NEW YORK (

TheStreet

) -- Shares of

Advanced Analogic Technologies

(Nasdaq:

AATI

) were gapping up Friday morning with an open price 54.6% higher than Thursday's closing price. The stock closed at $3.90 Thursday and opened today's trading at $6.03.

The average volume for Advanced Analogic has been 173,500 shares per day over the past 30 days. Advanced Analogic has a market cap of $164.5 million and is part of the

technology

sector and

electronics

industry. Shares are down 2.7% year to date as of the close of trading on Thursday.

Advanced Analogic Technologies, Inc. engages in the development of advanced power management semiconductors. It offers a range of analog and mixed-signal circuits that are used in system design.

TheStreet Recommends

TheStreet Ratings rates Advanced Analogic as a

hold

. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and feeble growth in the company's earnings per share. You can view the full

Advanced Analogic Ratings Report

.

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