M/A-COM Technology Solutions Holdings (MTSI) Hits New Lifetime High

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer.

Trade-Ideas LLC identified M/A-COM Technology Solutions Holdings ( MTSI) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified M/A-COM Technology Solutions Holdings as such a stock due to the following factors:

  • MTSI has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $15.9 million.
  • MTSI has traded 6,801 shares today.
  • MTSI is trading at a new lifetime high.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in MTSI with the Ticky from Trade-Ideas. See the FREE profile for MTSI NOW at Trade-Ideas

More details on MTSI:

M/A-COM Technology Solutions Holdings, Inc., through its subsidiaries, designs, develops, manufactures, and markets semiconductors and modules for use in wireless and wireline applications across the radio frequency, microwave, and millimeterwave spectrum. MTSI has a PE ratio of 653. Currently there are 7 analysts that rate M/A-COM Technology Solutions Holdings a buy, no analysts rate it a sell, and 1 rates it a hold.

The average volume for M/A-COM Technology Solutions Holdings has been 437,800 shares per day over the past 30 days. M/A-COM Technology has a market cap of $2.1 billion and is part of the technology sector and electronics industry. The stock has a beta of 0.57 and a short float of 28.6% with 10.81 days to cover. Shares are up 27.5% year-to-date as of the close of trading on Tuesday.

If you liked this article you might like

5 Big Takeaways From the Onslaught of Tech Earnings Reports

5 Key Takeaways From Recent Tech Earnings Reports

The Stock That Crashed 25% Overnight Has a Lesson to Teach Us: Market Recon

5 Earnings Short-Squeeze Trade Ideas

Apple Supplier InvenSense Could Be The Next Takeover Target in Chips