Lattice Semiconductor Rises On Unusually High Volume (LSCC)

NEW YORK ( TheStreet) -- Lattice Semiconductor Corporation (Nasdaq: LSCC) is trading at unusually high volume Thursday with 5.5 million shares changing hands. It is currently at four times its average daily volume and trading up 33 cents (+5.4%) at $6.49 as of 4 p.m. ET.

Lattice Semiconductor has a market cap of $714.9 million and is part of the technology sector and electronics industry. Shares are up 3.7% year to date as of the close of trading on Wednesday.

Lattice Semiconductor Corporation designs, develops, manufactures, and markets programmable logic products and related software. The company has a P/E ratio of 14.1, equal to the average electronics industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Lattice Semiconductor as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Lattice Semiconductor Ratings Report.

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