InterDigital, Inc. (NASDAQ:IDCC) has been downgraded to Neutral in a statement by Dougherty & Co earlier today.
- Updated: October 9, 2016
Just yesterday InterDigital, Inc. (NASDAQ:IDCC) traded -0.24% lower at $78.08. InterDigital, Inc.’s 50-day moving average is $74.39 and its 200-day moving average is $61.87. The last stock price is up 26.64% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 397,931 shares of IDCC traded hands, up from an average trading volume of 334,143
Dougherty & Co has downgraded InterDigital, Inc. (NASDAQ:IDCC) to Neutral in a statement released on 10/05/2016.
Recent Performance Chart
InterDigital, Inc. has 52 week low of $41.01 and a 52 week high of $79.97 with a PE ratio of 22.16 and has a market capitalization of $0.
Brief Synopsis On InterDigital, Inc. (NASDAQ:IDCC)
InterDigital, Inc. designs and develops technologies for wireless communications. The Company has designed and developed a range of technologies that are used in digital cellular and wireless products and networks, including second generation (2G), third generation (3G), fourth generation (4G) and IEEE 802 related products and networks. The Company's subsidiaries hold a portfolio of approximately 20,400 patents and patent applications related to a range of technologies, including the fundamental technologies that enable wireless communications. Products integrating its technologies include mobile devices, such as cellular phones, tablets, notebook computers and wireless personal digital assistants; wireless infrastructure equipment, such as base stations, and components, dongles and modules for wireless devices. The Company is focused on approximately two technology areas: cellular wireless technology and Internet of Things (IoT) technology.
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