STMicroelectronics (NYSE:STM) on the Way to Uncover New Strategic Plan Next Week – STM, NXPI, TXN, ATML, AMAT, ONNN, STX, OVTI, VOD

The Switzerland based STMicroelectronics N.V. (ADR) (NYSE:STM) reported that it will uncover a new strategic plan coming month.

A person with knowledge about the matter reported earlier this month that the corporation will most likely make a decision against splitting itself into two divisions after disagreements between French and Italian executives regarding the breakup offer.

STMicroelectronics, the biggest semiconductor manufacturer in Europe, reported on Friday that it will present a scheme on Dec 10 before the stock market opens.

STMicroelectronics did not offered additional details regarding this matter.

Its competitors include NXP Semiconductors NV (NASDAQ:NXPI) that slipped -2.36% to $24.38 with the total traded volume of 237,952.00 shares and Texas Instruments Incorporated (NASDAQ:TXN) that dropped -1.41% to $29.62 with the total traded volume of 2.89 million shares.

Other Technology stocks with bullish trend include Atmel Corporation (NASDAQ:ATML) up +2.55% to $5.62, Vodafone Group Plc (ADR) (NASDAQ:VOD) up +0.48% to $25.83 and Applied Materials, Inc. (NASDAQ:AMAT) up +0.05% to $10.75, whereas with bearish trend include ON Semiconductor Corp. (NASDAQ:ONNN) down -1.48% to $6.65, Seagate Technology PLC (NASDAQ:STX) down -0.55% to $25.12 and OmniVision Technologies, Inc. (NASDAQ:OVTI) down -5.98% to $14.94.

STMicroelectronics N.V. (ADR) (NYSE:STM) after opening at $6.29 hit high price of $6.36 and then trading at $6.35 by surging +2.42% and on current session volume of 1.71 million shares is surprisingly higher than its average volume of 1.53 million shares.

The stock price volatility was 2.35% for a week and 2.61% for a month as well as price volatility’s Average True Range for 14 days was 0.20 and its beta remained 1.78.

The liquidity measure in recent quarter results of the company was recorded 1.57 as current ratio and on the other side the debt to equity ratio was 0.24 and long-term debt to equity ratio remained 0.05. The Company had total cash at hand $1.92 billion and a book value per share as $7.43 in the most recent quarter.

STM generated revenue of 8.52 billion in the following twelve months and earned -$422.00 million. The Company showed a negative -15.15% in the net profit margin and as well as in its operating margin which remained -13.67%. Company’s annual sales growth for the past five year was -0.24%.

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