RF Micro Devices (RFMD) Rising Before The Market Opens

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Trade-Ideas LLC identified RF Micro Devices ( RFMD) as a pre-market leader candidate. In addition to specific proprietary factors, Trade-Ideas identified RF Micro Devices as such a stock due to the following factors:

  • RFMD has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $232.2 million.
  • RFMD traded 15,000 shares today in the pre-market hours as of 8:00 AM.
  • RFMD is up 3.6% today from yesterday's close.

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More details on RFMD:

RF Micro Devices, Inc. is engaged in the design, development, manufacture, and marketing of radio frequency (RF) solutions for original equipment manufacturers and original design manufacturers in wireless and wired communications applications in the United States and internationally. RFMD has a PE ratio of 294.2. Currently there are 8 analysts that rate RF Micro Devices a buy, 1 analyst rates it a sell, and 3 rate it a hold.

The average volume for RF Micro Devices has been 10.2 million shares per day over the past 30 days. RF Micro Devices has a market cap of $3.4 billion and is part of the technology sector and electronics industry. The stock has a beta of 1.07 and a short float of 12.8% with 1.92 days to cover. Shares are up 116.3% year-to-date as of the close of trading on Thursday.

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