Tessera Technologies Inc (TSRA) is Trading Lower on Unusual Volume for December 21

Equities Staff |

Tessera Technologies Inc (TSRA) experienced unusually high volume on Dec. 21, as the stock lost 0.57% to a closing price of $31.48. The stock saw 891,915 shares trade hands over the course of the day on 3,074 trades. Given that the stock’s average daily volume over the last month has been 433,021 shares a day, this represents a pretty substantial spike over the norm.

Tessera Technologies Inc has a P/B ratio of 3.05. It also has a P/E ratio of 12.8. The stock has traded between $43.71 and $30.62 over the last 52-weeks, its 50-day SMA is now $33.19, and its 200-day SMA $35.69.

Tessera Technologies Inc with its subsidiaries create, develop and license semiconductor, interconnect and imaging technologies. Its semiconductor packaging technologies have been licensed to more than 70 companies.

Headquartered in San Jose, CA, Tessera Technologies Inc has 203 employees and is currently under the leadership of CEO Thomas A. Lacey.

For a complete fundamental analysis analysis of Tessera Technologies Inc, check out Equities.com’s Stock Valuation Analysis report for TSRA. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.


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

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