Texas Instruments Inc. (TXN) is Trading Lower on Unusual Volume for January 15

Equities Staff |

Texas Instruments Inc. (TXN) experienced unusually high volume on Jan. 15, as the stock lost 4% to a closing price of $48.03. The stock saw 10.8 million shares trade hands over the course of the day on 78,638 trades. Given that the stock’s average daily volume over the last month has been 6.13 million shares a day, this represents a pretty substantial spike over the norm.

Texas Instruments Inc. has a P/B ratio of 4.89. It also has a P/E ratio of 18. The stock has traded between $59.99 and $43.49 over the last 52-weeks, its 50-day SMA is now $56.14, and its 200-day SMA $52.77.

Texas Instruments Inc designs and makes semiconductors that it sells to electronics designers and manufacturers. It has two segments: Analog and Embedded Processing.

Headquartered in Dallas, TX, Texas Instruments Inc. has 31,003 employees and is currently under the leadership of CEO Richard K. Templeton.

For a complete fundamental analysis analysis of Texas Instruments Inc., check out Equities.com’s Stock Valuation Analysis report for TXN. 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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