GCT Semiconductor Holding Inc [GCTS] stock is trading at $1.65, up 8.55%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The GCTS shares have gain 17.02% over the last week, with a monthly amount glided 27.91%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
GCT Semiconductor Holding Inc [NYSE: GCTS] stock has seen the most recent analyst activity on August 28, 2024, when B. Riley Securities initiated its Buy rating and assigned the stock a price target of $8.
GCT Semiconductor Holding Inc [GCTS] stock has fluctuated between $1.15 and $6.03 over the past year. GCT Semiconductor Holding Inc [NYSE: GCTS] shares were valued at $1.65 at the most recent close of the market.
Analyzing the GCTS fundamentals
Gross Profit Margin for this corporation currently stands at 0.56% with Operating Profit Margin at -3.04%, Pretax Profit Margin comes in at -1.31%, and Net Profit Margin reading is -1.36%. To continue investigating profitability, this company’s Return on Assets is posted at -0.62, Equity is 0.21 and Total Capital is 0.68. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -0.73.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.5534 points at the first support level, and at 1.4567 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.7633, and for the 2nd resistance point, it is at 1.8765.
Ratios To Look Out For
For context, GCT Semiconductor Holding Inc’s Current Ratio is 0.29. As well, the Quick Ratio is 0.24, while the Cash Ratio is 0.02. Considering the valuation of this stock, the price to sales ratio is 8.72.
Transactions by insiders
Recent insider trading involved Anapass, Inc., 10% Owner, that happened on Sep 26 ’24 when 0.74 million shares were purchased.
