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Morning Trending Stocks: Microchip Technology Incorporated (MCHP)

Today’s top gainers include the company Microchip Technology Incorporated (NASDAQ:MCHP) which is in the industry Semiconductor – Broad Line, gaining 1.28% today. In the last week its performance is 0.38%, and 10.64% for the past quarter. Currently, Microchip Technology Incorporated, MCHP has a target price of 91.63, so today’s gain of 1.28% is a significant step towards its target price. The GAP today is therefore 0.06%.

Microchip Technology Incorporated (NASDAQ:MCHP), has a market cap of 17.18 B, and is based in USA. Insider ownership is at 2.38%, and institutional ownership is 98.80%.

At the current price of 79.34, it has a dividend yield of 1.83%, and its target price is 91.63. This is with a profit margin of 4.80%, and total debt/equity of 0.9. Microchip Technology Incorporated (NASDAQ:MCHP) has a P/E of 118.24, as well as a forward P/E of 15.03.

With a current EPS of 0.67, and a forecasted EPS growth for next year at 9.09%,Microchip Technology Incorporated (NASDAQ:MCHP) has had a EPS growth for the past five years at -15.20%. For the next five years EPS growth is projected to be 20.90%.

Performance for the year is 68.14%. Since its IPO date on 3/19/1993, the total performance to date is 24.30%.

Volume today for Microchip Technology Incorporated (NASDAQ:MCHP), is 2616604, while its average volume is 2666.48. Whilst the total gain today was 1.28%, it did have a day high of -2.92%.

Volatility for this week has been at 2.21%, and 1.67% for the month. The 52-week low for Microchip Technology Incorporated, MCHP has been 71.10%, while the 52-week-high has reached -2.92%.

Looking at its return of investments, which is 5.70%, and its return on assets is 2.30%. Microchip Technology Incorporated (NASDAQ:MCHP) has an operating margin of 8.10%. With a sales growth of 61.90% quarter over quarter. Bearing in mind that Microchip Technology Incorporated, MCHP is in the sector Technology, its long-term debt/equity is 0.89, and has a current ratio of 3.3 and 2.7 for quick ratio.

So what is the value of Microchip Technology Incorporated? Well its PEG is 5.66, and the P/S is 5.04, along with a P/B of 5.4. Meanwhile it has a p/cash of *TBA.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Mark Hines

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