Xilinx Reaches New 52-Week High (XLNX)
NEW YORK (
) --
(Nasdaq:
) hit a new 52-week high Thursday as it is currently trading at $37.38, above its previous 52-week high of $37.37 with 2.7 million shares traded as of 2:15 p.m. ET. Average volume has been 4.2 million shares over the past 30 days.
Xilinx has a market cap of $9.46 billion and is part of the
sector and
industry. Shares are up 13.7% year to date as of the close of trading on Wednesday.
Xilinx, Inc. designs, develops, and markets programmable platforms in North America, the Asia Pacific, Europe, and Japan. The company has a P/E ratio of 17.4, above the average electronics industry P/E ratio of 17.2 and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Xilinx as a
. The company's strengths can be seen in multiple areas, such as its expanding profit margins, solid stock price performance, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full
.
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