Currently, GSI Technology Inc [GSIT] is trading at $3.21, down -11.81%. An important factor to consider is whether the stock is rising or falling in short-term value. The GSIT shares have gain 16.73% over the last week, with a monthly amount glided 15.88%, and seem to be holding up well over a long-time horizon.
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.
This stock has fluctuated between a low of $1.88 and a high of $6.02 over the last 52 weeks. GSI Technology Inc [NASDAQ: GSIT] shares were valued at $3.21 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.3.
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 3.02 points at the first support level, and at 2.83 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.54, and for the 2nd resistance point, it is at 3.87.
Ratios To Look Out For
To put it in perspective, the Current Ratio for GSI Technology Inc [NASDAQ:GSIT] is 4.85. On the other hand, the Quick Ratio is 4.10, and the Cash Ratio is 3.34. Considering the valuation of this stock, the price to sales ratio is 4.15, the price to book ratio is 2.46.
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.
