"We rate GENERAL STEEL HOLDINGS INC (GSI) a SELL. This is based on some significant below-par investment measures, which should drive this stock to significantly underperform the majority of stocks that we rate. The area that we feel has been the company's primary weakness has been its generally disappointing historical performance in the stock itself."
Highlights from the analysis by TheStreet Ratings Team goes as follows:
This stock's share value has moved by only 11.51% over the past year. The fact that the stock is now selling for less than others in its industry in relation to its current earnings is not reason enough to justify a buy rating at this time.
GENERAL STEEL HOLDINGS INC has shown improvement in its earnings for its most recently reported quarter when compared with the same quarter a year earlier. This company has not demonstrated a clear trend in earnings over the past 2 years, making it difficult to accurately predict earnings for the coming year. During the past fiscal year, GENERAL STEEL HOLDINGS INC reported poor results of -$0.88 versus -$0.59 in the prior year.
Despite the weak revenue results, GSI has outperformed against the industry average of 18.8%. Since the same quarter one year prior, revenues slightly dropped by 0.8%. The declining revenue has not hurt the company's bottom line, with increasing earnings per share.
Net operating cash flow has significantly increased by 153.51% to $95.25 million when compared to the same quarter last year. In addition, GENERAL STEEL HOLDINGS INC has also vastly surpassed the industry average cash flow growth rate of -43.35%.
The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Metals & Mining industry. The net income increased by 9266.7% when compared to the same quarter one year prior, rising from -$0.10 million to $9.35 million.
You can view the full analysis from the report here: GSI Ratings Report
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Sentiment: Strong Buy
sir i do not drink never had a hangover in my life! when GSI pops up you will get out
and i will stay in because the internet of things is really BIG
John Chen is a decent young man so stop your bs . GSI is on the way back to a $1 if you don't want to hold any longer then sell what you have at market and be done with it