Rambus Inc. (NASDAQ:RMBS) traded at a new 52-week high today of $31.85. Approximately 202,000 shares have changed hands today, as compared to an average 30-day volume of 1.4 million shares.
Rambus Inc. (NASDAQ:RMBS) is currently priced 0.9% above its average consensus analyst price target of $31.22.
Rambus Inc is a global semiconductor solutions provider offering high-speed, high-security computer chips and Silicon intellectual property. The company’s Key products include memory interface chips, built for high speed and efficiency; silicon IP, providing high-speed memory and chip-to-chip connection technology; and architecture licenses, which allow customers to use portions of Rambus’ patented inventions for their own digital electronics. The firm receives the majority of its revenue from the United States, Taiwan, and Singapore.
Rambus Inc. share prices have moved between a 52-week high of $31.85 and a 52-week low of $17.95 and are now trading 75% above that low price at $31.50 per share.
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