Alpha and Omega Semiconductor (AOSL) Releases Quarterly Earnings
Alpha and Omega Semiconductor (NASDAQ:AOSL) issued its quarterly earnings data on Tuesday. The company reported ($0.02) earnings per share for the quarter, AnalystRatingsNetwork.com reports. The company had revenue of $82.30 million for the quarter, compared to the consensus estimate of $77.20 million.
On the ratings front, analysts at Northland Securities initiated coverage on shares of Alpha and Omega Semiconductor in a research note on Tuesday, June 17th. They set an “outperform” rating and a $13.00 price target on the stock. Two investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $9.10.
Alpha and Omega Semiconductor (NASDAQ:AOSL) traded down 0.43% on Tuesday, hitting $9.22. The stock had a trading volume of 37,182 shares. Alpha and Omega Semiconductor has a 52 week low of $6.80 and a 52 week high of $9.50. The stock’s 50-day moving average is $9.27 and its 200-day moving average is $8.01. The company’s market cap is $240.9 million.
Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) is a designer, developer and global supplier of a range of power semiconductors.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.