SiTime Corp’s Stock Surges Above 200-Day Moving Average

In trading on Thursday, shares of SiTime Corp (Symbol: SITM) rose above their 200-day moving average of $176.86, reaching a high of $192.45 per share. As of now, SiTime Corp shares are up approximately 9.9% for the day.

The performance chart below illustrates the one-year trajectory of SITM shares compared to its 200-day moving average:

Examining the chart, SITM’s low point for the past 52 weeks was $105.40 per share, while its 52-week high reached $268.18. The last trade recorded was at $183.69.

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