GCT Semiconductor Holding Inc. (GCTS) saw an uptrend of 20.12% in the recent trading with $6.09 being its most recent. The current price level -89.12% lower than the highest price of $56.00 marked by the stock while trading over the past 52-weeks, whereas it is 60.26% higher than the lowest price of $3.80 the company dropped to over past 52-weeks. The latest news story on GCTS appeared in (Business Wire) under the title “Aramco and GCT Semiconductor Holding, Inc. Sign MOU to Accelerate the Development of the 4G and 5G Ecosystem in Saudi Arabia”.
Squeezing the time span to 30 day period shows us the stock is currently trading -48.82% below one month high and is +60.26% above of the lowest during that time. Looking into the simple moving average, GCT Semiconductor Holding Inc. (GCTS)’s stock stands at a SMA-50 of $9.69 while that of 5-day is reading $5.15.
Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and GCTS’s SMA-200 as of now is $10.33.
GCT Semiconductor Holding Inc. Earnings – What Happened With GCTS
Coming around sales and income figures on GCTS Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.
GCTS – GCT Semiconductor Holding Inc. Stock Earnings Estimates
— analysts covering the stock at Wall Street were agreed upon that EPS consensus.
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 8.62 million. GCTS does have institutional investors; and they hold 36.60% of the stock.
GCT Semiconductor Holding Inc. – Insider Activity and Holdings
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, GCT Semiconductor Holding Inc. has a debt to equity ratio of 0.00.
Technical Analysis of GCT Semiconductor Holding Inc. (NYSE:GCTS) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for GCT Semiconductor Holding Inc. (GCTS), we notice that the stock’s 20-day average volume is at 688,535 shares and 50% of short term indicators are suggesting the stock as Sell. Medium term indicators at an average of 100% are spotting the stock at Sell with its 50-day average volume of 1,043,750 shares. And to end, GCTS’s 100-day average volume is 547,898 shares with 100% of the long-term indicators pointing towards Sell for the stock.
