GSI Technology Inc (NASDAQ: GSIT) has reported E.P.S. of $-0.21 for its second fiscal quarter (ending September 30) versus $-0.16 for the same period a year ago — an increase of 31%. For the latest four quarters through September 30, E.P.S. were $-0.60 compared to $-0.73 a year ago — a decline of -18%.
Recent Price Action
On 10/24/24, GSI Technology Inc (NASDAQ: GSIT) stock enjoyed a large increase of 2.7%, closing at $3.43. Moreover, this advance was accompanied by above average trading volume at 129% of normal. The stock has performed in line with the market over the last nine months and has declined -13.2% during the last week.
Current PriceTarget Research Rating
GSIT’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to be Value Creation neutral.
GSI Technology has a current Value Trend Rating of F (Lowest Rating). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. GSI Technology has a neutral Power Rating of 42 but a very low Appreciation Score of 7, producing the Lowest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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