Monolithic Power Systems traded at $1,289.67 this Thursday July 2nd, decreasing $42.06 or 3.16 percent since the previous trading session. Looking back, over the last four weeks, Monolithic Power Systems lost 23.68 percent. Over the last 12 months, its price rose by 70.00 percent. Looking ahead, we forecast Monolithic Power Systems to be priced at 1,286.00 by the end of this quarter and at 1,207.41 in one year, according to Trading Economics global macro models projections and analysts expectations.
Monolithic Power Systems, Inc. is a semiconductor company that designs, develops and markets power solutions. The Company operates through one segment that includes the design, development, marketing and sale of analog solutions for the computing and storage, automotive, industrial, communications and consumer markets. The Company's product families include Direct Current (DC) to DC Products and Lighting Control Products. The Company's DC to DC integrated circuits (ICs) are used to convert and control voltages within a range of electronic systems, such as portable electronic devices, wireless local area network (LAN) access points, computers, monitors, infotainment applications and medical equipment. The Lighting control ICs are used in backlighting and general illumination products. Lighting control ICs for backlighting are used in systems that provide the light source for liquid crystal display (LCD) panels found in computers, monitors, car navigation systems and televisions.