Shares of Skyworks Solutions Inc. (NASDAQ:SWKS) traded at a new 52-week high today of $188.51. So far today approximately 406,000 shares have been exchanged, as compared to an average 30-day volume of 2.5 million shares.
In the past 52 weeks, shares of Skyworks Solutions Inc. have traded between a low of $67.90 and a high of $188.51 and is now at $184.13, which is 171% above that low price.
Skyworks Solutions Inc. (NASDAQ:SWKS) defies analysts with a current price ($184.13) 30.4% above its average consensus price target of $128.16.
Skyworks Solutions produces semiconductors for wireless handsets and other devices that are used to enable wireless connectivity. Its main products include power amplifiers, filters, switches, and integrated front-end modules that support wireless transmissions. Skyworks’ customers are mostly large smartphone manufacturers, but the firm also has a growing presence in nonhandset applications such as wireless routers, medical devices, and automobiles.
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