Understanding the Recent Fluctuations of Lattice Semiconductor Corp.’s (LSCC) Stock

In the past week, LSCC stock has gone up by 14.43%, with a monthly gain of 10.41% and a quarterly surge of 32.33%. The volatility ratio for the week is 3.85%, and the volatility levels for the last 30 days are 3.59% for Lattice Semiconductor Corp. The simple moving average for the last 20 days is 1.75% for LSCC stock, with a simple moving average of Feb 12 AMC for the last 200 days.

Is It Worth Investing in Lattice Semiconductor Corp. (NASDAQ: LSCC) Right Now?

Lattice Semiconductor Corp. (NASDAQ: LSCC) has a price-to-earnings ratio that is above its average at 47.37x. and a 36-month beta value of 1.35.

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The public float for LSCC is 136.30M, and at present, short sellers hold a 9.40% of that float. On February 12, 2024, the average trading volume of LSCC was 2.15 shares.

LSCC) stock’s latest price update

Lattice Semiconductor Corp. (NASDAQ: LSCC)’s stock price has plunge by 71.91relation to previous closing price of 76.73. Nevertheless, the company has seen a 14.43% surge in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-02-09 that Lattice’s (LSCC) fourth-quarter 2023 results are likely to reflect strength across industrial, automotive and computing end markets.

Analysts’ Opinion of LSCC

Many brokerage firms have already submitted their reports for LSCC stocks, with Deutsche Bank repeating the rating for LSCC by listing it as a “Buy.” The predicted price for LSCC in the upcoming period, according to Deutsche Bank is $70 based on the research report published on November 30, 2023 of the previous year 2023.

LSCC Trading at 11.40% from the 50-Day Moving Average

After a stumble in the market that brought LSCC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -26.85% of loss for the given period.

Volatility was left at 3.59%, however, over the last 30 days, the volatility rate increased by 3.85%, as shares surge +9.47% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +20.76% upper at present.

During the last 5 trading sessions, LSCC rose by +13.49%, which changed the moving average for the period of 200-days by -16.88% in comparison to the 20-day moving average, which settled at $65.46. In addition, Lattice Semiconductor Corp. saw 4.23% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at LSCC starting from ABRAMS ROBIN ANN, who sale 9,324 shares at the price of $65.96 back on Jan 11. After this action, ABRAMS ROBIN ANN now owns 820 shares of Lattice Semiconductor Corp., valued at $615,000 using the latest closing price.

ANDERSON JAMES ROBERT, the President, CEO of Lattice Semiconductor Corp., sale 32,122 shares at $58.95 during a trade that took place back on Dec 01, which means that ANDERSON JAMES ROBERT is holding 721,767 shares at $1,893,744 based on the most recent closing price.

Stock Fundamentals for LSCC

Equity return is now at value 39.75, with 27.59 for asset returns.

Conclusion

To sum up, Lattice Semiconductor Corp. (LSCC) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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