GCTS Stock Summary and Trading Ideas (GCT Semiconductor Hldgs | NYSE:GCTS)

GCT Semiconductor Holding Inc. is a designer and supplier of 5G and 4G LTE semiconductor solutions. It enabled fast and reliable 4G LTE connectivity to numerous commercial devices such as CPEs, mobile hotspots, routers, M2M applications and smartphones, etc. The system-on-chip solutions integrate radio frequency, baseband modem and digital signal processing functions, therefore offering complete 4G and 5G platform solutions with small form factors, low power consumption, high performance, high reliability, and cost-effectiveness.

GCT Semiconductor Hldgs trades on the NYSE stock market under the symbol GCTS.

As of May 8, 2024, GCTS stock price declined to $6.02 with 145,095 million shares trading.

GCTS has a market cap of $275.92 million. This is considered a Small Cap stock.

GCTS support price is $5.73 and resistance is $7.01 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GCTS stock will trade within this expected range on the day.