Home / Tech & Systems / Experts Shows Trust on Wide Range Device of Broadcom Limited (NASDAQ:AVGO)

Experts Shows Trust on Wide Range Device of Broadcom Limited (NASDAQ:AVGO)

Broadcom Limited (NASDAQ:AVGO) [Trend Analysis] hangs on to mix trends, as shares trade at $144.61 by increased 1.55% with volume of 1.85 Million shares that was impressive than its average volume of 3160.06 shares.

Broadcom (AVGO) declared that a new generation of 5A gate drive optocoupler devices, the ACPL-352J and ACNW3430, designed for a wide range of industrial applications including motor drives and power inverters. CTO, Panasonic Semiconductor Solutions, Mr. Yutaka Tanase stated that they are pleased to contain Broadcom in a joint reference design as well as demonstration of the X-GaN and ACPL-352J at the PCIM Europe 2016. The combination of Panasonic’s X-GaN and Broadcom’s latest 5A optocoupler will enable power supply engineers to deliver high-performance, cost-effective gate driver solutions, further establishing the GaN GIT as a technology of choice for high power, high speed switching applications.

As the revenues measures, firm has operation margin of 24.50% in the following twelve months with net profit margin of positive 20.00%. The Company showed a positive 20.00% in the net profit margin and in addition to in its operating margin which remained 24.50%. Company’s annual sales growth for the past five year was 26.70%.

Broadcom Limited (NASDAQ:AVGO) presented weekly performance of 0.98% with respect to its rate of return and it remained -7.07% for the month. However, the performance for a quarter experienced change of 21.20% and its performance for a year is 19.21% and its year to date performance remained in red with -0.04%. The stock price volatility was 2.21% for a week and 2.56% for a month as well as price volatility’s Average True Range for 14 days was 3.72 and its beta remained 0.97.

Current stock price is in the upbeat territory taking into account of 20 days moving average with -3.41% and continued bullish run for 50 days moving average with -3.27%. Its earnings per share for the past twelve months were 327.70%. Company’s beta coefficient was at 0.97. Beta measures the amount of market risk associated with market trade.


About Devon Leftovich

Devon Leftovich is an entrepreneur. He has been writing and editing professionally for over six years. He is admin editor and senior content writer of SWR. However, he has determined to give investors something rare, a dignified partner who can manage money with integrity and a clear conscience about the degree of due diligence behind investment decisions. He said, "I love the financial world because it is like one big puzzle and I hope we the SWR help each other out to solve the puzzle to help us realize our dreams." Interests: Analysis of different Companies; including news and analyst rating updates. He performs analysis of Companies and publicizes important information for investor/traders community. Stocks long-term and short-term holding views, Tech Stocks

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