• Return to Headlines

Applied Micro Circuits Shares Up 27.3% Since SmarTrend's Buy Recommendation (AMCC)

By Shiri Gupta

SmarTrend identified an Uptrend for Applied Micro Circuits (NASDAQ:AMCC) on October 28th, 2016 at $6.64. In approximately 5 months, Applied Micro Circuits has returned 27.26% as of today's recent price of $8.45.

Applied Micro Circuits share prices have moved between a 52-week high of $9.05 and a 52-week low of $4.69 and are now trading 80% above that low price at $8.45 per share. The 200-day and 50-day moving averages have moved 0.01% higher and 0.74% higher over the past week, respectively.

Applied Micro Circuits Corporation designs, develops, manufactures, and markets high-performance, high-bandwidth silicon solutions for the world's communications infrastructure. The Company provides products for the automated test equipment, high-speed computing, and military markets.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Applied Micro Circuits shares.

Log in and add Applied Micro Circuits (AMCC) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights applied micro circuits

Ticker(s): AMCC