Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) traded today at a new 52-week high of $53.88. This new high was reached on below average trading volume as 129,000 shares traded hands, while the average 30-day volume is approximately 414,000 shares.
Alpha & Omega Semiconductor Ltd designs, develops and supplies a portfolio of power semiconductors targeting various applications, including personal computers, flat-panel TVs, LED lighting, smartphones, battery packs, consumer and industrial motor controls and power supplies for TVs, computers, servers and telecommunications equipment. It generates revenue mainly from the sale of power semiconductors, consisting of power discretes and power ICs with a presence in Hong Kong, China, South Korea, the United States, and other countries.
In the past 52 weeks, shares of Alpha and Omega Semiconductor Limited have traded between a low of $22.00 and a high of $53.88 and is now at $53.35, which is 143% above that low price.
Based on a current price of $53.35, Alpha and Omega Semiconductor Limited is currently 30.1% above its average consensus analyst price target of $37.31.
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