In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.
In the latest session, GCT Semiconductor Holding Inc (NYSE: GCTS) closed at $1.21 down -6.20% from its previous closing price of $1.29. In other words, the price has decreased by -$6.20 from its previous closing price. On the day, 1.22 million shares were traded.
Ratios:
For a deeper understanding of GCT Semiconductor Holding Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.17 and its Current Ratio is at 0.22.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, B. Riley Securities on August 28, 2024, initiated with a Buy rating and assigned the stock a target price of $8.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Sep 26 ’24 when Anapass, Inc. bought 741,603 shares for $3.02 per share. The transaction valued at 2,239,641 led to the insider holds 8,017,466 shares of the business.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 10.06.
Stock Price History:
Over the past 52 weeks, GCTS has reached a high of $5.80, while it has fallen to a 52-week low of $1.15. The 50-Day Moving Average of the stock is -23.91%, while the 200-Day Moving Average is calculated to be -48.43%.
Shares Statistics:
A total of 48.25M shares are outstanding, with a floating share count of 28.99M. Insiders hold about 36.82% of the company’s shares, while institutions hold 7.68% stake in the company.
