ON Semiconductor Corp. (NASDAQ:ON) [Trend Analysis] regains street interests, as shares ascend 2.96% on Wednesday and it traded at $9.38. The 52-week high of the share price is -30.52% and 52-week low of the share price is 34.58%. ON Semiconductor (ON) released a new series of insulated gate bipolar transistors, which utilize its proprietary Ultra Field Stop trench technology.
The NGTB40N120FL3WG, NGTB25N120FL3WG and NGTB40N120L3WG are designed to deliver eminent levels of operational performance in order to meet the exacting demands of modern switching applications. The senior director and GM for ON Semiconductor’s Power Discrete Division, Asif Jakwani stated that their new Ultra Field Stop IGBTs along with optimized fast recovery diodes we manage to hit sweet spot that perfectly balances VCEsat as well as Ets, thereby resulting in cut switching losses, and enhanced power efficiency in hard switching applications, across a broad range of switching frequencies. At the same time it still offers the robust operation and cost effectiveness that engineers expect from IGBTs.
Moving toward technical analysis, the current ratio, or the liquidity ratio of a company was calculated 1.50 as compared to its debt to equity ratio stands at 0.87. This is an important indicator as a higher ratio typically suggests that investors are investing more confidently as compared to companies in the same industry has lower ratios. When calculating in the EPS estimates for the current year from sell-side analysts, the Price to current year EPS stands at 12.70%. Investors looking further ahead will note that the Price to next year’s EPS is 22.94%.
As for as concerns shares volumes, in share capital ON Semiconductor Corp. (NASDAQ:ON) has 412.80 million outstanding shares among them 410.26 million shares have been floated in market exchange. The firm’s institutional ownership remained 97.90% while insider ownership included 1.40%.
The stock showed weekly upbeat performance of -1.16%, which maintained for the month at -0.85%. Likewise the positive performance for the quarter recorded as 32.49% and for the year was -24.54%, while the YTD performance remained at -4.29%.