Volterra Semiconductor Stock Hits New 52-Week High (VLTR)

NEW YORK ( TheStreet) -- Volterra Semiconductor Corporation (Nasdaq: VLTR) hit a new 52-week high Wednesday as it is currently trading at $27.81, above its previous 52-week high of $27.68 with 270,943 shares traded as of 1 p.m. ET. Average volume has been 222,300 shares over the past 30 days.

Volterra Semiconductor has a market cap of $636 million and is part of the technology sector and electronics industry. Shares are up 1.1% year to date as of the close of trading on Tuesday.

Volterra Semiconductor Corporation engages in the design, development, and marketing of analog and mixed-signal power management semiconductors for computing, storage, networking, and consumer markets. The company has a P/E ratio of 37, below the average electronics industry P/E ratio of 37.5 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Volterra Semiconductor as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Volterra Semiconductor Ratings Report.

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