As of close of business last night, GSI Technology Inc’s stock clocked out at $5.40, up 6.72% from its previous closing price of $5.06. In other words, the price has increased by $+0.34 from its previous closing price. On the day, 2134376 shares were traded.
Ratios:
To gain a deeper understanding of GSIT’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.09 and its Current Ratio is at 3.75. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.01.
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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Aug 30 ’23 when Yau Robert sold 12,500 shares for $3.02 per share. The transaction valued at 37,811 led to the insider holds 927,439 shares of the business.
Yau Robert sold 15,263 shares of GSIT for $49,855 on Aug 29 ’23. The VP, Engin., Sect. & Director now owns 939,939 shares after completing the transaction at $3.27 per share. On Aug 24 ’23, another insider, Yau Robert, who serves as the VP, Engin., Sect. & Director of the company, sold 18,740 shares for $3.50 each. As a result, the insider received 65,601 and left with 955,202 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 136.59M and an Enterprise Value of 115.90M. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.21 while its Price-to-Book (P/B) ratio in mrq is 3.45. Its current Enterprise Value per Revenue stands at 5.27 whereas that against EBITDA is -6.16.
Stock Price History:
Over the past 52 weeks, GSIT has reached a high of $9.80, while it has fallen to a 52-week low of $1.47. The 50-Day Moving Average of the stock is 3.13, while the 200-Day Moving Average is calculated to be 3.30.
Shares Statistics:
It appears that GSIT traded 537.90K shares on average per day over the past three months and 1.04M shares per day over the past ten days. A total of 24.69M shares are outstanding, with a floating share count of 17.70M. Insiders hold about 30.04% of the company’s shares, while institutions hold 17.11% stake in the company. Shares short for GSIT as of Mar 15, 2024 were 916.21k with a Short Ratio of 1.70, compared to 540.13k on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.62% and a Short% of Float of 4.54%.
Earnings Estimates
As of right now, 0 analysts gave their recommendation on the stock of the company. 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. EPS for the following year is $0, with 0 analysts recommending between $0 and $0.
