Pre-Market Technical Recap on Semiconductor Stocks -- Himax Technologies, Sunrun, Cirrus Logic, and First Solar

NEW YORK, August 28, 2017 /PRNewswire/ --

If you want a Stock Review on HIMX, RUN, CRUS, or FSLR then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. DailyStockTracker.com has lined up for review four Semiconductor Specialized equities, namely: Himax Technologies Inc. (NASDAQ: HIMX), Sunrun Inc. (NASDAQ: RUN), Cirrus Logic Inc. (NASDAQ: CRUS), and First Solar Inc. (NASDAQ: FSLR). Zacks reported that IC Insights has doubled its 2017 Semiconductor growth forecast to 11% (previous 5%) because of significant upward revisions in DRAM (up 39%) and NAND (up 25%) sales. The increase will be driven by higher prices: 37% for DRAM and 22% for NAND. Daily Stock Tracker provides great insights on these stocks in its free research reports at:

http://dailystocktracker.com/register/

Himax Technologies 

Shares in Tainan City, Taiwan headquartered Himax Technologies Inc. ended Friday's session 1.81% lower at $8.66 with a total trading volume of 1.46 million shares. The stock has advanced 6.52% in the last month, 29.64% over the previous three months, and 43.38% on an YTD basis. The Company's shares are trading 4.48% above their 50-day moving average and 17.10% above their 200-day moving average. Moreover, shares of Himax Technologies, which provides display imaging processing technologies to consumer electronics worldwide, have a Relative Strength Index (RSI) of 54.64.

On August 04^th, 2017, research firm Robert W. Baird upgraded the Company's stock rating from 'Neutral' to 'Outperform' while revising its previous target price from $6 a share to $10 a share.

On August 21^st, 2017, Himax Technologies announced that it will attend Credit Suisse's 18^th Annual Asian Technology Conference on September 06^th, 2017, to September 08^th, 2017, at the Grand Hyatt Hotel in Taipei, Taiwan. The Company management will host one-on-one meetings with interested investors during the conference dates. Conference participation is by invitation only, and registration is mandatory. Free research report on HIMX is available at:

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Sunrun 

San Francisco, California headquartered Sunrun Inc.'s shares plummeted 8.96%, closing the day at $6.91. A total volume of 2.39 million shares was traded, which was higher than their three months average volume of 1.18 million shares. The stock has surged 39.88% in the previous three months and 30.13% on an YTD basis. The Company's shares are trading 20.34% above their 200-day moving average. Additionally, shares of Sunrun, which engages in the design, development, installation, sale, ownership, and maintenance of residential solar energy systems in the US, have an RSI of 47.67.

On August 24^th, 2017, Sunrun and Comcast announced an agreement designed to accelerate the adoption of solar energy through the installation of the former's leading rooftop solar products and provide consumers with savings on their electric bills. Under the 40-month agreement, Sunrun will be the exclusive residential solar energy provider for Comcast Cable, which will serve as one of its strategic partners through marketing campaigns in selected markets. The complimentary research report on RUN can be downloaded at:
http://dailystocktracker.com/registration/?symbol=RUN

Cirrus Logic 

Last Friday, shares in Austin, Texas headquartered Cirrus Logic Inc. declined 0.02%, closing the session at $55.33. The stock recorded a trading volume of 631,504 shares. The Company's shares are trading 7.70% below their 200-day moving average. Furthermore, shares of Cirrus Logic, which develops, manufactures, and markets analog and mixed-signal integrated circuits for a range of consumer and industrial markets, have an RSI of 36.35.

On August 02^nd, 2017, Cirrus Logic reported financial results for Q1 FY18, which ended June 24^th, 2017. For the quarter, revenue was $320.7 million; GAAP gross margin was 50.4%; and non-GAAP gross margin was 50.5%. For Q1 FY18, GAAP operating expenses were $114.4 million; non-GAAP operating expenses were $95.8 million; GAAP diluted earnings per share (EPS) were $0.64; and non-GAAP diluted EPS was $0.81. Visit DailyStockTracker.com today and access our complete research report on CRUS at:

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First Solar 

Tempe, Arizona headquartered First Solar Inc.'s stock finished the session 0.47% higher at $47.42 with a total trading volume of 816,190 shares. The Company's shares have advanced 5.82% in the last month, 28.72% over the previous three months, and 47.77% on YTD basis. The stock is trading above its 50-day and 200-day moving averages by 8.48% and 33.72%, respectively. Additionally, shares of First Solar, which provides solar energy solutions in the US and internationally, have an RSI of 54.50.

On August 22^nd, 2017, First Solar announced that it has completed the sale of the 280 Megawatt (MW)AC California Flats Solar Project in Monterey County, CA to global private asset manager, Capital Dynamics. Terms of the deal were not disclosed. Located on approximately 2,900 acres of ranch land within the Jack Ranch owned by the Hearst Corporation near the San Luis Obispo and Monterey County borders, California Flats comprises two phases. Get free access to your research report on FSLR at:

http://dailystocktracker.com/registration/?symbol=FSLR

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