Tech Stocks Under Scanner -- HP Inc., Cray, Silicon Motion Technology, and MicroVision

NEW YORK, February 8, 2017 /PRNewswire/ --

On Tuesday, February 07, 2017, the NASDAQ Composite ended the trading session at 5,674.22, up 0.19%; the Dow Jones Industrial Average edged 0.19% higher, to finish at 20,090.29; and the S&P 500 closed at 2,293.08, slightly advancing by 0.02%. US markets were mixed as four sectors ended positively, four sectors finished the day in negative, and one sector closed flat. This Wednesday, Stock-Callers.com has initiated reports coverage on the following Tech equities: HP Inc. (NYSE: HPQ), Cray Inc. (NASDAQ: CRAY), Silicon Motion Technology Corporation (NASDAQ: SIMO), and MicroVision Inc. (NASDAQ: MVIS). Learn more about these stocks by downloading their free research reports in PDF format at:

http://stock-callers.com/registration

HP Inc. 

On Tuesday, shares in Palo Alto, California headquartered HP Inc. ended the session 1.11% higher at $15.43 with a total volume of 12.33 million shares traded. HP Inc.'s shares have advanced 2.87% in the last one month and 5.79% in the previous three months. Furthermore, the stock has rallied 71.00% in the past one year. Shares of the Company, which provides products, technologies, software, solutions, and services to individual consumers and small- and medium-sized businesses, as well as to the government, health, and education sectors worldwide, are trading at a PE ratio of 10.08. The stock is trading 2.22% above its 50-day moving average and 10.17% above its 200-day moving average. Moreover, the Company's shares have a Relative Strength Index (RSI) of 58.67. Sign up and read the free research report on HPQ at:

http://stock-callers.com/registration/?symbol=HPQ

Cray Inc. 

On Tuesday, shares in Seattle, Washington headquartered Cray Inc. recorded a trading volume of 492,533 shares. The stock ended the day 2.88% higher at $17.85. The Company is trading below its 50-day and 200-day moving averages by 6.69% and 28.44%, respectively. Furthermore, shares of Cray, which together with its subsidiaries, designs, develops, manufactures, markets, and services high-performance computing systems, have an RSI of 49.67. The complimentary research report on CRAY can be downloaded at:

http://stock-callers.com/registration/?symbol=CRAY

Silicon Motion Technology  

Zhubei City, Taiwan headquartered Silicon Motion Technology Corp.'s stock finished Tuesday's session 0.41% lower at $38.93 with a total volume of 360,015 shares traded. Silicon Motion Technology's shares have surged 30.21% in the past one year. The Company's shares are trading below its 50-day and 200-day moving averages by 10.23% and 16.09%, respectively. Shares of Silicon Motion Technology, which designs, develops, and markets semiconductor solutions for the mobile storage and mobile communications markets worldwide, are trading at a PE ratio of 14.06. Moreover, the stock has an RSI of 36.13.

On January 20^th, 2017, research firm Nomura downgraded the Company's stock rating from 'Buy' to 'Neutral'. Register for free on Stock-Callers.com and access the latest report on SIMO at:

http://stock-callers.com/registration/?symbol=SIMO

MicroVision  

Redmond, Washington headquartered MicroVision Inc.'s stock surged 14.10%, to close the day at $1.78. The stock recorded a trading volume of 1.35 million shares, which was above its three months average volume of 579,350 shares. MicroVision's shares have surged 36.92% in the last one month and 67.92% in the previous three months. The Company's shares are trading 31.58% and 16.59% above its 50-day and 200-day moving averages, respectively. Additionally, shares of the Company, which develops PicoP scanning technology that can be used by its customers to create miniature projection and three-dimensional sensing and image capture solutions in the US, have an RSI of 65.20.

On January 26^th, 2017, research firm Ladenburg Thalmann initiated a 'Buy' rating on the Company's stock, with a target price of $4.50 per share. Get free access to your research report on MVIS at:

http://stock-callers.com/registration/?symbol=MVIS

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