Advanced Analogic Stock Gaps Down On Today's Open (AATI)
Shares of Advanced Analogic Technologies (Nasdaq:AATI) were gapping down Monday morning with an open price 10.7% lower than Friday's closing price. The stock closed at $4.67 yesterday and opened today's trading at $4.17.
NEW YORK ( TheStreet) -- Shares of Advanced Analogic Technologies (Nasdaq: AATI) were gapping down Monday morning with an open price 10.7% lower than Friday's closing price. The stock closed at $4.67 Friday and opened today's trading at $4.17. The average volume for Advanced Analogic has been 784,400 shares per day over the past 30 days. Advanced Analogic has a market cap of $197.2 million and is part of the technology sector and electronics industry. Advanced Analogic Technologies Incorporated 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 Ratings rates Advanced Analogic as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and weak operating cash flow. You can view the full Advanced Analogic Ratings Report. Get more investment ideas from our investment research center. Interested in other stocks that are gapping down? Get free SMS text alerts sent to you when the action happens by texting DOWN to 95370 or select from multiple alert options.
Advanced Analogic Technologies (Nasdaq:AATI) hit a new 52-week low Thursday as it is currently trading at $3.35, below its previous 52-week low of $3.43 with 896,350 shares traded as of 10:10 a.m. ET. Average volume has been 844,300 shares over the past 30 days.