Baystreet Staff -

Coverage Initiated on Select Semiconductor Equipment and Materials' Stocks

[ACCESSWIRE]

LONDON, UK / ACCESSWIRE / July 15, 2016 / Active Wall St. announces the list of stocks for today's coverage. Pre-market the Active Wall St. team provides the latest corporate, market and technical events impacting selected stocks on the Semiconductor Equipment & Materials industry. Companies recently under review include Teradyne, Advanced Semiconductor Engineering, Synopsys, and Siliconware Precision Industries. See our complete notes on Teradyne at:

http://www.activewallst.com/registration-3/?symbol=TER

Today, AWS is promoting its equity coverage. Get all of our research notes free by signing up to http://www.activewallst.com/register/.

Despite an economic slowdown, growth is expected for the Semiconductor Equipment and Materials industry given increased consumer demands. Companies are also shifting toward advanced and cheaper devices in order to compete with rivals. Let us see how these are affecting some of the big names in the industry. Register with us now for your free membership and more at: http://www.activewallst.com/register/.

Active Wall St. takes a brief technical look at how each of the companies mentioned above have fared over the last few trading sessions.

Teradyne Inc. (NYSE: TER)

On Thursday, shares in North Reading, Massachusetts headquartered Teradyne Inc. recorded a trading volume of 1.87 million shares, which was above their three months average volume of 1.74 million shares. The stock ended the session 1.51% lower at $20.85. The Company's shares have gained 6.54% in the last one month, 0.50% in the previous three months, and 1.51% since the start of this year. The stock is trading 7.77% above its 50-day moving average and 6.32% above its 200-day moving average. Moreover, shares of Teradyne, which designs, develops, manufactures, and sells automatic test equipment globally, have a Relative Strength Index (RSI) of 63.12.

On June 21, 2016, LitePoint, a wholly owned subsidiary of Teradyne, announced that Quantenna Communications, a leading provider of Wi-Fi chipset solutions, has chosen LitePoint's IQxel-MW for calibration and verification of Quantenna's new 802.11ac Wave 3 chipsets.

Advanced Semiconductor Engineering Inc. (NYSE: ASX)

Kaohsiung, Taiwan-based Advanced Semiconductor Engineering Inc.'s stock closed the day 1.09% higher at $5.57 and with a total volume of 464,522 shares traded. The Company's shares have advanced 2.58% in the past month. The stock is trading 6.54% and 2.39% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Advanced Semiconductor Engineering, which provides semiconductor packaging and testing services in the U.S., Taiwan, Asia, Europe, and globally, have an RSI of 60.64.

On June 24, 2016, Advanced Semiconductor Engineering, Inc. announced that it has received the 2016 Asia Responsible Entrepreneurship Award in the category of "Social Empowerment" for its ASE30 Environmental Conservation Fund. The complimentary note on ASX can be accessed at: http://www.activewallst.com/registration-3/?symbol=ASX.

Synopsys Inc. (NASDAQ: SNPS)

Shares in Mountain View, California headquartered Synopsys Inc. recorded a trading volume of 749,980 shares and ended yesterday's trading session 0.15% lower at $54.79. The stock has advanced 5.02% in the past month, 13.91% over the previous three months, and 20.13% on an YTD basis. The Company's shares are trading above their 50-day and 200-day moving averages by 6.39% and 14.53%, respectively. Furthermore, shares of Synopsys, which provides electronic design automation software products used to design and test integrated circuits globally, have an RSI of 66.82.

On June 27, 2016, Synopsys announced a multi-year extension of its OEM agreement with Lattice Semiconductor Corporation for Synopsys' Synplify Pro® FPGA synthesis tools. With this agreement, Synopsys continues to be the exclusive provider of logic synthesis technology optimized for the highest quality of results, area and runtime for designers targeting Lattice Field Programmable Gate Arrays and Complex Programmable Logic Devices. Register for free and access key notes on SNPS at: http://www.activewallst.com/registration-3/?symbol=SNPS.

Siliconware Precision Industries Co. Ltd (NASDAQ: SPIL)

Taichung, Taiwan headquartered Siliconware Precision Industries Co. Ltd’s stock finished Thursday's session 0.95% higher at $7.47 with a total volume of 263,484 shares traded. Shares of the Company, which provides semiconductor assembly and test services in the U.S., Canada, and globally, are trading above their 200-day moving average by 1.55%. The stock has an RSI of 50.67.

On June 30, 2016, Siliconware Precision Industries and Advanced Semiconductor Engineering, Inc. announced that they have entered into a joint share exchange agreement to establish a holding company Holdco, which will be listed in the Taiwan Stock Exchange and whose American depositary shares will be listed in the New York Stock Exchange. SPIL notes are available for free at: http://www.activewallst.com/registration-3/?symbol=SPIL.

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SOURCE: Active Wall Street