National Semiconductor Stock Hits New 52-Week High (NSM)

NEW YORK ( TheStreet) -- National Semiconductor Corporation (NYSE: NSM) hit a new 52-week high Friday as it is currently trading at $14.41, above its previous 52-week high of $14.40 with 743,884 shares traded as of 12:25 p.m. ET. Average volume has been 6.9 million shares over the past 30 days.

National Semiconductor has a market cap of $6.33 billion and is part of the technology sector and electronics industry. Shares are up 81.6% year to date as of the close of trading on Thursday.

National Semiconductor Corporation, a semiconductor company, designs, develops, manufactures, and markets analog and mixed-signal integrated circuits and sub-systems. The company has a P/E ratio of 20.8, equal to the average electronics industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates National Semiconductor as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, expanding profit margins 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 National Semiconductor Ratings Report.

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