Today Avago Technologies (AVGO) Hits New Lifetime High

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Trade-Ideas LLC identified Avago Technologies ( AVGO) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Avago Technologies as such a stock due to the following factors:

  • AVGO has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $183.8 million.
  • AVGO has traded 521,636 shares today.
  • AVGO is trading at a new lifetime high.

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More details on AVGO:

Avago Technologies Limited is engaged in the design, development, and supply of analog semiconductor devices with a focus on III-V based products. The stock currently has a dividend yield of 1.5%. AVGO has a PE ratio of 65.2. Currently there are 13 analysts that rate Avago Technologies a buy, no analysts rate it a sell, and 5 rate it a hold.

The average volume for Avago Technologies has been 1.9 million shares per day over the past 30 days. Avago has a market cap of $21.9 billion and is part of the technology sector and electronics industry. The stock has a beta of 1.03 and a short float of 2.7% with 1.20 days to cover. Shares are up 66.3% year-to-date as of the close of trading on Tuesday.

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