28-Mar-2024
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Business Wire (Mon, 26-Feb 8:00 PM ET)
Power Integrations Reports Fourth-Quarter and Full-Year Financial Results
Business Wire (Thu, 8-Feb 4:01 PM ET)
Power Integrations Introduces InnoSwitch5 Offline Flyback Switcher IC
Business Wire (Tue, 30-Jan 9:03 AM ET)
Power Integrations to Release Fourth-Quarter Financial Results on February 8
Business Wire (Wed, 17-Jan 5:15 PM ET)
Power Integrations Inc design, develop and market analog and mixed-signal integrated circuits (ICs) and other electronic components and circuitry used in high-voltage power conversion. Products are used in power converters that convert electricity from a high-voltage source to the type of power required for a specified downstream use. Products are used in electronic products including mobile phones, computing and networking equipment, appliances, electronic utility meters, battery-powered tools, industrial controls, and home-automation, or internet of things applications such as networked thermostats, power strips and security devices.. Geographically, the company generates maximum revenue from China and Hong Kong.
Power Integrations trades on the NASDAQ stock market under the symbol POWI.
As of March 28, 2024, POWI stock price climbed to $71.55 with 290,630 million shares trading.
POWI has a beta of 1.79, meaning it tends to be more sensitive to market movements. POWI has a correlation of 0.32 to the broad based SPY ETF.
POWI has a market cap of $4.07 billion. This is considered a Mid Cap stock.
Last quarter Power Integrations reported $90 million in Revenue and $.22 earnings per share. This fell short of revenue expectation by $-663,000 and exceeded earnings estimates by $.07.
In the last 3 years, POWI stock traded as high as $110.66 and as low as $59.16.
The top ETF exchange traded funds that POWI belongs to (by Net Assets): VTI, IJH, VB, IWM, VXF.
POWI has underperformed the market in the last year with a price return of -12.6% while the SPY ETF gained +33.6%. POWI has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -14.4% and -1.1%, respectively, while the SPY returned +10.1% and +1.7%, respectively.
POWI support price is $69.05 and resistance is $72.17 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that POWI stock will trade within this expected range on the day.