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Tickers in this Article: MRVL, GTAT, TTMI, MFLX, UTEK, CRUS, POWI
The Nasdaq is up 0.3%, the S&P 500 has moved up 0.1% and the Dow is trading down 0.1% so far today.

The Semiconductors sector (XLK) has climbed 0.4% overall, and these are the biggest movers in the sector so far:
CompanyMarket CapPercentage Change
Marvell Technology (Nasdaq:MRVL)$6.92 billion-15.1%
GT Advanced Technologies (Nasdaq:GTAT)$728.7 million+6.7%
TTM Technologies (Nasdaq:TTMI)$773.4 million+3.8%
Multi-Fineline Electronix (Nasdaq:MFLX)$558.6 million+3.5%
Ultratech (Nasdaq:UTEK)$896.3 million+2.3%
Cirrus Logic (Nasdaq:CRUS)$2.53 billion+1.6%
Power Integrations (Nasdaq:POWI)$1.01 billion+1.4%
Broker Summary: E-Trade Financial

Marvell Technology (Nasdaq:MRVL) is currently trading at $10.43 per share, after a steep drop of 15.1%. This morning, the company's volume is 30.7 million shares. This is 3.1 times its average daily volume. The trading volume for a stock indicates the level of investor interest. Valuation ratios like the price to earnings (P/E) ratio, the price to earnings growth (PEG) ratio, the price to sales (P/S) ratio, the price to book (P/B) ratio, and the dividend yield are useful in determining how attractive a potential or existing investment is. The assumption with high price/earnings stocks (generally of the growth variety) is that investors are willing to buy at a high price because they believe that the stock has significant growth potential, and the price/earnings to growth (PEG) ratio helps investors determine the degree of reliability of that growth assumption. MRVL's PEG ratio of 1.02 is in line with the industry average. While P/E ratios are important indicators of market value, a high P/E in and of itself is not bad because it may indicate a company whose earnings are growing very rapidly, so many investors look at the PEG ratio in order to get an idea of whether or not a particular P/E ratio is justified by underlying earnings growth.

GT Advanced Technologies (Nasdaq:GTAT) has risen 6.7% and is currently trading at $6.55 per share. At 5.7 million shares, the company's volume so far today is 2.5 times the average volume over the last three months. Volume indicates the level of interest that investors have in a company at its current price. While investment valuation ratios are useful tools in estimating the attractiveness of an investment, remember that it is important to look at a company's historical performance and compare the company ratios with its competitors and industry overall. The easy-to-calculate debt ratio is helpful to investors looking for a quick take on the leverage for a company. GTAT has a high debt ratio of 67.7%. This might mean that the company now has low borrowing capacity, which reduces it's financial flexibility. As with all financial ratios, a company's debt ratio should be compared with the industry average or similar companies.

TTM Technologies (Nasdaq:TTMI) has risen 3.8% to hit a current price of $9.80 per share. The company is currently trading a volume of 209,446 shares. When a stock price moves up or down, watching the volume is a good way of identifying how significant that shift is. Investors can use valuation ratios as tools to estimate what kind of deal a particular investment is. In a nutshell, the price/sales ratio shows how much Wall Street values every dollar of the company's sales. The P/S ratio for TTMI is 0.57, which is relatively low. A company with a lower P/S ratio is generally considered more attractive, since investors are paying less for each dollar of sales. It is important to keep in mind when looking at the P/S ratio that just because a company is generating revenues, this does not mean that the company is profitable, and in the long run, profits drive stock prices.

Multi-Fineline Electronix (Nasdaq:MFLX) is at $24.34 per share after an increase of 3.5%. So far today, 13,812 shares have changed hands, on pace to finish the day below yesterday's volume of 59,392 shares. Volume is used to evaluate how meaningful the price movement of a stock is. Investment valuation ratios provide investors with an estimation, albeit a simplistic one, of the value of a stock. If the price/book value ratio of a stock is high, it may indicate that the stock is expensive, while a lower ratio may indicate that the stock is a bargain. The P/B ratio for MFLX is 1.31, indicating that the stock is trading for more than its book value. This implies that investors expect management to create more value from a given set of assets and/or that the market value of the firm's assets is significantly higher than their accounting value. One problem with the P/B value ratio is that it can be difficult to calculate the true book value of a company, so investors should be aware that many measures of book value may provide only a rough estimate, and should be taken with a grain of salt. SEE: Investment Valuation Ratios: Price/Book Value Ratio

Ultratech (Nasdaq:UTEK) is currently trading at $34.70 per share, a 2.3% increase. So far this morning, 77,959 shares have changed hands. This is 0.4 times its current daily average. Volume is also used as a secondary indicator to help confirm what the price movement is suggesting. A wide array of ratios can be used by investors to estimate the attractiveness of a potential or existing investment and get an idea of its valuation. The P/E ratio has been used for ages by analysts and still remains one of the most relevant pieces of stock valuation. Relative to the industry P/E ratio of 76.12, UTEK's 20.2 is low. A low P/E might arise due to substantial inherent risk of the firm and its operations, poor return on equity, or improper valuation of the market. From the investor's perspective, a stock with a lower ratio is relatively cheaper than a stock with a higher ratio. SEE: Can Investors Trust the P/E Ratio?

Increasing 1.6%, Cirrus Logic (Nasdaq:CRUS) is trading at $39.85 per share. The company's volume is currently 862,017 shares for the day, 0.3 times the current three-month average. If a stock price makes a big move up or down, volume lets us know the significance of that move. Investors can make use of valuation ratios to estimate whether a stock is fairly valued. The price/earnings to growth (PEG) ratio compares a company's P/E ratio to its earnings-per-share growth rate, which tells you whether or not you are getting a good value when purchasing a stock with a high price/earnings ratio (P/E ratio). CRUS' PEG ratio is 1.5. Because of the adjustment for earnings growth rate, the PEG ratio is somewhat more useful than many formulas for comparing companies in different industries.

Power Integrations (Nasdaq:POWI) has moved up 1.4% and is currently trading at $35.46 per share. So far today, the company's volume is 72,564 shares. A stock's volume conveys how excited investors are about it. In making a decision about a potential or existing investment, valuation ratios are useful as a basis for seeing whether the stock price is too high, reasonable, or a bargain. The debt ratio is calculated by dividing total liabilities by total assets. POWI has a debt ratio of 19.5%, which is fairly low. This indicates that the company engages in conservative financing with opportunities to borrow in the future at no significant risk. However, one thing to note with this ratio: it isn't a pure measure of a company's debt (or indebtedness), as it also includes operational liabilities, such as accounts payable and taxes payable.

The Bottom Line The nature of the market is such that stocks will have good days and bad days. Daily stock performance should be weighed against historical performance and put in context of the market overall. However, these fundamental metrics must be analyzed with historic data, industry information in addition to firm specific financial statements.

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