• user warning: Table './fnndrupaldev/term_node' is marked as crashed and last (automatic?) repair failed query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 433745 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.
  • user warning: Table './fnndrupaldev/sessions' is marked as crashed and last (automatic?) repair failed query: SELECT COUNT(sid) AS count FROM sessions WHERE timestamp >= 1414165968 AND uid = 0 in /var/www/www.fnno.com/htdocs/includes/session.inc on line 111.
  • user warning: Table './fnndrupaldev/sessions' is marked as crashed and last (automatic?) repair failed query: SELECT DISTINCT u.uid, u.name, s.timestamp FROM users u INNER JOIN sessions s ON u.uid = s.uid WHERE s.timestamp >= 1414165968 AND s.uid > 0 ORDER BY s.timestamp DESC in /var/www/www.fnno.com/htdocs/modules/user/user.module on line 765.

Shares of Applied Micro Circuits Are Moving Higher on 1.3x Above-Average Volume (AMCC)

Published on Thu, 01/31/2013 - 14:18
By Adrienne Chilton

Applied Micro Circuits's stock is up 0.7% to $8.72 on heavy trading volume. About 825,000 shares have been traded today, as compared to the 30-day average volume of 605,000 shares. Spikes in volume can validate a breakout or signify a potential turning point.

Applied Micro Circuits share prices have moved between a 52-week high of $9.64 and a 52-week low of $4.28 and are now trading 104% above that low price at $8.72 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 2.1% while the 200-day MA has risen 0.6%.

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.

Applied Micro Circuits (NASDAQ:AMCC) has potential upside of 22.4% based on a current price of $8.72 and analysts' consensus price target of $10.67. The stock should discover initial support at its 50-day moving average (MA) of $8.08 and subsequent support at its 200-day MA of $6.12.

By Adrienne Chilton
achilton@fnno.com

Latest News from FNNO

Highest Earnings Yield in the Diversifie...

Below are the three companies in the Diversified Chemicals industry with the highest ea ...

Shares of Ferro Under Pressure, Down 1.9...

Ferro (NYSE:FOE), a company whose shares are moving quickly, is trading 1.9% lower to $ ...

Xerox Crosses Below its 10-day MA (XRX)...

Xerox (NYSE:XRX) shares have crossed bearishly below their 10-day moving average of $12 ...

Manpower Ranks the Highest in Terms of E...

Below are the three companies in the Human Resource & Employment Services industry with ...

Universal Stainless & Alloy Makes a Move...

One of today's stocks on the move is Universal Stainless & Alloy (NASDAQ:USAP), up 1.9% ...

Bullish Moving Average Cross by M&T Bank...

M&T Bank (NYSE:MTB) shares have crossed bullishly above their 10-day moving average of ...

Top 3 Companies in the Oil & Gas Explora...

Below are the three companies in the Oil & Gas Exploration & Production industry with t ...

Shares of Pearson Under Pressure, Down 1...

One of today's notable stocks in decline is Pearson (NYSE:PSO), down 1.9% to $18.35. T ...