NEW YORK (TheStreet) -- Alpha and Omega Semiconductor (AOSL) shares are up 3.2% to $8.93 on Tuesday after having coverage initiated with an "outperform" rating and $13 price target by analysts at Northland Capital.
The firm's optimistic outlooks stems from its belief that the company will return to profitability in the near future.
The stock is trading on heavy volume in early market trading today with 138,032 shares being traded so far, well ahead of its three month daily average of 56,903 shares.
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Separately, TheStreet Ratings team rates ALPHA AND OMEGA SEMICONDUCTR as a Sell with a ratings score of D+. TheStreet Ratings Team has this to say about their recommendation:
"We rate ALPHA AND OMEGA SEMICONDUCTR (AOSL) a SELL. This is driven by a few notable weaknesses, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. The company's weaknesses can be seen in multiple areas, such as its disappointing return on equity, poor profit margins and weak operating cash flow."