(MENAFN- Investor Brand Network) Xilinx Inc. (NASDAQ:XLNX) traded at a new 52-week high today of $165.46. This new high was reached on below average trading volume as 440,000 shares traded hands, while the average 30-day volume is approximately 1.6 million shares.
Xilinx Inc. (NASDAQ:XLNX) defies analysts with a current price ($165.27) 16.5% above its average consensus price target of $138.07.
Founded in 1984, Xilinx is the leader in FPGAs by market share. Its chips are critical in the performance of various devices in the communications, data processing, industrial, consumer, and automotive markets.
Over the past year, Xilinx Inc. has traded in a range of $110.91 to $165.46 and is now at $165.27, 49% above that low.
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