SWKS Spikes to Yearly Highs on Heavy Volume

Skyworks Solutions, Inc. (SWKS) is popping to session highs on a pick up in volume as ticker extends this morning’s gains to breakout above November 22, yearly highs of $24.88. Shares are seeing strong volume ; mid-way through the session the stock has already traded 3.7 million shares, compared to a daily average of around 4.2 million shares.

The 50-day moving average in the name is $21.92 and the 200-day is $17.89.  At last check, shares of SWKS were up $1.21 to $25.97, a gain of nearly 5%.

Disclaimer: This page contains affiliate links. If you choose to make a purchase after clicking a link, we may receive a commission at no additional cost to you. Thank you for your support!

About Ron Haruni 1068 Articles
Ron Haruni is the Co-Founder & Editor in Chief of Wall Street Pit.

Be the first to comment

Leave a Reply

Your email address will not be published.


*

This site uses Akismet to reduce spam. Learn how your comment data is processed.