Silicon Motion Technology Corporation (NASDAQ:SIMO) Ratings Coverage

A total of 2 analysts rate Silicon Motion Technology (NASDAQ:SIMO) as follows: 1 “Buy”, 1 “Hold” and 0 “Sell”. Тherefore 50% are bullish. (NASDAQ:SIMO) has 2 ratings reports on Apr 9, 2019 according to StockzIntelligence. The company rating was downgraded by Morgan Stanley on Friday, December 14. On Thursday, November 1 the stock of Silicon Motion Technology Corporation (NASDAQ:SIMO) has “Buy” rating given by FBR Capital. Listed here are Silicon Motion Technology Corporation (NASDAQ:SIMO) PTs and latest ratings.

14/12/2018 Broker: Morgan Stanley Old Rating: Overweight New Rating: Equal-Weight Downgrade
01/11/2018 Broker: FBR Capital Old Rating: Buy New Rating: Buy Old Target: $68.75 New Target: $57 Maintain

SIMO is reaching $41.15 during the last trading session, after decreased 0.53%.Silicon Motion Technology Corporation has volume of 351,214 shares. Since April 9, 2018 SIMO has declined 8.63% and is downtrending. SIMO underperformed the S&P500 by 13.00%.

Silicon Motion Technology Corporation, together with its subsidiaries, designs, develops, and markets semiconductor solutions for the mobile storage and mobile communications markets worldwide.The company has $1.49 billion market cap. It offers embedded storage and expandable storage products, including NAND flash controllers, such as embedded MultiMediaCard , client solid-state drive (SSD), flash memory card, and Universal Serial Bus flash drive controllers.14.79 is the P/E ratio. The firm also provides specialty storage solutions, such as customized enterprise-grade Peripheral Component Interconnect Express (PCIe) SSDs; and industrial-grade and commercial-grade single-chip SSDs.

For more Silicon Motion Technology Corporation (NASDAQ:SIMO) news announced recently go to: Seekingalpha.com, Seekingalpha.com, Nasdaq.com, Thestreet.com or Fool.com. The titles are as follows: “Silicon Motion: Take A Broader View – Seeking Alpha” announced on October 10, 2018, “Silicon Motion Is Thrown Out With The Bathwater – Seeking Alpha” on October 11, 2018, “Ex-Dividend Reminder: KLA-Tencor, Silicon Motion Technology and Jacobs Engineering Group – Nasdaq” with a publish date: February 12, 2019, “Tesla, Facebook, Broadcom, Oracle and Volkswagen – 5 Things You Must Know – TheStreet” and the last “3 Must-See Quotes From Silicon Motion’s Earnings Call – The Motley Fool” with publication date: February 10, 2019.