Altera Corp. (ALTR) is Trading Lower on Unusual Volume for December 21

Equities Staff |

Altera Corp. (ALTR) experienced unusually high volume on Dec. 21, as the stock lost 0.26% to a closing price of $52.85. The stock saw 4.35 million shares trade hands over the course of the day on 15,918 trades. Given that the stock’s average daily volume over the last month has been 2.12 million shares a day, this represents a pretty substantial spike over the norm.

Altera Corp. has a P/B ratio of 4.77. It also has a P/E ratio of 47.6. The stock has traded between $53.33 and $32.67 over the last 52-weeks, its 50-day SMA is now $52.69, and its 200-day SMA $48.18.

Altera Corp designs and sells programmable logic devices, HardCopy application-specific integrated circuit devices, power system-on-chip devices, pre-defined design building blocks known as intellectual property cores, and associated development tools.

Headquartered in San Jose, CA, Altera Corp. has 3,091 employees and is currently under the leadership of CEO John P. Daane.

For a complete fundamental analysis analysis of Altera Corp., check out’s Stock Valuation Analysis report for ALTR. To see the latest independent stock recommendations from’s analysts, visit our Research section.


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All data provided by QuoteMedia and was accurate as of 4:30PM ET.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:


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