GCT Semiconductor (NYSE:GCTS – Get Free Report) will likely be issuing its quarterly earnings data before the market opens on Thursday, March 6th. Analysts expect the company to announce earnings of ($0.15) per share and revenue of $2.03 million for the quarter.
GCT Semiconductor Stock Performance
Shares of GCTS opened at $1.95 on Tuesday. The company’s 50 day simple moving average is $2.28 and its 200-day simple moving average is $2.53. GCT Semiconductor has a 12-month low of $1.86 and a 12-month high of $56.00.
Wall Street Analyst Weigh In
Separately, B. Riley lowered their target price on shares of GCT Semiconductor from $8.00 to $5.00 and set a “buy” rating on the stock in a research report on Monday, February 3rd.
GCT Semiconductor Company Profile
GCT Semiconductor Holding, Inc, operates as a fabless semiconductor company, designs, develops, and markets integrated circuits for the wireless semiconductor industry. The company provides RF and modem chipsets based on 4G LTE technology, including 4G LTE, 4.5G LTE Advanced, and 4.75G LTE Advanced-Pro.
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