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Free Pre-Market Technical Pulse on Marvell Technology and Three Additional Semiconductor Stocks

Stock Research Monitor: AXTI, ESIO, and MSCC

LONDON, UK / ACCESSWIRE / May 17, 2018/ If you want a free Stock Review on MRVL sign up now at www.wallstequities.com/registration. On May 15th, 2018, Zacks reported that after generating record annual sales in 2017, the global Semiconductor industry was off to a great 2018. The report further noted that as per the Semiconductor Industry Association, global sales of semiconductors grew 20% year-over-year to $111.1 billion in Q1 2018. Today, WallStEquities.com navigates the Semiconductor Integrated Circuits space to see how select stocks have fared over the past trading sessions: AXT Inc. (NASDAQ: AXTI), Electro Scientific Industries Inc. (NASDAQ: ESIO), Marvell Technology Group Ltd (NASDAQ: MRVL), and Microsemi Corp. (NASDAQ: MSCC). All you have to do is sign up today for this free limited time offer by clicking the link below.

www.wallstequities.com/registration

AXT Inc.

Fremont, California headquartered AXT Inc.'s stock finished Wednesday's session 0.76% higher at $6.65 with a total trading volume of 236,142 shares. The stock is trading 5.18% below their 50-day moving average. Shares of the Company, which designs, develops, manufactures, and distributes compound and single element semiconductor substrates, have a Relative Strength Index (RSI) of 50.80.

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On April 25th, 2018, AXT Inc. reported its results for Q1 ended March 31st, 2018. Revenue for Q1 2018 was $24.4 million, gross margin was 39.2% of revenue, and operating expenses were $5.6 million. Operating profit for the quarter was $3.9 million, income tax expense was $0.3 million, and net income was $2.9 million. Get the full research report on AXTI for free by clicking below at:

www.wallstequities.com/registration/?symbol=AXTI


Electro Scientific Industries

On Wednesday, shares in Portland, Oregon headquartered Electro Scientific Industries Inc. recorded a trading volume of 549,627 shares. The stock ended the session 2.31% higher at $19.94. The Company's shares have advanced 14.53% in the previous three months and 141.99% over the past year. The stock is trading 3.55% above its 50-day moving average and 10.35% above its 200-day moving average. Moreover, shares of the Company, which together with its subsidiaries, supplies laser-based microfabrication solutions for the microtechnology industry worldwide, have an RSI of 56.32.

On May 08th, 2018, Electro Scientific Industries announced the results for its Q4 FY18 and fiscal year ended March 31st, 2018. For Q4 FY18, revenue was $113.4 million, and GAAP net income was $75.1 million. For FY18, revenue was $367.9 million, and GAAP net income was $116.2 million. Download our actionable research report on ESIO at:


www.wallstequities.com/registration/?symbol=ESIO


Marvell Technology Group

Hamilton, Bermuda headquartered Marvell Technology Group Ltd's shares closed the day 0.78% higher at $21.87. The stock recorded a trading volume of 5.30 million shares. The Company's shares have gained 34.58% over the past year. The stock is trading 0.81% and 6.76% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Marvell Technology, which designs, develops, and markets analog, mixed-signal, digital signal processing, and embedded and standalone integrated circuits, have an RSI of 54.71.

On April 18th, 2018, research firm Longbow initiated a 'Buy' rating on the Company's stock, with a target price of $27 per share.

On April 30th, 2018, Marvell Technology announced that it will conduct a conference call, following the release of its Q1 FY19 financial results on May 31st, 2018, at 1:45 p.m. PT. The call will be webcast and can be accessed on the Company's Investor Relations website. Register for your free report coverage on MRVL at:

www.wallstequities.com/registration/?symbol=MRVL


Microsemi

Shares in Aliso Viejo, California headquartered Microsemi Corp. finished 0.06% higher at $68.59. The stock recorded a trading volume of 1.77 million shares. The Company's shares have advanced 7.17% in the last month, 14.26% in the previous three months, and 35.50% over the past year. The stock is trading above its 50-day and 200-day moving averages by 4.80% and 20.74%, respectively. Furthermore, shares of Microsemi, which designs, manufactures, and markets analog and mixed-signal semiconductor solutions in the US, Europe, and Asia, have an RSI of 69.02.

On April 25th, 2018, Microsemi announced that it is the recipient of the Security Industry Association's New Product Showcase award for its network-ready, highly accurate, and secure SyncServer S80 server. The device integrates a GPS antenna, receiver, and Network Time Protocol timing server into a single ruggedized, environmentally hardened unit. Get the free research report on MSCC at:

www.wallstequities.com/registration/?symbol=MSCC

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