Alpha and Omega Semiconductor Ltd. (NASDAQ:AOSL)’s share price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $20.28 and last traded at $19.95, with a volume of 263,858 shares traded. The stock had previously closed at $19.64.

A number of equities research analysts have commented on the company. TheStreet upgraded Alpha and Omega Semiconductor from a “hold” rating to a “buy” rating in a research report on Wednesday, August 10th. Zacks Investment Research upgraded Alpha and Omega Semiconductor from a “hold” rating to a “strong-buy” rating and set a $22.00 price target on the stock in a research report on Tuesday. Finally, B. Riley upgraded Alpha and Omega Semiconductor from a “neutral” rating to a “buy” rating in a research report on Thursday, August 11th. One analyst has rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company’s stock. Alpha and Omega Semiconductor has an average rating of “Buy” and an average target price of $16.63.

The company’s 50 day moving average is $15.35 and its 200 day moving average is $13.32. The firm’s market cap is $463.71 million.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last posted its quarterly earnings data on Wednesday, August 10th. The company reported $0.14 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.05 by $0.09. The business had revenue of $91.40 million for the quarter, compared to the consensus estimate of $87.50 million. Equities research analysts forecast that Alpha and Omega Semiconductor Ltd. will post $0.37 earnings per share for the current year.

In related news, VP Daniel Kuang Ming Chang sold 2,679 shares of Alpha and Omega Semiconductor stock in a transaction on Friday, July 1st. The stock was sold at an average price of $13.83, for a total transaction of $37,050.57. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, COO Yueh-Se Ho sold 75,000 shares of Alpha and Omega Semiconductor stock in a transaction on Thursday, August 11th. The shares were sold at an average price of $15.55, for a total value of $1,166,250.00. The disclosure for this sale can be found here.

Alpha and Omega Semiconductor Limited is a designer, developer and global supplier of power semiconductors. The Company’s portfolio of products targets high-volume applications, including personal computers, flat panel televisions (TVs), light-emitting diode (LED) lighting, smart phones, battery packs, consumer and industrial motor controls and power supplies for TVs, computers, servers and telecommunications equipment.

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