Is GSI Technology, Inc. (GSIT) Stock About to Get Hot Thursday?

GSI Technology, Inc. (GSIT) stock has risen 21.88% over the past week and gets a Neutral rating from InvestorsObserver Sentiment Indicator.

GSI Technology, Inc. has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on GSIT!

See Full GSIT Report

What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With GSIT Stock Today?

GSI Technology, Inc. (GSIT) stock is trading at $5.07 as of 1:03 PM on Thursday, Mar 7, an increase of $0.93, or 22.46% from the previous closing price of $4.14. The stock has traded between $4.20 and $5.20 so far today. Volume today is above average. So far 1,052,470 shares have traded compared to average volume of 478,963 shares.

More About GSI Technology, Inc.

Founded in 1995 GSI Technology Inc. is a leading provider of semiconductor memory solutions. GSIs resources are currently focused on bringing new products to market that leverage existing core strengths including radiation-hardened memory products for extreme environments and Gemini the APU designed to deliver performance advantages for diverse artificial intelligence applications. GSI Technology is headquartered in Sunnyvale California and has sales offices in the Americas Europe and Asia. Click Here to get the full Stock Report for GSI Technology, Inc. stock.