Trade Allegro MicroSystems, Inc. - ALGM CFD

Trading Conditions

• Spread: 0.13
• Long position overnight feeLong position overnight feeMargin. Your investmentUS$1,000.00Overnight feeCharges from full value of position-0.026179 %(-US$1.05)Trade size with leverage ~ US$5,000.00Short position overnight fee ~ US$4,000.00Go to platform: -0.026179%
• Short position overnight feeShort position overnight feeMargin. Your investmentUS$1,000.00Overnight feeCharges from full value of position0.003957 %(US$0.16)Trade size with leverage ~ US$5,000.00Short position overnight fee ~ US$4,000.00Go to platform: 0.003957%
• Overnight fee time: 21:00 (UTC)
• Currency: USD
• Min traded quantity: 1
• Margin: 20
• Stock exchange: United States of America
• Commission on trade: 0%

• Margin. Your investment: US$1,000.00
• Overnight feeCharges from full value of position: -0.026179 %
  (-US$1.05)

• Margin. Your investment: US$1,000.00
• Overnight feeCharges from full value of position: 0.003957 %
  (US$0.16)

Key Stats

• Prev. Close: 28.71
• Open: 28.51
• 1-Year Change: -30.6%
• Day's Range: 28.51 - 29.17

Allegro MicroSystems, Inc. Company profile

About Allegro MicroSystems Inc

Allegro MicroSystems Inc. (Allegro) is a designer, developer, fabless manufacturer and marketer of sensor integrated circuits (ICs) and application-specific analog power ICs enabling the technologies in the automotive and industrial markets. The Company’s magnetic sensor ICs enable its customers to measure motion, speed, position and current, while its power ICs include high-temperature and high-voltage capable motor driver, power management and light emitting diode (LED) driver ICs. The Company’s photonics portfolio provides eye-safe distance measurement and three-dimensional (3D) imaging solutions. Its portfolio of magnetic sensor ICs includes position sensor ICs, speed sensor ICs and current sensor ICs. Allegro’s diverse product portfolio provides various solutions for the electrification of vehicles, automotive advanced driver assistance systems (ADAS) safety features, automation for Industry 4.0 and power saving technologies for data centers and green energy applications.

Financial summary

BRIEF: For the 39 weeks ended 24 December 2021, Allegro MicroSystems Inc revenues increased 37% to $568.4M. Net income increased from $9.3M to $93.8M. Revenues reflect Magnetic sensors (“MS”) segment increase of 38% to $371.8M, Power integrated circuits (‘PIC”) segment increase of 33% to $195.1M, Japan segment increase of 54% to $112.1M, Europe segment increase of 38% to $97.1M.

Equity composition

Common Stock $.01 Par, Shares auth. and s/o after the offering: 50M auth., 25,000,000 issd. Insiders control 1% (before offering). 08/08, Company withdrawn its IPO.