MIPS Technologies Shares Up 8.1% (MIPS)

Shares of MIPS Technologies, Inc. MIPS are trading up 8.1% at $15.87 per share during the Thursday afternoon trading session. The day's trading range for shares of MIPS Technologies, Inc has been between $14.80 and $15.90 per share. Analysts covering MIPS Technologies, Inc. (MIPS)stock give it a consensus price target of $15.25 per share. Trading volume for MIPS Technologies, Inc has been heavier than usual, with 2.9 million shares having been traded today, already well above the daily average volume of 2.4 million shares. MIPS Technologies, Inc is a leading provider of industry-standard processor architectures and cores that power some of the world's most popular products for the home entertainment, communications, networking and portable multimedia markets. Read more from Benzinga's Company news.