Monolithic Power System Inc (MPWR) recent activity suggests a positive outlook with the last week’s performance of 6.43%

Monolithic Power System Inc (NASDAQ: MPWR) kicked off on Tuesday, up 4.80% from the previous trading day, before settling in for the closing price of $890.46. Over the past 52 weeks, MPWR has traded in a range of $392.10-$959.64.

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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 27.08%. While this was happening, its average annual earnings per share was recorded 18.19%. With a float of $46.73 million, this company’s outstanding shares have now reached $48.03 million.

The extent of productivity of a business whose workforce counts for 3564 workers is very important to gauge. In terms of profitability, gross margin is 55.31%, operating margin of 24.13%, and the pretax margin is 25.68%.

Monolithic Power System Inc (MPWR) Insider and Institutional Ownership

Our next focus will be how large-scale investors are participating in this stock of the Semiconductors Industry. The insider ownership of Monolithic Power System Inc is 4.14%, while institutional ownership is 97.14%. The most recent insider transaction that took place on Oct 07 ’24, was worth 10,225,485. In this transaction EVP, WW Sales & Marketing of this company sold 11,000 shares at a rate of $929.59, taking the stock ownership to the 103,829 shares. Before that another transaction happened on Oct 07 ’24, when Company’s Officer proposed sale 11,000 for $929.59, making the entire transaction worth $10,225,471.

Monolithic Power System Inc (MPWR) Latest Financial update

In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 3.08 earnings per share (EPS), higher than consensus estimate (set at 3.07) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.98 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 18.19% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 31.34% 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

Take a look at Monolithic Power System Inc’s (MPWR) current performance indicators. Last quarter, stock had a quick ratio of 5.32. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 24.02. Likewise, its price to free cash flow for the trailing twelve months is 72.23.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 8.41, a number that is poised to hit 3.97 in the next quarter and is forecasted to reach 17.28 in one year’s time.

Technical Analysis of Monolithic Power System Inc (MPWR)

The latest stats from [Monolithic Power System Inc, MPWR] show that its last 5-days average volume of 0.55 million was superior to 0.53 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 58.58%. Additionally, its Average True Range was 32.03.

During the past 100 days, Monolithic Power System Inc’s (MPWR) raw stochastic average was set at 88.52%, which indicates a significant increase from 78.14% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 36.56% in the past 14 days, which was lower than the 54.89% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $903.53, while its 200-day Moving Average is $776.73. Now, the first resistance to watch is $949.88. This is followed by the second major resistance level at $966.52. The third major resistance level sits at $995.87. If the price goes on to break the first support level at $903.89, it is likely to go to the next support level at $874.54. The third support level lies at $857.90 if the price breaches the second support level.

Monolithic Power System Inc (NASDAQ: MPWR) Key Stats

The company with the Market Capitalisation of 45.49 billion has total of 48,752K Shares Outstanding. Its annual sales at the moment are 1,821 M in contrast with the sum of 427,370 K annual income. Company’s last quarter sales were recorded 507,430 K and last quarter income was 100,370 K.