The stock of O2Micro International Limited (ADR) (NASDAQ:OIIM) is a huge mover today! About 88,800 shares traded hands or 89.60% up from the average. O2Micro International Limited (ADR) (NASDAQ:OIIM) has risen 25.83% since April 14, 2016 and is uptrending. It has outperformed by 21.14% the S&P500.
The move comes after 5 months positive chart setup for the $53.10 million company. It was reported on Nov, 16 by Barchart.com. We have $4.62 PT which if reached, will make NASDAQ:OIIM worth $64.78M more.
According to Zacks Investment Research, “O2Micro designs, develops, and markets innovative peripheral components for Notebook computers, Internet appliances, LCD monitors, and wireless communications. The company is a leading supplier of specialized devices designed to improve the performance of mobile computing systems. Specific products include: AudioDJTM/RemoteAudio, ACPI CardBus Controller, and High Efficiency CCFL Backlight Inverter Controllers. The company offers ACPI compliant products. The company designs products compliant with the System Management Bus and Smart Battery System specifications.”
More notable recent O2Micro International Limited (ADR) (NASDAQ:OIIM) news were published by: Investorplace.com which released: “21 Semiconductors & Semiconductor Equipment Stocks to Buy Now” on November 09, 2016, also Benzinga.com with their article: “22 Biggest Mid-Day Gainers For Wednesday” published on November 02, 2016, Nasdaq.com published: “Asian ADRs Move Higher in Thursday Trading” on November 03, 2016. More interesting news about O2Micro International Limited (ADR) (NASDAQ:OIIM) were released by: Nasdaq.com and their article: “Asian ADRs Move Higher in Friday Trading” published on October 14, 2016 as well as Zacks.com‘s news article titled: “The Parade of Weak Earnings Reports Continues” with publication date: April 24, 2015.
OIIM Company Profile
O2Micro International Limited, incorporated in March 1, 1997, designs, develops and markets power management components for the Computer, Consumer, Industrial, Automotive and Communications markets. The Company’s power management products include integrated circuits (ICs) for liquid crystal display (LCD) and light emitting diode (LED) lighting; control and monitoring of battery charging and discharging; direct current (DC)/DC and alternating current (AC)/DC conversion, and to provide select and switch functionality between power sources. The Company’s consumer electronics market includes LCD and LED televisions, desktop and notebook monitors, portable media players, digital cameras, global positioning system (GPS)/portable navigation device (PND) solutions for directional assistance, personal digital assistants (PDAs), games and general lighting products, including LED light bulbs. Computer market includes desktop computers, LCD and LED monitors, tablet computers, netbooks and mobile communication applications.
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