36.6 F
New York
Wednesday, January 27, 2021

Microchip Technology [NASDAQ: MCHP] Launch An M-Code Server

Must read

JPMorgan [NYSE: JPM] Announced To Initiate A Digital Retail Bank In The United Kingdom

JPMorgan Chase revealed that the company will launch a new digital retail bank in the United Kingdom offering the customer of the region...

Humanigen [NASDAQ: HGEN] Announces Expansion Of Manufacturing Agreement With Ajinomoto Bio-Pharma

Humanigen Inc revealed that the company has extended the manufacturing agreement with  Ajinomoto BioPharma to support the fill-finish of Lenzilumab. The Lenzilumab is...

Synchrony [NYSE: SYF] Announced To Purchase Allegro Credit

Synchrony Financials revealed that the company entered into a definitive contract to Purchase Allegro Credit. Allegro Credit's customer base and merchant network will...

Vericel Corp [NASDAQ: VCEL] Names Joe Mara As The New CFO

Vericel Corporation revealed that the company has named Joe Mara as the CFO of the company. He has over more than 20 years...

Microchip Technology [NASDAQ: MCHP] disclosed today that its SyncServer S650 M-code Time server has secured consent from the US Air Force GPS Directorate of the LA Air Force Base. The approval allows the company to use this in support of the Military communications system, networks, and radar.

Various cybersecurity risks and threats from intentional jamming and spoofing of US GPS highlights the need for powerful and more secure time and frequency systems that ensure smooth performance.

The new SyncServer S650 M-Code Time and Frequency Instrument have the ability to give unprecedented synchronization flexibility and performance using Microchip FlexPort technology.

The GPS M-Code referenced S650 is made for high security, modern military electronics, and networks that need best-in-class synchronization performance easily adaptable to a wide range of applications.

MCHP shares traded down 1.67% during the trading of Thursday. It has closing price of $100.98 and opened at $100.52. MCHP had a trading volume of 131.45K as compared to the average volume of 3.02 million.

If we look at the profitability of Microchip Technology, it has return on assets (ROA) of 3.20%, return on equity (ROE) of 10.40% and return on investment (ROI) of 7.00%. Its Gross Margin is 61.50%, Profit Margin is 10.80%, and an Operating Margin is 12.20%.

Looking at its liquidity, its quick ratio is 0.90 and a current ratio is 1.40. In the past 52-weeks of trading, its stocks have fluctuated between the low of $53.15 and a high of $113.28. Micochip Technology Inc. has moved up 93.21% from its 52-weeks low and moved down -9.35% from its 52-weeks high.

SyncServer S650 has unparalleled flexibility which combines best of time and frequency instrumentation with unique flexibility. It offers 10 MHz low phase noise options. Its base Timing I/O module with eight BNC connectors comes standard with the most popular timing I/O signals (IRIG B, 10 MHz, 1PPS, and so on).

More articles

Latest article

A Paychex [NASDAQ: PAYX] Subsidiary Announces Strategic Collaboration With Zoho Books

SurePayroll, a subsidiary of Paychex company revealed that the company has formed a collaboration with Zoho books. SurePAyroll is a provider of small...

MGP Ingredients [NASDAQ: MGPI] Announced To Acquire Luxco and Its Affiliate Companies

MGP Ingredients  revealed a definitive contract to purchase Luxco, Inc and its affiliated companies. Luxco is an alcohol beverage company with more than 60...

Conformis [NASDAQ: CFMS] Entered A Non-Exclusive agreement with SITES Medical

Conformis Inc revealed that the company inked a development and supply contract with sites medical. Both of the companies will work together to...

Colliers International [NASDAQ: CIGI] Announces Executive Leadership Changes For Australian Business

Colliers International  reported that the company has named Malcom Tyson as the new Chief Executive Officer. He is appointed as the CEO so...

Korn Ferry [NYSE: KFY] Announces Expansion Of Its Footprint In Russian Market

Korn Fery revealed that the company is expanding its footprint in Russia. Moreover, it is adding a high expertise team of executive search...

Haemonetics [NYSE: HAE] To Purchase Cardiva For An Upfront Payment Of $475M

Haemonetics Corporation revealed that the company has inked a definitive contract to purchase Cardiva Medical Inc. Under the contract, Haemontics will pay an...

Philips [NYSE: PHG] To Purchase Capsule Technologies For Cash Consideration Of USD 635M

Koninklijke Philip revealed that the company has inked a contract to purchase Capsule technologies. The company will pay a cash price of $636...

Thermo Fisher Scientific [NYSE: TMO] To Purchase Mesa Biotech For Approx. $450M In Cash

Thermo fisher scientific inc revealed that the company has signed a definitive contract to purchase Mesa Biotech. Thermo will pay a value price...