Melexis NV (OTCMKTS:MLXSF – Get Free Report) dropped 23% during trading on Friday . The company traded as low as $57.20 and last traded at $57.20. Approximately 100 shares were traded during mid-day trading, a decline of 33% from the average daily volume of 150 shares. The stock had previously closed at $74.25.
Melexis Stock Performance
The company’s 50 day moving average is $73.91 and its 200 day moving average is $95.77.
Melexis Company Profile
Melexis NV designs, develops, tests, and markets advanced integrated semiconductor devices primarily for the automotive industry in Europe, the Middle-East, Africa, the Asia Pacific, and North and Latin America. The company provides magnetic position, current, latch and switch, inductive position, speed, pressure, tire monitoring, temperature, and optical sensors ICs and time-of-flight; embedded motor, smart, fan and pump, smart LED, and pre-driver ICs; embedded lighting; and LIN transceiver, CAN transceiver, and RFID transceivers.
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