Shares of GSI Technology, Inc. (NASDAQ:GSIT – Get Rating) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $2.02 and traded as high as $6.19. GSI Technology shares last traded at $5.71, with a volume of 1,857,557 shares trading hands.
Analysts Set New Price Targets
Separately, StockNews.com began coverage on shares of GSI Technology in a research report on Wednesday. They issued a “hold” rating for the company.
GSI Technology Stock Down 2.2 %
The business has a fifty day moving average of $2.25 and a 200 day moving average of $2.02. The firm has a market cap of $140.92 million, a P/E ratio of -8.78 and a beta of 0.94.
Institutional Investors Weigh In On GSI Technology
GSI Technology Company Profile
GSI Technology, Inc engages in the design, development and marketing of memory products primarily for the networking, and telecommunications markets. Its product includes Static Random Access Memory, or SRAM, which incorporated in networking and telecommunications equipment, such as routers, switches, wide area network infrastructure equipment, wireless base stations and network access equipment.
- Get a free copy of the StockNews.com research report on GSI Technology (GSIT)
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