Integrated Device Technology, Inc. (NASDAQ: IDTI) reported change of 1.74% to $33.82 with the recent traded volume of 2416705 shares in last trading session compared to an average volume of 1.25M. The stock was up over last five days period with 2.36%. The one month performance of stock was 18.05%. IDTI shares are at 9.63% for the quarter and driving a 31.60% return over the course of the past year and is now at 13.76% since this point in 2018. The stock beta value is 1.87. The average volatility for the week and month was at 2.18% 2.20% respectively. The company holds 131.34M shares outstanding and 131.04M shares are floated in market.”
Integrated Device Technology, Inc. (NASDAQ: IDTI) reported that it has successfully repriced its aggregate $198 Million Term B Loan, reducing the interest rate by 0.50%. The new financing is expected to generate annual cash interest savings of approximately $1 million.
The Company urges investors to review the terms of this new loan agreement, along with risks and uncertainties, in the Company’s Securities and Exchange Commission filings, including but not limited to the 8K filed on June 1, 2018 and the Annual Report on Form 10-K for the fiscal year ended April 1, 2018.
Shares of Integrated Device Technology, Inc. have been recently spotted trading -0.97% off of the 52-week high price. On the other end, company shares have been noted 46.60% away from the low price over the last 52-weeks. 52 week range of the stock remained $ 23.07 – 34.15. Switching over to some distances from popular moving averages, we see that the stock has been recorded 9.67% away from the 50 day moving average and 13.75% away from the 200 day moving average. Moving closer, we can see that shares have been trading 7.42% off of the 20-day moving average. 1821 employees work in the Company. It has market cap of $4.44B.
Integrated Device Technology, Inc. designs, develops, manufactures, and markets a range of semiconductor solutions for the communications, computing, consumer, automotive, industrial, and Internet-of-things end-markets.