$561.38K in average volume shows that Monolithic Power System Inc (MPWR) is heading in the right direction

Monolithic Power System Inc (NASDAQ: MPWR) on Tuesday, plunged -3.54% from the previous trading day, before settling in for the closing price of $924.50. Within the past 52 weeks, MPWR’s price has moved between $392.10 and $959.64.

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During the last 5-year period, the sales growth of Technology Sector giant was 27.08%. The company achieved an average annual earnings per share of 18.12%. With a float of $46.72 million, this company’s outstanding shares have now reached $48.03 million.

Let’s determine the extent of company efficiency that accounts for 3564 employees.

Monolithic Power System Inc (MPWR) Insider Activity

Observing investor behavior towards Semiconductors industry stocks is more important than anything else. The insider ownership of Monolithic Power System Inc is 4.17%, while institutional ownership is 97.31%. The most recent insider transaction that took place on Oct 01 ’24, was worth 2,270,900. Before that another transaction happened on Sep 03 ’24, when Company’s EVP and CFO sold 2,500 for $904.20, making the entire transaction worth $2,260,506. This insider now owns 61,678 shares in total.

Monolithic Power System Inc (MPWR) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 18.12% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 25.00% during the next five years compared to 30.00% growth over the previous five years of trading.

Monolithic Power System Inc (NASDAQ: MPWR) Trading Performance Indicators

Monolithic Power System Inc (MPWR) is currently performing well based on its current performance indicators. A quick ratio of 5.32 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 22.95. Likewise, its price to free cash flow for the trailing twelve months is 69.03.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 8.41, a number that is poised to hit 3.96 in the next quarter and is forecasted to reach 17.40 in one year’s time.

Technical Analysis of Monolithic Power System Inc (MPWR)

Looking closely at Monolithic Power System Inc (NASDAQ: MPWR), its last 5-days average volume was 0.48 million, which is a drop from its year-to-date volume of 0.54 million. As of the previous 9 days, the stock’s Stochastic %D was 57.30%. Additionally, its Average True Range was 37.33.

During the past 100 days, Monolithic Power System Inc’s (MPWR) raw stochastic average was set at 74.12%, which indicates a significant increase from 37.66% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 39.78% in the past 14 days, which was lower than the 54.25% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $869.70, while its 200-day Moving Average is $746.30. However, in the short run, Monolithic Power System Inc’s stock first resistance to watch stands at $917.16. Second resistance stands at $942.52. The third major resistance level sits at $958.56. If the price goes on to break the first support level at $875.77, it is likely to go to the next support level at $859.73. Should the price break the second support level, the third support level stands at $834.38.

Monolithic Power System Inc (NASDAQ: MPWR) Key Stats

Market capitalization of the company is 43.48 billion based on 48,679K outstanding shares. Right now, sales total 1,821 M and income totals 427,370 K. The company made 507,430 K in profit during its latest quarter, and 100,370 K in sales during its previous quarter.