Triquint Semiconductor Stock Falls On Unusually High Volume (TQNT)
NEW YORK (
) --
(Nasdaq:
) is trading at unusually high volume Thursday with 17 million shares changing hands. It is currently at 4.1 times its average daily volume and trading down 39 cents (-5.8%) at $6.45 as of 1:20 p.m. ET.
Triquint Semiconductor has a market cap of $963.3 million and is part of the
sector and
industry. Shares are up 40.5% year to date as of the close of trading on Wednesday.
TriQuint Semiconductor, Inc. provides radio frequency (RF) solutions and technology for communications, defense, and aerospace companies worldwide. The company has a P/E ratio of 13.1, above the average electronics industry P/E ratio of 11.4 and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Triquint Semiconductor as a
. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. You can view the full
Triquint Semiconductor Ratings Report
.
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