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In trading on Tuesday, shares of Applied Micro Circuits Corp. (NASDAQ:AMCC) crossed above their 200 day moving average of $10.31, changing hands as high as $10.54 per share. Applied Micro Circuits Corp. shares are currently trading up about 1.2% on the day. The chart below shows the one year performance of AMCC shares, versus its 200 day moving average:
Looking at the chart above, AMCC's low point in its 52 week range is $8.80 per share, with $12.48 as the 52 week high point — that compares with a last trade of $10.35.
According to the ETF Finder at ETF Channel, AMCC makes up 1.65% of the SPDR S&P Semiconductor ETF (AMEX:XSD) which is trading higher by about 1% on the day Tuesday.
AMCC operates in the Semiconductors sector, among companies like Cirrus Logic, Inc. (NASDAQ:CRUS) which is up about 0.6% today, and Suntech Power Holdings Co Ltd (NYSE:STP) trading up by about 3.2%. Below is a three month price history chart comparing the stock performance of AMCC, versus CRUS and STP.
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