As on Thursday, GSI Technology Inc (NASDAQ: GSIT) got off with the flyer as it spiked 3.91% to $2.92, before settling in for the price of $2.81 at the close. Taking a more long-term approach, GSIT posted a 52-week range of $1.88-$6.02.
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The company of the Technology sector’s yearbook sales growth during the past 5- year span was recorded -13.84%. This publicly-traded company’s shares outstanding now amounts to $25.49 million, simultaneously with a float of $18.98 million. The organization now has a market capitalization sitting at $74.42 million. At the time of writing, stock’s 50-day Moving Average stood at $3.01, while the 200-day Moving Average is $2.98.
GSI Technology Inc (GSIT) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Semiconductors industry. GSI Technology Inc’s current insider ownership accounts for 25.52%, in contrast to 10.36% institutional ownership. According to the most recent insider trade that took place on Aug 14 ’24, this organization’s Director sold 9,779 shares at the rate of 2.22, making the entire transaction reach 21,670 in total value, affecting insider ownership by 0. Preceding that transaction, on Aug 15 ’24, Company’s Director sold 7,236 for 2.30, making the whole transaction’s value amount to 16,643. This particular insider is now the holder of 0 in total.
GSI Technology Inc (GSIT) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
GSI Technology Inc (NASDAQ: GSIT) Trading Performance Indicators
Let’s observe the current performance indicators for GSI Technology Inc (GSIT). It’s Quick Ratio in the last reported quarter now stands at 4.10. The Stock has managed to achieve an average true range (ATR) of 0.36. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 3.78.
In the same vein, GSIT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.60.
Technical Analysis of GSI Technology Inc (GSIT)
Through scrutinizing the latest numbers posted by the [GSI Technology Inc, GSIT], it can be observed that its last 5-days Average volume of 0.54 million was lower the volume of 5.13 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 10.10% While, its Average True Range was 0.38.
Raw Stochastic average of GSI Technology Inc (GSIT) in the period of the previous 100 days is set at 20.80%, which indicates a major rise in contrast to 15.02% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 182.06% that was higher than 102.70% volatility it exhibited in the past 100-days period.
