Over the last twelve months, GSI Group (NASDAQ:GSIG) rallied 24% to trade at about $10 per share. This did not come without setbacks as the stock traded at around $8 in late June, despite having breached the $10 mark early in the year. Nonetheless, GSI Group is still way off the mark from its multi year high of low-to-mid teens achieved in 2011. Furthermore, prior to the global financial crises of 2008/2009, GSI Group price per share ranged from mid $20s to mid $30s.
While I do not see the company's stock price reaching the mid $20s to mid $30s anytime soon, there are significant catalysts that I believe could push the stock towards mid teens within the...
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