3. As of noon trading, Avago Technologies ( AVGO) is up $0.46 (1.4%) to $34.01 on light volume Thus far, 617,842 shares of Avago Technologies exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $33.41-$34.24 after having opened the day at $33.75 as compared to the previous trading day's close of $33.55. Avago Technologies Limited engages in the design, development, and supply of analog semiconductor devices with a focus on III-V based products. Avago Technologies has a market cap of $8.0 billion and is part of the technology sector. The company has a P/E ratio of 14.7, below the S&P 500 P/E ratio of 17.7. Shares are up 16.3% year to date as of the close of trading on Friday. Currently there are 11 analysts that rate Avago Technologies a buy, no analysts rate it a sell, and 2 rate it a hold. TheStreet Ratings rates Avago Technologies as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, increase in net income, growth in earnings per share and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Avago Technologies Ratings Report now. Holiday Special: Subscribe to Action Alerts PLUS to see how Jim Cramer trades his $2.5 Million+ portfolio for 51% off the list price. Your first 14-days are FREE: Sign up today to get e-mail alerts before every trade
In trading on Wednesday, shares of Geospace Technologies Corp crossed below their last reported book value — defined as common shareholder equity per share — of $25.04, changing hands as low as $23.92 per share. Geospace Technologies Corp shares are currently trading down about 7.5% on the day.