Monolithic Power System Inc (NASDAQ:MPWR) currently has a daily average trading volume of 688.91K but it saw 2070316 shares traded in last market. With a market cap of 28.14B USD, the company’s current market price of $576.79 came falling about -4.10 while comparing to the previous closing price of $601.47. In past 52 weeks, the stock remained buoying in the range of price level as high as $959.64 and as low as $523.64. In the recent trading on the day, stock has struck highest price mark of $572.04 while lowest mark touched by it was $604.665.
Taking a look at 20-day trading activity of Monolithic Power System Inc (MPWR) gives us an average price of $797.22, while its current price level is -39.90% below from 52-week high level whereas it is 10.15% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $861.12 while that of 200 days or SMA-200 reads an average of $783.59. A closer look into the stock’s movement over the week reveals that its volatility is standing at 7.97% during that period while stretching the period over a month that decreases to 4.97%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 19.23 which implies that the stock is in oversold territory.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Loop Capital which initiated the stock as “Hold” in its note to investors issued on November 12, 2024, recommending a price target of $660 for it. Rosenblatt issued its recommendations for the stock as it downgraded the price target for the stock is $880.
Over the week, MPWR’s stock price is moving -25.60% down while it is -36.26% when we observe its performance for the past one month. Year-to-date it is -8.56% down and over the past year, the stock is showing an upside performance of 7.72%.
Currently, Monolithic Power System Inc’s total number of outstanding shares is 48.03M. Company’s return on investment (ROI) stands at 18.36% and return on equity (ROE) at 20.21%. It has a price to earnings ratio (P/E ratio) of 65.00 while having a 33.70 of forward P/E ratio. Stock’s beta reads 1.08. Stock has a price to book (P/B) ratio of 11.96 while price to sale or P/S ratio amounts to 13.80. Its return on asset (ROA) is 16.76% on average.
