RF Micro Devices Stock Hits New 52-Week Low (RFMD)

NEW YORK ( TheStreet) -- RF Micro Devices (Nasdaq: RFMD) hit a new 52-week low Tuesday as it is currently trading at $4.40, below its previous 52-week low of $4.41 with 452,413 shares traded as of 10:15 a.m. ET. Average volume has been 7.3 million shares over the past 30 days.

RF Micro Devices has a market cap of $1.35 billion and is part of the technology sector and electronics industry. Shares are down 18.1% year to date as of the close of trading on Monday.

RF Micro Devices, Inc. designs, develops, manufactures, and markets radio frequency (RF) components and compound semiconductor technologies in the United States and internationally. The company has a P/E ratio of 35.2, above the average electronics industry P/E ratio of 16.7 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates RF Micro Devices as a hold. Among the primary strengths of the company is its solid financial position based on a variety of debt and liquidity measures that we have evaluated. At the same time, however, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. You can view the full RF Micro Devices Ratings Report.

See all 52-week low stocks or get investment ideas from our investment research center.

null

More from Markets

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Jim Cramer: The 10-Year Yield Could Go to 2.75%

Jim Cramer: The 10-Year Yield Could Go to 2.75%

Oil Slumps, Gas Spikes Ahead of Holiday Weekend; Assessing the Chipmakers--ICYMI

Oil Slumps, Gas Spikes Ahead of Holiday Weekend; Assessing the Chipmakers--ICYMI

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%