What Is The Performance Outlook For GCT Semiconductor Holding Inc (NYSE: GCTS) In The Coming Months?

In the last trading session, 1.21 million GCT Semiconductor Holding Inc (NYSE:GCTS) shares changed hands as the company’s beta touched 1.18. With the company’s per share price at $1.42 changed hands at -$0.06 or -4.05% during last session, the market valuation stood at $75.11M. GCTS’s last price was a discount, traded about -283.8% off its 52-week high of $5.45. The share price had its 52-week low at $0.90, which suggests the last value was 36.62% up since then. When we look at GCT Semiconductor Holding Inc’s average trading volume, we note the 10-day average is 0.9 million shares, with the 3-month average coming to 633.04K.

GCT Semiconductor Holding Inc (NYSE:GCTS) trade information

Instantly GCTS was in red as seen at the end of in last trading. With action -2.74%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -73.41%, with the 5-day performance at -2.74% in the red. However, in the 30-day time frame, GCT Semiconductor Holding Inc (NYSE:GCTS) is 33.96% up. Looking at the short shares, we see there were 1.63 million shares sold at short interest cover period of 1.4 days.

The 2025 estimates are for GCT Semiconductor Holding Inc earnings to decrease by -60.00%.

GCTS Dividends

GCT Semiconductor Holding Inc is expected to release its next quarterly earnings report on 2025-May-14.

GCT Semiconductor Holding Inc (NYSE:GCTS)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 23.23% of GCT Semiconductor Holding Inc shares while 13.54% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 17.64%. There are 13.54% institutions holding the GCT Semiconductor Holding Inc stock share, with BLACKROCK INC. the top institutional holder. As of 2024-06-30, the company held 1.7687% of the shares, roughly 0.78 million GCTS shares worth $4.06 million.

VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 1.2588% or 0.55 million shares worth $2.89 million as of 2024-06-30.