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InvenSense, Inc. Message Board

  • rmm3165 rmm3165 May 1, 2014 8:17 PM Flag

    Just looking on a current year P/E basis

    Invn had traded in the last year from about 15 times fiscal 14 earnings (when it was at nine bucks May 1) to 40 times earnings when it was 24 and change. Right now at 17.50 its a little below its average of 27.5 times current year earnings. To get to its average it would have to get back to about twenty bucks, which I see it doing. I am sorry we have a lot of disappointed people here, but this is what this stock does and is just par for the course. This is how it acts as do many of the stocks in this cell phone supplier, wearables, internet of things etc space.

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