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NASDAQ:GSIT

GSI Technology (GSIT) Stock Price, News & Analysis

GSI Technology logo
$3.15
-0.03 (-0.94%)
(As of 11/1/2024 ET)

About GSI Technology Stock (NASDAQ:GSIT)

Key Stats

Today's Range
$3.09
$3.25
50-Day Range
$2.51
$3.95
52-Week Range
$1.88
$6.02
Volume
109,074 shs
Average Volume
292,091 shs
Market Capitalization
$80.17 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

GSI Technology, Inc. designs, develops, and markets semiconductor memory solutions to networking, industrial, medical, aerospace, and military customers in the United States, China, Singapore, Germany, the Netherlands, and internationally. It offers associative processing unit products, which are focuses on applications using similarity search in visual search queries for ecommerce, computer vision, drug discovery, cyber security, and service markets. The company also provides static random access memory (SRAM) products, such as SyncBurst for microprocessor cache and other applications; No Bus Turnaround SRAMs to address the needs of networking and telecom applications; SigmaQuad and SigmaDDR products for density and random transaction rate requirements of networking and telecom applications; Low Latency DRAMs, a solution for advanced data networking applications; Asynchronous, a main memory for small cache-less embedded processors for industrial electronics, measurement systems and cost-sensitive networking equipment, and other applications; and specialty SRAMs. In addition, it offers radiation-hardened and radiation-tolerant SRAMs for military/defense and aerospace applications, such as networking satellites and missiles. The company's products are used as components in its original equipment manufacturer customers' products, including routers, switches, and other networking and telecommunications products; military and aerospace applications, such as radar and guidance systems and satellites; test and measurement applications consisting of high-speed testers; automotive applications comprising smart cruise control; medical applications, including ultrasound and CAT scan equipment; and audio/video processing. It markets its products through a network of independent sales representatives and distributors. GSI Technology, Inc. was incorporated in 1995 and is headquartered in Sunnyvale, California.

GSI Technology Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
12th Percentile Overall Score

GSIT MarketRank™: 

GSI Technology scored higher than 12% of companies evaluated by MarketBeat, and ranked 629th out of 667 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of GSI Technology is -5.25, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of GSI Technology is -5.25, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    GSI Technology has a P/B Ratio of 2.22. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about GSI Technology's valuation and earnings.
  • Percentage of Shares Shorted

    2.84% of the float of GSI Technology has been sold short.
  • Short Interest Ratio / Days to Cover

    GSI Technology has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in GSI Technology has recently increased by 10.21%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    GSI Technology does not currently pay a dividend.

  • Dividend Growth

    GSI Technology does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    2.84% of the float of GSI Technology has been sold short.
  • Short Interest Ratio / Days to Cover

    GSI Technology has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in GSI Technology has recently increased by 10.21%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    GSI Technology has a news sentiment score of -0.17. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.46 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 5 news articles for GSI Technology this week, compared to 1 article on an average week.
  • Search Interest

    6 people have searched for GSIT on MarketBeat in the last 30 days. This is an increase of 20% compared to the previous 30 days.
  • MarketBeat Follows

    Only 3 people have added GSI Technology to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, GSI Technology insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $21,709.00 in company stock.

  • Percentage Held by Insiders

    34.10% of the stock of GSI Technology is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 33.15% of the stock of GSI Technology is held by institutions.

  • Read more about GSI Technology's insider trading history.
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GSIT Stock News Headlines

GSI Technology (NASDAQ:GSIT) Downgraded by StockNews.com to "Sell"
625,000% Gain
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GSI Technology sees Q3 revenue $4.7M- $5.5M
GSI Technology, Inc. Reports Second Quarter Fiscal 2025 Results
See More Headlines

GSIT Stock Analysis - Frequently Asked Questions

GSI Technology's stock was trading at $2.64 at the beginning of 2024. Since then, GSIT shares have increased by 19.3% and is now trading at $3.15.
View the best growth stocks for 2024 here
.

GSI Technology, Inc. (NASDAQ:GSIT) released its quarterly earnings data on Thursday, October, 24th. The semiconductor company reported ($0.21) earnings per share (EPS) for the quarter. The semiconductor company had revenue of $4.55 million for the quarter. GSI Technology had a negative trailing twelve-month return on equity of 52.40% and a negative net margin of 77.71%.

GSI Technology subsidiaries include MikaMonu Group Ltd., GSI Technology (BVI) Inc., GSI Technology Holdings Inc., GSI Technology Israel Ltd., and GSI Technology Taiwan Inc..

Top institutional investors of GSI Technology include Silverberg Bernstein Capital Management LLC (1.85%). Insiders that own company stock include Robert Yau, Douglas Schirle, Ruey-Lin Lu and Barbara H Nelson.
View institutional ownership trends
.

Shares of GSIT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that GSI Technology investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Axcelis Technologies (ACLS), Oracle (ORCL), Opera (OPRA) and Super Micro Computer (SMCI).

Company Calendar

Last Earnings
10/24/2024
Today
11/02/2024
Next Earnings (Estimated)
1/23/2025
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
Semiconductors
Current Symbol
NASDAQ:GSIT
CUSIP
36241U10
Employees
180
Year Founded
1995

Profitability

Net Income
$-20,090,000.00
Pretax Margin
-66.30%

Debt

Sales & Book Value

Annual Sales
$21.76 million
Book Value
$1.42 per share

Miscellaneous

Free Float
16,769,000
Market Cap
$80.17 million
Optionable
Optionable
Beta
0.95

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This page (NASDAQ:GSIT) was last updated on 11/2/2024 by MarketBeat.com Staff
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