Shares of NXP Semiconductors Under Pressure, Down 1.9%

Published on Tue, 02/26/2013 - 13:24
By Adrienne Chilton in Market movers, nxpi, market movers, nasdaq:nxpi, nxp semiconductors

NXP Semiconductors (NASDAQ:NXPI) is one of today's notable stocks in decline, down 1.9% to $30.85. The S&P is currently trading 0.3% higher to 1,493 and the Dow Jones Industrial Average is trading 0.7% higher to 13,877.

Over the past year, NXP Semiconductors has traded in a range of $18.57 to $32.99 and is now at $30.85, 66% above that low. The 200-day and 50-day moving averages have moved 0.42% higher and 1.54% higher over the past week, respectively.

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.

NXP Semiconductors (NASDAQ:NXPI) has potential upside of 16.0% based on a current price of $30.85 and analysts' consensus price target of $35.80. The stock should find initial support at its 50-day moving average (MA) of $28.77 and further support at its 200-day MA of $24.56.

By Adrienne Chilton
achilton@fnno.com

Latest News from FNNO

Earnings Flashback: Since Reporting Quar...

18 days ago, on July 8th, 2014, Bob Evans Farms (NASDAQ:BOBE) reported its earnings. A ...

Earnings Flashback: Since Reporting Quar...

11 days ago, on July 15th, 2014, CSX (NYSE:CSX) reported its earnings. Analysts, on av ...

Dover Earnings Review: 9 Days after Anno...

When Dover (NYSE:DOV) reported earnings 9 days ago on July 17th, 2014, analysts, on ave ...

Earnings Look Back: Autoliv Is Down 0.3%...

A week ago on July 18th, 2014 Autoliv (NYSE:ALV) reported earnings and analysts, on ave ...

Earnings Flashback: Since Reporting Quar...

A week ago on July 18th, 2014 Kansas City Southern (NYSE:KSU) reported earnings and ana ...

Cytec Industries Earnings Hindsight: Up ...

When Cytec Industries (NYSE:CYT) reported earnings a week ago on July 17th, 2014, analy ...

Novartis Earnings Hindsight: Down 0.1% i...

When Novartis (NYSE:NVS) reported earnings 9 days ago on July 17th, 2014, analysts, on ...

Post Earnings Update: AAR Has Climbed 4....

11 days ago, on July 15th, 2014, AAR (NYSE:AIR) reported its earnings. Analysts, on av ...