In the latest session, GSI Technology Inc (NASDAQ: GSIT) closed at $4.18 down -19.31% from its previous closing price of $5.18. In other words, the price has decreased by -$1.0000 from its previous closing price. On the day, 973848 shares were traded.
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 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:
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 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 105.48M and an Enterprise Value of 84.79M. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.81 while its Price-to-Book (P/B) ratio in mrq is 2.67. Its current Enterprise Value per Revenue stands at 3.86 whereas that against EBITDA is -4.51.
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 3.3550, while the 200-Day Moving Average is calculated to be 3.2438.
Shares Statistics:
For the past three months, GSIT has traded an average of 576.36K shares per day and 1.4M 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 1.59, 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
There are 0 different market analysts currently analyzing its stock. 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.
