A share price of GSI Technology Inc [GSIT] is currently trading at $3.18, up 4.26%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The GSIT shares have gain 16.06% over the last week, with a monthly amount drifted -8.62%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
GSI Technology Inc [NASDAQ: GSIT] stock has seen the most recent analyst activity on October 28, 2011, when Needham downgraded its rating to a Hold. Previously, Robert W. Baird upgraded its rating to Outperform on April 12, 2010, and elevated its price target to $6. On February 06, 2009, Needham reiterated its Buy rating and revised its price target to $4 on the stock. Robert W. Baird downgraded its rating to a Neutral and decreased its price target to $3 on December 05, 2008. Needham upgraded its rating to a Buy but $5 remained the price target by the analyst firm on May 09, 2008. In a note dated February 01, 2008, Stanford Research upgraded an Buy rating on this stock.
GSI Technology Inc experienced fluctuations in its stock price throughout the past year between $1.88 and $6.02. GSI Technology Inc [NASDAQ: GSIT] shares were valued at $3.18 at the most recent close of the market.
Analyzing the GSIT fundamentals
Trailing Twelve Months sales for GSI Technology Inc [NASDAQ:GSIT] were 19.69M which represents -20.29% decline. Gross Profit Margin for this corporation currently stands at 0.49% with Operating Profit Margin at -1.09%, Pretax Profit Margin comes in at -0.77%, and Net Profit Margin reading is -0.78%. To continue investigating profitability, this company’s Return on Assets is posted at -0.32, Equity is -0.42 and Total Capital is -0.51.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 3.04 points at the first support level, and at 2.89 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.26, and for the 2nd resistance point, it is at 3.33.
Ratios To Look Out For
To put it in perspective, the Current Ratio for GSI Technology Inc [NASDAQ:GSIT] is 4.85. Further, the Quick Ratio stands at 4.10, while the Cash Ratio is 3.34. Considering the valuation of this stock, the price to sales ratio is 4.12, the price to book ratio is 2.43.
Transactions by insiders
Recent insider trading involved NELSON BARBARA H, Director, that happened on Aug 14 ’24 when 9779.0 shares were sold. Director, NELSON BARBARA H completed a deal on Aug 15 ’24 to sell 7236.0 shares. Meanwhile, Director NELSON BARBARA H sold 100.0 shares on Aug 01 ’24.