Melexis (OTCMKTS:MLXSF) Stock Price Down 3.9% – What’s Next?

Shares of Melexis NV (OTCMKTS:MLXSFGet Free Report) fell 3.9% during mid-day trading on Friday . The company traded as low as $61.52 and last traded at $61.52. 9 shares changed hands during trading, a decline of 98% from the average session volume of 565 shares. The stock had previously closed at $64.02.

Melexis Trading Down 3.9%

The business has a 50-day simple moving average of $63.97 and a 200-day simple moving average of $63.55.

Melexis Company Profile

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Melexis NV designs, develops, tests, and markets advanced integrated semiconductor devices primarily for the automotive industry in Europe, the Middle-East, Africa, the Asia Pacific, and North and Latin America. The company provides magnetic position, current, latch and switch, inductive position, speed, pressure, tire monitoring, temperature, and optical sensors ICs and time-of-flight; embedded motor, smart, fan and pump, smart LED, and pre-driver ICs; embedded lighting; and LIN transceiver, CAN transceiver, and RFID transceivers.

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