Stock News Alert: Silicon Labs (NASDAQ:SLAB)

Silicon Labs (NASDAQ:SLAB) moved 0.24% to recent value of $118.7. The stock transacted 231467 shares during most recent day however it has an average volume of 236.14K shares. It spotted trading -0.16% off 52-week high price. On the other end, the stock has been noted 60.38% away from the low price over the last 52-weeks.

On Jan. 10, 2020, Silicon Labs (NASDAQ:SLAB) a leading provider of silicon, software and solutions for a smarter, more connected world, notified that it plans to release fourth quarter 2019 financial results on Wednesday, January 29, 2020.

Silicon Labs

Silicon Labs (NASDAQ: SLAB) is a leading provider of silicon, software and solutions for a smarter, more connected world. Our award-winning technologies are shaping the future of the Internet of Things, Internet infrastructure, industrial automation, consumer and automotive markets. Our world-class engineering team creates products focused on performance, energy savings, connectivity and simplicity. SLAB has a gross margin of 60.80% and an operating margin of 7.40% while its profit margin remained 3.00% for the last 12 months. Its earnings per share (EPS) expected to touch remained 5.20% for this year while earning per share for the next 5-years is expected to reach at 15.00%.

The company has 44.24M of outstanding shares and 42.49M shares were floated in the market. According to the most recent quarter its current ratio was 6.8 that represents company’s ability to meet its current financial obligations. The price moved ahead of 2.83% from the mean of 20 days, 6.99% from mean of 50 days SMA and performed 13.20% from mean of 200 days price. Company’s performance for the week was 2.25%, 8.99% for month and YTD performance remained 2.35%.

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