Monolithic Power Systems Stock Bullish Momentum With A 30% Rise In The Last 21 Sessions

(VIANEWS) – Shares of Monolithic Power Systems (NASDAQ: MPWR) jumped by a staggering 30.48% in 21 sessions from $398.47 to $519.93 at 14:53 EST on Tuesday, following the last session’s upward trend. NASDAQ is dropping 0.04% to $11,887.48, following the last session’s upward trend.

Monolithic Power Systems’s last close was $501.42, 7.38% below its 52-week high of $541.39.

About Monolithic Power Systems

Monolithic Power Systems, Inc. engages in the design, development, marketing, and sale of semiconductor-based power electronics solutions for the computing and storage, automotive, industrial, communications, and consumer markets. The company provides direct current (DC) to DC integrated circuits (ICs) that are used to convert and control voltages of various electronic systems, such as portable electronic devices, wireless LAN access points, computers and notebooks, monitors, infotainment applications, and medical equipment. It also offers lighting control ICs for backlighting that are used in systems, which provide the light source for LCD panels in notebook computers, monitors, car navigation systems, and televisions, as well as for general illumination products. The company sells its products through third-party distributors and value-added resellers, as well as directly to original equipment manufacturers, original design manufacturers, electronic manufacturing service providers, and other end customers in China, Taiwan, Europe, South Korea, Southeast Asia, Japan, the United States, and internationally. Monolithic Power Systems, Inc. was incorporated in 1997 and is headquartered in Kirkland, Washington.

Earnings Per Share

As for profitability, Monolithic Power Systems has a trailing twelve months EPS of $3.5.

PE Ratio

Monolithic Power Systems has a trailing twelve months price to earnings ratio of 148.55. Meaning, the purchaser of the share is investing $148.55 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 30.05%.

More news about Monolithic Power Systems (MPWR).

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