GSI Technology's Market May Be Too Narrow For Profitability [Seeking Alpha]
GSI Technology, Inc. (GSIT)
US:NASDAQ Investor Relations:
gsitechnology.com
Company Research
Source: Seeking Alpha
Despite the positive signs, GSI is on the clock to bring their products to market as the firm has 7 quarters of cash remaining on the balance sheet. In my opinion, if hyperscaler penetration is not achieved & the satellite sales cycle is pushed back, GSI should consider an equity sale or M&A for survival. GSI Technology ( NASDAQ: GSIT ) recently announced a major milestone in their product development that shows signs of progression. This is a very positive sign given the firm's current financial position and high rate of cash burn. My investment recommendation is based on three major factors in the company's operations. The first is the necessity to bolster their sales staff to scale their sales. The second is to take a more proactive approach to engaging with the hyperscalers as this is one of the few verticals their high-performance APUs can be afforded. The last is for the firm to consider either an equity sale or M&A for survival if hyperscaler penetration is not achieved as
Show less
Read more
Impact Snapshot
Event Time:
GSIT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GSIT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GSIT alerts
High impacting GSI Technology, Inc. news events
Weekly update
A roundup of the hottest topics
GSIT
News
- GSI Technology to Announce Fiscal Fourth Quarter and Year End 2024 Results on May 2, 2024 [Yahoo! Finance]Yahoo! Finance
- GSI Technology to Announce Fiscal Fourth Quarter and Year End 2024 Results on May 2, 2024GlobeNewswire
- Investors bid GSI Technology (NASDAQ:GSIT) up US$38m despite increasing losses YoY, taking one-year return to 168% [Yahoo! Finance]Yahoo! Finance
- GSI Technology Announces Production Release of Two Gemini-I® APU Servers [Yahoo! Finance]Yahoo! Finance
- GSI Technology Announces Production Release of Two Gemini-I® APU ServersGlobeNewswire
GSIT
Sec Filings
- 4/3/24 - Form 8-K
- 2/13/24 - Form SC
- 2/7/24 - Form SC
- GSIT's page on the SEC website