Microchip Technology Inc. (MCHP) Down 3.06% in Premarket Trading

Microchip Technology Inc. (MCHP) has fallen Tuesday morning, with the stock declining -3.06% in pre-market trading to 161. MCHP's short-term technical score of 74 indicates that the stock has traded more bullishly over the last month than 74% of stocks on the market. In the Semiconductors industry, which ranks 14 out of 146 industries, MCHP ranks higher than 62% of stocks. Microchip Technology Inc. has risen 4.20% over the past month, closing at $157.36 on August 31. During this period of time, the stock fell as low as $154.29 and as high as $165.77. MCHP has an average analyst recommendation of Strong Buy. The company has an average price target of $178.50.

MCHP has an Overall Score of 77. Find out what this means to you and get the rest of the rankings on MCHP!

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Microchip Technology Inc. has a Long-Term Technical rank of 92. This means that trading over the last 200 trading days has placed the company in the upper half of stocks with 8% of the market scoring higher. In the Semiconductors industry which is number 10 by this metric, MCHP ranks better than 82% of stocks.

Important Dates for Investors in MCHP:

-Microchip Technology Inc. is set to release earnings on 11/1/2021. During their last earnings release the company posted EPS of $1.71. -We do not have a set dividend date for Microchip Technology Inc. at this time. Click Here To Get The Full Report on Microchip Technology Inc. (MCHP)