Nordic Semiconductor ASA (NDCVF) Expected to Release Quarterly Earnings on Thursday

Nordic Semiconductor ASA (OTCMKTS:NDCVFGet Free Report) will likely be posting its resultson Thursday, August 6th. Analysts expect Nordic Semiconductor ASA to post earnings of $0.0733 per share and revenue of $212.9250 million for the quarter.

Nordic Semiconductor ASA Trading Down 2.3%

Shares of NDCVF opened at $15.94 on Thursday. The stock has a fifty day moving average price of $18.83 and a 200-day moving average price of $17.18. Nordic Semiconductor ASA has a 12 month low of $12.25 and a 12 month high of $23.29.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Nordic Semiconductor ASA in a report on Wednesday, April 29th. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Nordic Semiconductor ASA presently has a consensus rating of “Reduce”.

View Our Latest Stock Report on Nordic Semiconductor ASA

Nordic Semiconductor ASA Company Profile

(Get Free Report)

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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