Lattice Semiconductor Corp. (LSCC) 20 Days SMA touches -12.44%: The odds favor the bear

On Friday, Lattice Semiconductor Corp. (NASDAQ: LSCC) opened lower -3.17% from the last session, before settling in for the closing price of $68.69. Price fluctuations for LSCC have ranged from $51.96 to $98.30 over the past 52 weeks.

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During the last 5-year period, the sales growth of Technology Sector giant was 13.67%. Company’s average yearly earnings per share was noted -34.67% at the time writing. With a float of $135.74 million, this company’s outstanding shares have now reached $137.34 million.

Let’s determine the extent of company efficiency that accounts for 1156 employees.

Lattice Semiconductor Corp. (LSCC) Insider Activity

A key investor’s attitude towards the stock of the Semiconductors industry is another important factor to consider. The insider ownership of Lattice Semiconductor Corp. is 1.31%, while institutional ownership is 109.63%. The most recent insider transaction that took place on Feb 27 ’24, was worth 1,720,342. In this transaction SVP, CFO of this company sold 23,006 shares at a rate of $74.78, taking the stock ownership to the 124,116 shares. Before that another transaction happened on Feb 26 ’24, when Company’s SVP, Mfg Ops sold 8,594 for $75.13, making the entire transaction worth $645,637. This insider now owns 0 shares in total.

Lattice Semiconductor Corp. (LSCC) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.00 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -34.67% per share during the next fiscal year.

Lattice Semiconductor Corp. (NASDAQ: LSCC) Trading Performance Indicators

Check out the current performance indicators for Lattice Semiconductor Corp. (LSCC). In the past quarter, the stock posted a quick ratio of 2.76. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 12.41. Likewise, its price to free cash flow for the trailing twelve months is 38.71.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.86, a number that is poised to hit 0.29 in the next quarter and is forecasted to reach 1.79 in one year’s time.

Technical Analysis of Lattice Semiconductor Corp. (LSCC)

Looking closely at Lattice Semiconductor Corp. (NASDAQ: LSCC), its last 5-days average volume was 1.72 million, which is a drop from its year-to-date volume of 2.13 million. As of the previous 9 days, the stock’s Stochastic %D was 1.88%. Additionally, its Average True Range was 2.85.

During the past 100 days, Lattice Semiconductor Corp.’s (LSCC) raw stochastic average was set at 34.47%, which indicates a significant increase from 3.42% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 42.02% in the past 14 days, which was higher than the 40.96% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $75.70, while its 200-day Moving Average is $75.81. However, in the short run, Lattice Semiconductor Corp.’s stock first resistance to watch stands at $67.91. Second resistance stands at $69.32. The third major resistance level sits at $70.22. If the price goes on to break the first support level at $65.60, it is likely to go to the next support level at $64.70. Should the price break the second support level, the third support level stands at $63.29.

Lattice Semiconductor Corp. (NASDAQ: LSCC) Key Stats

There are currently 137,540K shares outstanding in the company with a market cap of 9.15 billion. Presently, the company’s annual sales total 737,150 K according to its annual income of 259,060 K. Last quarter, the company’s sales amounted to 170,600 K and its income totaled 98,710 K.