Technology Stocks Worth Chasing: Texas Instruments Incorporated (TXN), Citrix Systems, Inc. (CTXS)
Texas Instruments Incorporated (TXN) ended last trading session with a change of 0.86 percent. It trades at an average volume of 5.24M shares versus 5.85M shares recorded at the end of last trading session. The share price of $81.02 is at a distance of 50.9 percent from its 52-week low and down 0.48 percent versus its peak. The company has a market cap of $81.02B and currently has 1B shares outstanding. The share price is currently 4.71 percent versus its SMA20, 6.63 percent versus its SMA50, and 16.58 percent versus its SMA200. The stock has a weekly performance of 3.46 percent and is 11.74 percent year-to-date as of the recent close.
On March 8, 2017 Texas Instruments Incorporated (TXN) introduced a digital-to-analog converter (DAC) that combines industry-leading precision performance with simpler power-supply design. The 16-bit DAC8775 operates from a single, wide 12- to 36-V power rail, leveraging an integrated buck/boost converter to generate all of the required internal power supplies to save designers time, cost and significant board space. For more information, visit www.ti.com/DAC8775-pr.
Citrix Systems, Inc. (CTXS) recently recorded 6.79 percent change and currently at $84.93 is 42.21 percent away from its 52-week low and down 4.72 percent versus its peak. It has a past 5-day performance of 6.62 percent and trades at an average volume of 2.07M shares. The stock has a 1-month performance of 8.3 percent and is 19.42 percent year-to-date as of the recent close. There were about 155.37M shares outstanding which made its market cap $13.2B. The share price is currently 6.49 percent versus its SMA20, 11.7 percent versus its SMA50, and 20.91 percent versus its SMA200.
On March 3, 2017 Citrix Systems, Inc. (CTXS) announced national workplace rehabilitation provider Rehab Management has deployed Citrix technology to better deliver critical health management and psychological services across Australia. With 210 employees working across 56 offices and in the field, Rehab Management needed a solution to resolve connectivity issues impacting the quality of services provided by its regional and remote offices. The organization also wanted to boost employee morale and productivity by enabling them to work regardless of location and device.