Lattice Semiconductor (LSCC, Financial) experienced a notable stock fluctuation, with its price dropping by 5.04%. At the latest quote, the stock was priced at $51.78 per share, with a trading volume of 630,682 shares and a turnover rate of 0.46%. The stock's price oscillated with a range of 4.53%.
The company's recent financial report revealed a revenue of $127 million and a net profit of $7.19 million, translating to an earnings per share (EPS) of $0.05. The gross profit stood at $77.65 million, and the price-to-earnings (P/E) ratio was reported at 50.82.
Analyst ratings show that among the 15 institutions evaluating the stock, 80% recommend buying, 13% suggest holding, and 7% advise selling. The broader semiconductor sector saw a decline of 2.39%. Within the same sector, stocks like Xuming Optoelectronics, Peraso Inc., and Sequans Communications recorded significant gains.
Notably active stocks included Xuming Optoelectronics, Wolfspeed, Inc., and Peraso Inc., with turnover rates of 118.53%, 7.43%, and 4.95% respectively. Stocks showing higher volatility included Xuming Optoelectronics, Haowei, and Sealsq Corp, with fluctuations of 30.25%, 17.98%, and 15.19% respectively.
Lattice Semiconductor is a developer of semiconductor technology, distributing through products, solutions, and licenses. The company operates within consumer, communication, and industrial markets, focusing on its core business that includes silicon products, evaluation boards, and related intellectual property services. Lattice's global presence sees most of its sales coming from Asian clients.
