GCT Semiconductor (NYSE:GCTS – Get Free Report) is expected to be releasing its earnings data before the market opens on Thursday, March 6th. Analysts expect GCT Semiconductor to post earnings of ($0.15) per share and revenue of $2.03 million for the quarter.
GCT Semiconductor Trading Up 1.6 %
Shares of GCT Semiconductor stock opened at $1.95 on Tuesday. GCT Semiconductor has a 52 week low of $1.86 and a 52 week high of $56.00. The firm’s 50 day moving average is $2.28 and its two-hundred day moving average is $2.53.
Wall Street Analysts Forecast Growth
Separately, B. Riley dropped their price target on shares of GCT Semiconductor from $8.00 to $5.00 and set a “buy” rating on the stock in a research note 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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