Shares of SkyWater Technology Inc. (NASDAQ:SKYT) traded today at $36.70, eclipsing its 52-week high. So far today approximately 344,000 shares have been exchanged, as compared to an average 30-day volume of 588,000 shares.
SkyWater Technology Inc is a pure-play technology foundry that offers advanced semiconductor development and manufacturing services from its fabrication facility, in Minnesota and advanced packaging services from the Florida facility. It specializes in advanced Innovation Engineering Services and volume manufacturing of a wide variety of differentiated integrated circuits.
Over the past year, SkyWater Technology Inc. has traded in a range of $14.25 to $36.70 and is now at $33.50, 135% above that low.
SkyWater Technology Inc. (NASDAQ:SKYT) defies analysts with a current price ($33.50) 39.9% above its average consensus price target of $20.14.
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