Time for Investors to Take the Plunge on NXP Semiconductors NV (NASDAQ:NXPI)

Equity Research firms currently have a positive stance on shares of NXP Semiconductors NV (NASDAQ:NXPI). The majority of analysts covering the equity have either a Buy or Strong Buy recommendation on the stock, yielding a consensus score of 1.70. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $107.74 on a short term basis.

At the time of writing, the stock was trading at $103.82. This represents a change from the opening price of 1.03%. In terms of performance, year to date, the stock is 21.97%. The monthly stock performance comes in at 16.84%. For the quarter, shares are performing at 34.43%. Weekly performance analysis shows the equity at 24.51%.

In taking a look at technical levels, shares are trading 20.03% away from the 50 day simple moving average and 26.48% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -1.12% away from it’s 52- week high and 68.51% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, NXP Semiconductors NV’s RSI stands at 80.28. In looking at volatility levels, the shares saw weekly volatility of 6.40% and 3.17% over the past month.

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