In Thursday’s Wall Street session, GCT Semiconductor Holding Inc (NYSE:GCTS) shares traded at $1.41, down -2.08% from the previous session.
GCTS stock price is now 5.89% away from the 50-day moving average and -31.16% away from the 200-day moving average. The market capitalization of the company currently stands at $74.58M.
With the price target of $8, B. Riley Securities recently initiated with Buy rating for GCT Semiconductor Holding Inc (NYSE: GCTS).
In other news, Shin Hyunsoo, Class II Director bought 85,000 shares of the company’s stock on Jun 10 ’25. The stock was bought for $100,200 at an average price of $1.18. Upon completion of the transaction, the Class II Director now directly owns 492,248 shares in the company, valued at $0.69 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 05 ’25, Class II Director Shin Hyunsoo bought 80,000 shares of the business’s stock. A total of $82,187 was incurred on buying the stock at an average price of $1.03. This leaves the insider owning 407,248 shares of the company worth $0.57 million. A total of 37.67% of the company’s stock is owned by insiders.
During the past 12 months, GCT Semiconductor Holding Inc has had a low of $0.90 and a high of $5.45. The fifty day moving average price for GCTS is $1.3316 and a two-hundred day moving average price translates $2.0482 for the stock.
The latest earnings results from GCT Semiconductor Holding Inc (NYSE: GCTS) was released for 2025-03-31. The company reported revenue of $0.5 million for the quarter, compared to $3.27 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -84.81 percent.
