GCT Semiconductor Holding, Inc. (NYSE:GCTS – Get Free Report)’s share price rose 4.6% during trading on Friday . The company traded as high as $5.23 and last traded at $5.21. Approximately 993,699 shares changed hands during trading, an increase of 73% from the average daily volume of 575,723 shares. The stock had previously closed at $4.98.
GCT Semiconductor Trading Up 4.6 %
The company has a 50 day moving average of $5.02.
GCT Semiconductor (NYSE:GCTS – Get Free Report) last announced its quarterly earnings data on Tuesday, May 14th. The company reported ($0.41) earnings per share for the quarter. The firm had revenue of $3.27 million for the quarter.
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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