B. Riley disclosed Alpha and Omega Semiconductor (NASDAQ:AOSL), hiking its price target to $26.00 earlier today
- Updated: September 28, 2016
Reporting a potential upside of 0.19%, B. Riley upped the price target of Alpha and Omega Semiconductor (NASDAQ:AOSL) to $26.00
Having a price of $21.93, Alpha and Omega Semiconductor (NASDAQ:AOSL) traded 4.05% higher on the day. With the last close up 44.90% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same time period. AOSL has recorded a 50-day moving average of $20.40 and a 200-day moving average of $15.14. 181,212 shares of AOSL traded, up from an avg. volume of 171,612
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Alpha and Omega Semiconductor has a 52 week low of $7.68 and a 52 week high of $23.07 The company’s market cap is currently $0.
In addition to B. Riley reporting its stock price target, a total of 3 equity analysts have released a ratings update on Alpha and Omega Semiconductor. The 12-month price target is $11.50 with one broker rating the stock a strong buy, 1 firm rating the stock a buy, 2 firms rating the stock a hold, zero equity analysts rating the company a underperform, and lastly zero brokers rating the stock a sell.
General Information About Alpha and Omega Semiconductor (NASDAQ:AOSL)
Alpha and Omega Semiconductor Limited is a designer, developer and global supplier of power semiconductors. The Company's portfolio of power semiconductors includes approximately 1,600 products, as of June 30, 2016. The Company's product portfolio consists of two categories: power discretes and power integrated circuits (ICs). The Company's portfolio of products focuses high-volume applications, including personal computers, flat panel televisions, light-emitting diode (LED) lighting, smart phones, battery packs, consumer and industrial motor controls and power supplies for television, computers, servers and telecommunications equipment. The Company sells its products primarily to distributors in the Asia Pacific region, who in turn sell these products to end customers. The Company conducts its operations primarily in the United States, Hong Kong, China, Taiwan, Korea and Japan. Its products are applicable in desktop and tablet personal computers, flat panel displays and televisions.
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