GSI Technology Inc (NASDAQ:GSIT) currently has a daily average trading volume of 169.40K but it saw 183903 shares traded in last market. With a market cap of 77.99M USD, the company’s current market price of $3.06 came falling about -10.79 while comparing to the previous closing price of $3.43. In past 52 weeks, the stock remained buoying in the range of price level as high as $6.02 and as low as $1.88. In the recent trading on the day, stock has struck highest price mark of $3.0 while lowest mark touched by it was $3.345.
Taking a look at 20-day trading activity of GSI Technology Inc (GSIT) gives us an average price of $2.98, while its current price level is -49.17% below from 52-week high level whereas it is 62.77% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $3.01 while that of 200 days or SMA-200 reads an average of $3.06. A closer look into the stock’s movement over the week reveals that its volatility is standing at 9.38% during that period while stretching the period over a month that decreases to 8.05%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 49.74 which implies that the stock is in neutral territory.
Robert W. Baird upgraded its recommendation for the stock as a “Outperform” from “Neutral” on April 12, 2010 while assigning a price target range of $5-$6. Needham issued its recommendations for the stock as it reiterated the price target for the stock in the range of between $5 and $4.
Over the week, GSIT’s stock price is moving 0.99% up while it is 2.00% when we observe its performance for the past one month. Year-to-date it is 0.99% up and over the past year, the stock is showing an upside performance of 19.07%.
Currently, GSI Technology Inc’s total number of outstanding shares is 25.49M. Company’s return on investment (ROI) stands at -36.57% and return on equity (ROE) at -38.91%. Stock’s beta reads 0.98. Stock has a price to book (P/B) ratio of 2.34 while price to sale or P/S ratio amounts to 3.96. Its return on asset (ROA) is -30.45% on average.
