Applied Micro Circuits (NASDAQ:AMCC) Earns Coverage Optimism Score of 0.13
News headlines about Applied Micro Circuits (NASDAQ:AMCC) have trended somewhat positive this week, according to Accern Sentiment. The research group identifies positive and negative news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Applied Micro Circuits earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned press coverage about the semiconductor company an impact score of 45.4911101434791 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Applied Micro Circuits (NASDAQ:AMCC) remained flat at $8.45 during mid-day trading on Thursday. Applied Micro Circuits has a 52-week low of $4.93 and a 52-week high of $9.05. The company has a 50-day moving average of $8.45 and a 200-day moving average of $7.42.
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Applied Micro Circuits Company Profile
Applied Micro Circuits Corporation (AMCC) provides silicon solutions for cloud infrastructure and data centers, as well as connectivity products for edge, metro and long haul communications equipment. The Company’s products serve Computing and Connectivity markets. Its Computing products include the X-Gene family of server processors, based on the ARMv8 64-bit Instruction Set Architecture (ISA), which target mainstream cloud and data center infrastructure, including hyperscale, telco, enterprise and high performance computing.
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