Allegro Microsystems Inc

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Allegro Microsystems Inc (ALGM) Price Performance

Allegro Microsystems Inc (ALGM) trades on United States in USD. The company is classified in the Technology sector under the Semiconductors industry. The stock currently trades at $41.28, up 3.20% from the previous close.

Over the past year, ALGM has traded between a low of $17.52 and a high of $42.81. The stock has gained 135.6% over this period. It is currently 135.6% above its 52-week low.

Allegro Microsystems Inc has a market capitalization of $5.77B.

About Allegro Microsystems Inc

Allegro MicroSystems, Inc., together with its subsidiaries, designs, develops, manufactures, and markets sensor integrated circuits (ICs) and application-specific power ICs for motion control and energy-efficient systems. Its products include magnetic sensor ICs, such as position, speed, and current sensor ICs; and power ICs comprising motor driver ICs, such as regulator, power management ICs, and LED driver ICs, and isolated gate drivers. The company sells its products to original equipment manufacturers and distributors primarily in the automotive and industrial markets through its direct sales force, third party distributors, independent sales representatives, and consignment. It operates in the United States, rest of the Americas, Europe, Japan, Greater China, South Korea, and other Asian markets. The company was founded in 1990 and is headquartered in Manchester, New Hampshire.