• Return to Headlines

NXP Semiconductors: 52-Week High Recently Eclipsed (NXPI)

By Nick Russo

NXP Semiconductors (NASDAQ:NXPI) traded today at a new 52-week high of $74.95. Approximately 981,000 shares have changed hands today, as compared to an average 30-day volume of 4.9 million shares.

Potential upside of 7.9% exists for NXP Semiconductors, based on a current level of $74.13 and analysts' average consensus price target of $80.00. NXP Semiconductors shares have support at the 50-day moving average (MA) of $67.85 and additional support at the 200-day MA of $62.67.

NXP Semiconductors NV operates as a global semiconductor company. The Company designs semiconductors and software for mobile communications, consumer electronics, security applications, in-car entertainment, and networking. NXP offers its products to the automotive, identification, wireless infrastructure, lighting, mobile, and computing applications.

In the past 52 weeks, NXP Semiconductors share prices have been bracketed by a low of $40.18 and a high of $74.95 and are now at $74.13, 84% above that low price. The 200-day and 50-day moving averages have moved 1.06% higher and 0.61% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of NXP Semiconductors on October 28th, 2014 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $66.54. Since that recommendation, shares of NXP Semiconductors have risen 10.8%. We continue to monitor NXPI for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows nxp semiconductors

Ticker(s): NXPI