Pixelworks Inc. (PXLW, Financial) experienced significant stock volatility with an 8.11% drop in its share price, now trading at $0.763. The trading volume reached 47,173 shares, indicating a turnover rate of 0.08% and a price fluctuation amplitude of 3.48%.
In recent financial disclosures, Pixelworks reported revenue of $8.54 million and a net loss of $10.15 million, translating to an earnings per share (EPS) of -$0.17. The company's gross profit stood at $4.34 million, leading to a negative price-to-earnings (P/E) ratio of -1.82. Currently, there are no institutional ratings suggesting "buy," "hold," or "sell" for PXLW.
Within the semiconductor sector, where Pixelworks operates, the overall decline was 0.12%. Among its peers, the stocks of Daqo New Energy, Hauwei, and Sealsq Corp saw notable increases, while Wolfspeed, Inc., Aehr Test Systems, and WiSA Technologies showed more active trading, with turnover rates of 8.04%, 3.15%, and 1.92%, respectively. Stocks with large price fluctuations included Hauwei, Pixelworks, and Smartkem, Inc., with amplitudes of 24.57%, 15.36%, and 12.12% respectively.
Pixelworks Inc. is a provider of visual processing semiconductor and software solutions, aiming to deliver consistent and authentic viewing experiences across various applications. Its primary market focus includes mobile devices, home and enterprise sectors, and cinema markets. Most of its revenue is generated from the mobile and home/enterprise markets, with a significant portion coming from China.
