RF Micro Devices: New 52 Week High (NASDAQ:RFMD)

by Josh RF Micro Devices Inc. ($RFMD) is trading at $6.06 on light volume, 1,154,140 shares here at the noon hour. Average daily volume has been at 4,762,588 shares.

RF Micro ($RFMD) is continuing the pre-earnings climb started in September and is continuing to print new 52 week highs. Earnings are set to be released on October 22nd. In addition to price, implied volatility has doubled from 32% to 64% and option traders price in the uncertainty caused by the upcoming earnings release.

52 Week Range $3.55-$6.04 Market Cap 1,701,959,530 Average Volume 4,762,588 Dividend Yield 0.00% Institutional Ownership 77.40% Insider Ownership: 3.10% Percentage of Float Short 6.10% Beta 2.01

RF Micro Devices, Inc. designs and manufactures of high-performance radio frequency (RF) components and compound semiconductors technologies.

Articles