Top Losers at NASDAQ Semiconductor-Integrated Circuits Industry: (QUIK, SATC, EMKR, TSEM, AXTI)

QuickLogic Corporation (NASDAQ:QUIK) plunged by 17.79% to close at $2.31 with overall traded volume of 1.03 million shares in the last trading session. The current market price is 29.58% less than its last 50 days simple moving average. The RSI value of 33.08 times depicts that the current share value is in oversold level.

SatCon Technology Corporation (NASDAQ:SATC) moved down by 17.42% and closed at $1.28 whereas total traded volume stood at 4.09 million shares for the day. Its outstanding shares stood at 119.04 million. SATC’s total market capitalization arrived at $152.37 million.

EMCORE Corporation (NASDAQ:EMKR) closed at $1.50 after dropping by 14.29% with traded volume of 1.72 million shares in the last trading day as compare to its average volume stood at 1.28 million. The share price is highly sensitive as its beta value stands at 2.22 times.

Tower Semiconductor Ltd. (USA) (NASDAQ:TSEM) reported the fall of 11.22% and closed at $0.87 whereas overall traded volume stood at 1.56 million shares for the day. The current market price is 22.13% less than its last 50 days simple moving average. The share price is at its oversold level with relative strength index of 24.62 times.

AXT, Inc. (NASDAQ:AXTI) witnessed the correction of 9.51% to close at $7.14 with total traded volume of 1.13 million shares in the last trading day. The company stands in profit with the profit margin of 24.08%. The company is in highly profitability with ROE of 19.34%.