The stock market performance of GSI Technology Inc has been very steady. Over the last year, the company’s stock hit its highest at $6.02 on 04/04/24, while the lowest price during the same time frame was $1.88, recorded on 01/30/24.
52-week price history of GSIT Stock
Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. GSI Technology Inc’s current trading price is -34.24% away from its 52-week high, while its distance from the 52-week low is 110.57%. The stock’s price range for this period has remained between $1.88 and $6.02. The Technology sector company’s shares managed to surpass a trading volume of around 60.67 million for the day, which was noticeably higher compared to the shares’ average daily volume of 0.17 million over the last three months.
Financial Performance and Market Capitalization
GSI Technology Inc (GSIT) has experienced a quarterly rise of 0.22% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 100.90M and boasts a workforce of 148 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 3.07, with a change in price of +1.45. Similarly, GSI Technology Inc recorded 708,631 in trading volume during the last 100 days, posting a change of +54.97%.
GSIT Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for GSIT stands at 0.30. Similarly, the long-term debt-to-equity ratio is also 0.26.
GSIT Stock Stochastic Average
As of today, the raw stochastic average of GSI Technology Inc over the last 50 days is at 66.99%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 65.29%. Further, the company’s Stochastic %K and %D values for the last 20 days were 35.03% and 24.34%, respectively.
GSIT Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. Year to date metric has recorded a gain of 30.65%.However, over the last six months, we can see a weaker performance of 41.39%. Over the last 30 days, the price of GSIT has fallen by 52.85%. And in the last five days, it has surged by 33.74%.
