Microchip Technology Incorporated (MCHP): Guidance Down News

MCHP – Sees Q2 revs of $1.474-1.55 bln vs. $1.58 bln.

Key Facts Surrounding This News Item

  • MCHP had a POWR Rating of A (Strong Buy) coming into today.
  • MCHP was 2.85% above its 10-Day Moving Average coming into today.
  • MCHP was 3.27% above its 20-Day Moving Average coming into today.
  • MCHP was 1.49% above its 50-Day Moving Average coming into today.
  • MCHP was 4.93% above its 100-Day Moving Average coming into today.
  • MCHP was 6.69% above its 200-Day Moving Average coming into today.
  • MCHP had returned +12.16% year-to-date leading up to today’s news, versus a +7.88% return from the benchmark S&P 500 during the same period.

More Info About Microchip Technology Incorporated (MCHP)

Microchip Technology develops, manufactures, and sells semiconductor products for various embedded control applications. The company was founded in 1989 and is based in Chandler, Arizona. View our full MCHP ticker page with ratings, news, and more.

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MCHP at a Glance

MCHP Current POWR Rating™
Overall POWR Rating™
MCHP Current Price $67.03 0.77%
More MCHP Ratings, Data, and News

MCHP Price Reaction

The day of this event (Aug. 9, 2018)
MCHP Closing Price$97.65 0.33%
MCHP Volume3,139,366
32.04% from avg
Leading up to this event
MCHP 1-mo return4.69%
After this event
MCHP 1-day return11.84%
MCHP 3-day return16.27%
MCHP 5-day return19.53%

MCHP Price Chart

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