RF Micro Devices Stock Hits New 52-Week High (RFMD)
RF Micro Devices (Nasdaq:RFMD) hit a new 52-week high Monday as it is currently trading at $5.45, above its previous 52-week high of $5.43 with 482,042 shares traded as of 9:36 a.m. ET. Average volume has been 6.1 million shares over the past 30 days.
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- RF Micro Devices (Nasdaq: RFMD) hit a new 52-week high Monday as it is currently trading at $5.45, above its previous 52-week high of $5.43 with 482,042 shares traded as of 9:36 a.m. ET. Average volume has been 6.1 million shares over the past 30 days. RF Micro Devices has a market cap of $1.49 billion and is part of the technology sector and electronics industry. Shares are up 18.8% year to date as of the close of trading on Thursday. RF Micro Devices, Inc. designs, develops, manufactures, and markets radio frequency (RF) components and compound semiconductor technologies primarily in the United States and Asia.
EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.
TheStreet Ratings rates RF Micro Devices as a hold. 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 and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and weak operating cash flow. You can view the full RF Micro Devices Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center. It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE.