taiwan on February 08th-09th, 2017. The meeting will facilitate technical discussions regarding the Consortium's standards for interconnects for intra-datacenter applications, and for coherent inter-datacenter and long-haul applications. In addition to hosting the COBO meeting, the Company will provide a tour of its R&D and manufacturing facilities in Taipei. Sign up for your complimentary report on AAOI at:

http://stock-callers.com/registration/?symbol=AAOI


Semtech  

Shares in Camarillo, California headquartered Semtech Corp. ended the day 0.95% higher at $31.85, with a total trading volume of 343,182 shares. The stock has gained 9.45% in the last one month, 15.31% in the previous three months, and 0.95% since the start of this year. The Company's shares are trading above their 50-day and 200-day moving averages by 11.91% and 25.82%, respectively. Furthermore, shares of Semtech, which designs, develops, manufactures, and markets analog and mixed-signal semiconductor products, have an RSI of 60.50.

On December 13th, 2016, Semtech announced the availability of the new LinkCharge 20 Series, including two high-power wireless charging transmitter and receiver evaluation platforms for industrial applications supporting up to 20 watts of power. LinkCharge 20 evaluation platforms are available immediately through Semtech's distribution channel. Download the research report for free on SMTC at:

http://stock-callers.com/registration/?symbol=SMTC

--

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