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Does Microchip Technology Inc. (MCHP) Have What it Takes to be in Your Portfolio Friday?

Friday, June 24, 2022 02:49 PM | InvestorsObserver Analysts

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Does Microchip Technology Inc. (MCHP) Have What it Takes to be in Your Portfolio Friday?

Microchip Technology Inc. (MCHP) is near the middle in its industry group according to InvestorsObserver. MCHP gets an overall rating of 50. That means it scores higher than 50 percent of stocks. Microchip Technology Inc. gets a 49 rank in the Semiconductors industry. Semiconductors is number 36 out of 148 industries.

Overall Score - 50
MCHP has an Overall Score of 50. Find out what this means to you and get the rest of the rankings on MCHP!

What do These Ratings Mean?

Searching for the best stocks to invest in can be difficult. There are thousands of options and it can be confusing on what actually constitutes a great value. InvestorsObserver allows you to choose from eight unique metrics to view the top industries and the best performing stocks in that industry. A score of 50 would rank higher than 50 percent of all stocks.
These rankings allows you to easily compare stocks and view what the strengths and weaknesses are of a given company. This lets you find the stocks with the best short and long term growth prospects in a matter of seconds. The combined score incorporates technical and fundamental analysis in order to give a comprehensive overview of a stocks performance. Investors who then want to focus on analysts rankings or valuations are able to see the separate scores for each section.

What's Happening With Microchip Technology Inc. Stock Today?

Microchip Technology Inc. (MCHP) stock is trading at $60.25 as of 2:38 PM on Friday, Jun 24, a gain of $2.34, or 4.04% from the previous closing price of $57.91. The stock has traded between $58.72 and $61.08 so far today. Volume today is light. So far 1,883,310 shares have traded compared to average volume of 5,324,592 shares. Click Here to get the full Stock Report for Microchip Technology Inc. stock.

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