Stock Of GCT Semiconductor Holding Inc. (NYSE: GCTS) Dropped By -38.73 Percent Over The Past Month, Is There Room For Downside?

GCT Semiconductor Holding Inc. (NYSE:GCTS)’s traded shares stood at 0.7 million during the last session, with the company’s beta value hitting 1.11. At the close of trading, the stock’s price was $2.99, to imply a decrease of -5.68% or -$0.18 in intraday trading. The GCTS share’s 52-week high remains $56.00, putting it -1772.91% down since that peak but still an impressive -1.67% since price per share fell to its 52-week low of $3.04. The company has a valuation of $141.43M, with an average of 1.36 million shares in intraday trading volume over the past 10 days and average of 439.82K shares over the past 3 months.

GCT Semiconductor Holding Inc. (NYSE:GCTS) trade information

After registering a -5.68% downside in the last session, GCT Semiconductor Holding Inc. (GCTS) has traded red over the past five days. The 5-day price performance for the stock is -14.57%, and -38.73% over 30 days. With these gigs, the year-to-date price performance is -71.69%. Short interest in GCT Semiconductor Holding Inc. (NYSE:GCTS) saw shorts transact 0.68 million shares and set a 4.78 days time to cover.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

GCTS Dividends

GCT Semiconductor Holding Inc. has its next earnings report out in September. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

We also have Merger Fund, The and Fidelity Extended Market Index Fund as the top two Mutual Funds with the largest holdings of the GCT Semiconductor Holding Inc. (GCTS) shares. Going by data provided on Mar 31, 2024 , Merger Fund, The holds roughly 177.62 shares. This is just over 0.38% of the total shares, with a market valuation of $0.53 million. Data from the same date shows that the other fund manager holds a little less at 182.08, or 0.38% of the shares, all valued at about 0.54 million.