Nordic Semiconductor ASA (OTCMKTS:NDCVF – Get Free Report) is anticipated to issue its resultson Thursday, August 6th. Analysts expect Nordic Semiconductor ASA to announce earnings of $0.0733 per share and revenue of $212.9250 million for the quarter.
Nordic Semiconductor ASA Price Performance
NDCVF opened at $15.94 on Thursday. The stock’s 50-day moving average price is $18.83 and its 200 day moving average price is $17.18. Nordic Semiconductor ASA has a 12-month low of $12.25 and a 12-month high of $23.29.
Wall Street Analyst Weigh In
Separately, Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Nordic Semiconductor ASA in a research note on Wednesday, April 29th. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Reduce”.
About Nordic Semiconductor ASA
Nordic Semiconductor ASA is a Norway-based fabless semiconductor company specializing in ultra-low-power wireless communication solutions for the Internet of Things (IoT). Founded in 1983 and headquartered in Trondheim, the company designs and markets integrated circuits (ICs) and related software for short-range wireless applications. Its portfolio includes SoCs and modules supporting Bluetooth Low Energy, Thread, Zigbee, ANT and proprietary 2.4 GHz protocols, as well as cellular IoT technologies such as LTE-M and NB-IoT.
Nordic’s flagship product families, including the nRF52, nRF53 and nRF54 series, enable battery-powered devices across a wide range of markets.
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