Graphjet Technology (NASDAQ:GTI) does about 218.49K shares in volume on a normal day but saw 4760527 shares change hands in the recent trading day. The company now has a market cap of 127.36M USD. Its current market price is $0.95, marking a decrease of -8.20% compared to the previous close of $1.03. The 52 week high reached by this stock is $14.00 whilst the lowest price level in 52 weeks is $0.82.
Graphjet Technology (GTI) has a 20-day trading average at $2.5183 and the current price is -93.25% off the 52-week high compared with 15.30% distance from its 52-week low. The 50-day simple moving average of the closing price is $2.4823 and its 200-day simple moving average is $4.6761. If we look at the stock’s price movements over the week, volatility stands at 58.04%, which decreases to 27.51% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 28.28 to suggest the stock is oversold.
The current price level is -62.46%, -61.91%, and -79.78% away from its SMA20, SMA50, and SMA200 respectively, with the GTI price moving above the 50-day SMA on current market day. Graphjet Technology (GTI) stock is down -65.87% over the week and -68.27% over the past month. Its price is -91.64% year-to-date and -91.63% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.
Outstanding shares total 146.74M with insiders holding 71.09% of the shares and institutional holders owning 0.04% of the company’s common stock. The company has a return on equity of -0.42%. The price to earnings ratio (P/E ratio) amounts to 86.74. The beta has a value of -0.05.
