Silicon Laboratories Inc (NASDAQ:SLAB) shares, rose in value, with the stock price up by 0.56% to the previous day’s close as strong demand from buyers drove the stock to $90.50.
Actively observing the price movement in the last trading, the stock closed the session at $90.00, falling within a range of $89.06 and $91.02. The value of beta (5-year monthly) was 1.326. Referring to stock’s 52-week performance, its high was $160.00, and the low was $82.82. On the whole, SLAB has fluctuated by -28.04% over the past month.
With the market capitalization of Silicon Laboratories Inc currently standing at about $2.94 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-03.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 785.89M, with a low estimate of 177M and a high estimate of 178.07M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 177.47M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that SLAB’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of SLAB currently trading nearly -12.93% and -27.69% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 33.35, while the 7-day volatility ratio is showing 4.30% which for the 30-day chart, stands at 6.78%. Furthermore, Silicon Laboratories Inc (SLAB)’s beta value is 1.41, and its average true range (ATR) is 7.15.
A comparison of Silicon Laboratories Inc (SLAB) with its peers suggests the former has fared considerably weaker in the market. SLAB showed an intraday change of 0.56% in last session, and over the past year, it shrunk by -27.44%%.
Data on historical trading for Silicon Laboratories Inc (NASDAQ:SLAB) indicates that the trading volumes over the past 10 days have averaged 0.65 and over the past 3 months, they’ve averaged 426.99K. According to company’s latest data on outstanding shares, there are 32.46 million shares outstanding.
Nearly 2.23% of Silicon Laboratories Inc’s shares belong to company insiders and institutional investors own 104.92% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 2.27 million shares as on 2025-03-31, resulting in a short ratio of 6.02. According to the data, the short interest in Silicon Laboratories Inc (SLAB) stood at 1220.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 2.33 million. The stock has fallen by -27.15% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the SLAB stock heading into the next quarter.
