SiTime (SITM) Moves 5.1% Higher: Will This Strength Last?

The increase in share price can be attributed to robust demand for the company's diversified product portfolio. The company is also expanding its portfolio through acquisitions. Alongside its innovative products, SiTime is benefiting from strength in its single-source business and increased design wins. For SiTime, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate re ...