MagnaChip Semiconductor traded at $2.52 this Tuesday October 27th, increasing $0.15 or 6.33 percent since the previous trading session. Looking back, over the last four weeks, MagnaChip Semiconductor gained 20.75 percent. Over the last 12 months, its price fell by 17.92 percent. Looking ahead, we forecast MagnaChip Semiconductor to be priced at 2.48 by the end of this quarter and at 2.22 in one year, according to Trading Economics global macro models projections and analysts expectations.
MagnaChip Semiconductor Corp is a Luxembourg-based designer and manufacturer of analog and mixed-signal semiconductor platform solutions for communications, Internet of Things (IoT) applications, consumer, industrial and automotive applications. It has a segment Standard Products Group. Standard Products Group includes Display Solutions and Power Solutions. Display Solutions products provide panel display solutions to major suppliers of large and small rigid and flexible panel displays, mobile, automotive applications and home appliances. Power Solutions products include discrete and integrated circuit solutions for power management in communications, consumer and industrial applications.