SMTC stock experienced a significant drop of 5.05%, trading at $65.61 per share with a volume of 874,137 shares and a turnover rate of 1.15%. The company's recent financial report shows revenue of $237 million, a net loss of $7.59 million, and earnings per share of -$0.10. The gross profit was $121 million, resulting in a price-to-earnings ratio of -5.07. Among 12 rating institutions, 92% recommend buying, while 8% suggest holding. No institutions advise selling.
In the semiconductor industry, which fell by 0.29%, notable gainers include Mobix Labs, Inc., Smartkem, Inc., and 纳微半导体. SMTC primarily designs and markets semiconductors, focusing on advanced protection and sensing products, with most revenue from the Asia-Pacific region.
