Trade-Ideas LLC identified

Lattice Semiconductor

(

LSCC

) as a strong on high relative volume candidate. In addition to specific proprietary factors, Trade-Ideas identified Lattice Semiconductor as such a stock due to the following factors:

  • LSCC has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $21.7 million.
  • LSCC has traded 748,717 shares today.
  • LSCC is trading at 5.05 times the normal volume for the stock at this time of day.
  • LSCC is trading at a new high 5.02% above yesterday's close.

'Strong on High Relative Volume' stocks are worth watching because major volume moves tend to indicate underlying activity such as M&A events, material stock news, analyst upgrades, insider buying, buying from 'superinvestors,' or that hedge funds and momentum traders are piling into a stock ahead of a catalyst. Regardless of the impetus behind the price and volume action, when a stock moves with strength and volume it can indicate the start of a new trend on which early investors can capitalize. In the event of a well-timed trading opportunity, combining technical indicators with fundamental trends and a disciplined trading methodology should help you take the first steps towards investment success.

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More details on LSCC:

Lattice Semiconductor Corporation designs, develops, and markets programmable logic products and related software in Asia, Europe, and the Americas. It offers products based on field programmable gate arrays (FPGAs) and complex programmable logic devices (CPLDs) architectures. Currently there are 4 analysts that rate Lattice Semiconductor a buy, no analysts rate it a sell, and none rate it a hold.

The average volume for Lattice Semiconductor has been 2.3 million shares per day over the past 30 days. Lattice Semiconductor has a market cap of $707.4 million and is part of the technology sector and electronics industry. The stock has a beta of 1.74 and a short float of 9.5% with 2.86 days to cover. Shares are down 13.2% year-to-date as of the close of trading on Friday.

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TheStreetRatings.com

Analysis:

TheStreet Quant Ratings

rates Lattice Semiconductor as a

sell

. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, weak operating cash flow, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share.

Highlights from the ratings report include:

  • The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Semiconductors & Semiconductor Equipment industry. The net income has significantly decreased by 364.3% when compared to the same quarter one year ago, falling from $9.41 million to -$24.86 million.
  • Return on equity has greatly decreased when compared to its ROE from the same quarter one year prior. This is a signal of major weakness within the corporation. Compared to other companies in the Semiconductors & Semiconductor Equipment industry and the overall market, LATTICE SEMICONDUCTOR CORP's return on equity significantly trails that of both the industry average and the S&P 500.
  • Net operating cash flow has significantly decreased to -$5.22 million or 134.20% when compared to the same quarter last year. In addition, when comparing to the industry average, the firm's growth rate is much lower.
  • The share price of LATTICE SEMICONDUCTOR CORP has not done very well: it is down 8.40% and has underperformed the S&P 500, in part reflecting the company's sharply declining earnings per share when compared to the year-earlier quarter. The fact that the stock is now selling for less than others in its industry in relation to its current earnings is not reason enough to justify a buy rating at this time.
  • LATTICE SEMICONDUCTOR CORP has experienced a steep decline in earnings per share in the most recent quarter in comparison to its performance from the same quarter a year ago. This company has reported somewhat volatile earnings recently. We feel it is likely to report a decline in earnings in the coming year. During the past fiscal year, LATTICE SEMICONDUCTOR CORP increased its bottom line by earning $0.41 versus $0.20 in the prior year. For the next year, the market is expecting a contraction of 109.8% in earnings (-$0.04 versus $0.41).

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