GCT Semiconductor (NYSE:GCTS – Get Free Report) is expected to 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 Down 4.1 %
NYSE:GCTS opened at $1.86 on Wednesday. GCT Semiconductor has a twelve month low of $1.85 and a twelve month high of $56.00. The stock’s 50 day moving average price is $2.27 and its two-hundred day moving average price is $2.52.
Wall Street Analysts Forecast Growth
Separately, B. Riley lowered their price target on GCT Semiconductor from $8.00 to $5.00 and set a “buy” rating on the stock in a research report on Monday, February 3rd.
About GCT Semiconductor
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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