Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
In the latest session, GSI Technology Inc (NASDAQ: GSIT) closed at $3.17 down -0.63% from its previous closing price of $3.19. In other words, the price has decreased by -$0.63 from its previous closing price. On the day, 81751.0 shares were traded. GSIT stock price reached its highest trading level at $3.235 during the session, while it also had its lowest trading level at $3.135.
Ratios:
For a deeper understanding of GSI Technology Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.77 and its Current Ratio is at 3.32. In the meantime, Its Debt-to-Equity ratio is 0.35 whereas as Long-Term Debt/Eq ratio is at 0.29.
On April 12, 2010, Robert W. Baird Upgraded its rating to Outperform which previously was Neutral and also upped its target price recommendation from $5 to $6.
Needham reiterated its Buy rating for the stock on February 06, 2009, while the target price for the stock was revised from $5 to $4.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 14 ’24 when NELSON BARBARA H sold 9,779 shares for $2.22 per share. The transaction valued at 21,670 led to the insider holds 0 shares of the business.
NELSON BARBARA H sold 7,236 shares of GSIT for $16,643 on Aug 15 ’24. The Director now owns 0 shares after completing the transaction at $2.30 per share. On Aug 01 ’24, another insider, NELSON BARBARA H, who serves as the Director of the company, sold 100 shares for $2.81 each. As a result, the insider received 280 and left with 0 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GSIT now has a Market Capitalization of 81669664 and an Enterprise Value of 67730680. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.96 while its Price-to-Book (P/B) ratio in mrq is 2.71. Its current Enterprise Value per Revenue stands at 3.301 whereas that against EBITDA is -4.247.
Stock Price History:
The Beta on a monthly basis for GSIT is 1.10, which has changed by 0.15272725 over the last 52 weeks, in comparison to a change of 0.092761636 over the same period for the S&P500. Over the past 52 weeks, GSIT has reached a high of $4.90, while it has fallen to a 52-week low of $1.62. The 50-Day Moving Average of the stock is 1.73%, while the 200-Day Moving Average is calculated to be 5.17%.
Shares Statistics:
For the past three months, GSIT has traded an average of 258.16K shares per day and 225380 over the past ten days. A total of 25.60M shares are outstanding, with a floating share count of 19.10M. Insiders hold about 25.41% of the company’s shares, while institutions hold 12.07% stake in the company. Shares short for GSIT as of 1748563200 were 443400 with a Short Ratio of 1.72, compared to 1745971200 on 863898. Therefore, it implies a Short% of Shares Outstanding of 443400 and a Short% of Float of 2.16.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.
