Shares of Melexis NV (OTCMKTS:MLXSF – Get Free Report) dropped 23% on Friday . The stock traded as low as $57.20 and last traded at $57.20. Approximately 100 shares changed hands during mid-day trading, a decline of 33% from the average daily volume of 150 shares. The stock had previously closed at $74.25.
Melexis Stock Performance
The business’s 50-day moving average price is $73.91 and its 200-day moving average price is $95.77.
Melexis Company Profile
Melexis NV designs, develops, tests, and markets advanced integrated semiconductor devices primarily for the automotive industry in Europe, the Middle-East, Africa, the Asia Pacific, and North and Latin America. The company provides magnetic position, current, latch and switch, inductive position, speed, pressure, tire monitoring, temperature, and optical sensors ICs and time-of-flight; embedded motor, smart, fan and pump, smart LED, and pre-driver ICs; embedded lighting; and LIN transceiver, CAN transceiver, and RFID transceivers.
Further Reading
- Five stocks we like better than Melexis
- How to buy stock: A step-by-step guide for beginners
- Cold Front, Hot Stocks: Diesel Prices Propel Energy Leaders
- The Role Economic Reports Play in a Successful Investment Strategy
- Sustainable and Successful: 3 Climate ETFs Beating the Market
- 3 Warren Buffett Stocks to Buy Now
- Quantum Opportunity: Skywater Technology’s Long-Term Potential
Receive News & Ratings for Melexis Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Melexis and related companies with MarketBeat.com's FREE daily email newsletter.
