AOSL Sees Stock Surge Amid Semiconductor Industry Challenges

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Nov 11, 2024
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Alpha and Omega Semiconductor (AOSL, Financial) experienced a significant stock movement with a 5.10% increase in share price. The stock is currently valued at $27.84 per share, with a trading volume of 243,330 shares and a turnover rate of 0.84%. The stock's price fluctuation amplitude is noted at 6.53%.

Recent financial reports reveal that Alpha and Omega Semiconductor reported a revenue of $182 million, with a net loss of $2.50 million, translating to an earnings per share (EPS) of -$0.09. The company's gross profit stood at $44.53 million, and it reflected a price-to-earnings ratio of -40.29. Currently, there are no institutional ratings for buy, hold, or sell recommendations for the stock.

Within the semiconductor sector, where AOSL operates, there has been an overall decline of 2.32%. Other notable stocks in this sector include BOE Varitronix, Peraso Inc., and Sequans Communications, which have shown significant gains. Additionally, BOE Varitronix, Wolfspeed, Inc., and Peraso Inc. demonstrated high trading activity with turnover rates of 127.05%, 8.05%, and 5.82%, respectively. Stocks with high price fluctuations include BOE Varitronix, Microsemi, and Sealsq Corp, with amplitudes of 30.25%, 17.98%, and 15.19% respectively.

Alpha and Omega Semiconductor designs, develops, and supplies power semiconductor products for various applications, including personal computers, LED lighting, and industrial motor controls. Its main revenue comes from power semiconductors, specifically power discrete devices and power ICs, operating in regions such as Hong Kong, mainland China, South Korea, and the U.S.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.