It’s Not Over Yet For GSI Technology Inc (NASDAQ: GSIT)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Most recently, Yahoo Finance reported about the stock as it publicized that GSI Technology Announces Production Release of Two Gemini-I® APU Servers.

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Stocks Info

GSI Technology Inc is listed on the NASDAQ as a member of the Technology sector and is a part of the Semiconductors industry. The current market capitalization of GSI Technology Inc is $128.02M. A total of 1.85 million shares were traded on the day, compared to an average of 515.03K shares.

In the most recent transaction, Yau Robert sold 12,500 shares of GSIT for 3.02 per share on Aug 30 ’23. After the transaction, the VP, Engin., Sect. & Director now owns 927,439 company shares. In a previous transaction on Aug 29 ’23, Yau Robert sold 15,263 shares at 3.27 per share. GSIT shares that VP, Engin., Sect. & Director owns now total 939,939.

Among the insiders who sold shares, Yau Robert disposed of 18,740 shares on Aug 24 ’23 at a per-share price of $3.50. This resulted in the VP, Engin., Sect. & Director holding 955,202 shares of GSIT after the transaction. In another insider transaction, Yau Robert sold 3,497 shares at $3.50 per share on Aug 23 ’23. Company shares held by the VP, Engin., Sect. & Director now total 973,942.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, GSIT has a high of $9.80 and a low of $1.47.

As of this writing, GSIT has an earnings estimate of $0 per share for the current quarter. EPS was calculated based on a consensus of 0 estimates, with a high estimate of $0 per share and a lower estimate of $0.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. GSIT’s latest balance sheet shows that the firm has $43.96M in Cash & Short Term Investments as of fiscal 2022. There were $898.00k in debt and $8.86M in liabilities at the time. Its Book Value Per Share was $1.56, while its Total Shareholder’s Equity was $64.45M.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for GSIT is Buy with a score of 0.00.

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