Volterra Semiconductor Reaches New 52-Week High (VLTR)

NEW YORK ( TheStreet) -- Volterra Semiconductor Corporation (Nasdaq: VLTR) hit a new 52-week high Friday as it is currently trading at $32.43, above its previous 52-week high of $32.41 with 108,719 shares traded as of 1:03 p.m. ET. Average volume has been 217,300 shares over the past 30 days.

Volterra Semiconductor has a market cap of $756.5 million and is part of the technology sector and electronics industry. Shares are up 24.5% year to date as of the close of trading on Thursday.

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 39.8, above the average electronics industry P/E ratio of 38.9 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 increase in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full Volterra Semiconductor Ratings Report.

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