Lattice Semiconductor Corporation (LSCC) : Traders are bullish on Lattice Semiconductor Corporation (LSCC) as it has outperformed the S&P 500 by a wide margin of 5.7% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.23%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.66% in the last 1 week, and is up 8.33% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Lattice Semiconductor Corporation (NASDAQ:LSCC): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $6.06 and $6.00 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $6.19. The buying momentum continued till the end and the stock did not give up its gains. It closed at $6.11, notching a gain of 2.17% for the day. The total traded volume was 932,817 . The stock had closed at $5.98 on the previous day.
The stock has recorded a 20-day Moving Average of 1.94% and the 50-Day Moving Average is 5.8%. Lattice Semiconductor Corporation is up 15.07% in the last 3-month period. Year-to-Date the stock performance stands at -5.56%.
Lattice Semiconductor Corporation (LSCC) has been rated by 4 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $8 and the lowest price target forecast is $6. The average forecast of all the analysts is $7 and the expected standard deviation is $0.91.
Lattice Semiconductor Corporation (Lattice) designs, develops and markets programmable logic products and related software. The Company also provides design services, customer training, field engineering and technical support. The Company has two programmable logic device (PLD) architectures, which include field programmable gate arrays (FPGAs) and complex programmable logic devices (CPLDs). Its product offerings under new category include LatticeECP5, MachXO3, Power Manager II and iCE40; products under mainstream include ispMACH4000ZE, ispMACH 4000/Z, LatticeECP2/M, LatticeXP2, MachXO, ispClock A/D/S and Software and IP, and products under mature include ispXPLD, FPSC, ORCA 2, ORCA 3, ORCA 4, ispPAC, ispLSI 8000V, ispMACH 5000B, ispMACH 2LV, ispMACH 5LV, ispLSI 2000V, ispLSI 5000V, ispMACH 5000VG, 5-volt CPLDs, ispGDX2, GDX/V, ispMACH 4/LV, iCE65, ispClock, Power Manager I, SPLDs, LatticeECP and LatticeXP. It also includes Silicon Image Top Solutions and Silicon Image IP Cores.