Integrated Silicon (ISSI) has been initiated today with coverage from the research analysts at Northland Securities. Northland begins this new coverage of ISSI with an initial price target set at $11.50 and rates performance of ISSI as “outperform.” ISSI is currently down during intraday trading.
Integrated Silicon is slated to release their next earnings report on July 27th, 2011 and is estimated to post EPS of 27 cents. Their last earnings report was released on April 27th, 2011 and announced EPS of 20 cents with revenue totaling $63.3 million which was up 11.1 % year to year. ISSI is currently trading below its 50 & 200-day moving averages however 2011 is currently an up year for the company.
Integrated Silicon is a fabless semiconductor company that designs and markets high performance integrated circuits. Their primary products are low and medium density DRAM in both package and Known Good Die (KGD) form and high speed and low power SRAM. The company has market capitalization of $240,000,000 and 26,604,000 shares outstanding. ISSI has a 52-week high of $11.79 with the low being $6.60 dollars.
