Graphjet Technology (NASDAQ:GTI) currently has a daily average trading volume of 371.44K but it saw 4338989 shares traded in last market. With a market cap of 59.87M USD, the company’s current market price of $0.41 came falling about -30.98 while comparing to the previous closing price of $0.59. In past 52 weeks, the stock remained buoying in the range of price level as high as $14.00 and as low as $0.57. In the recent trading on the day, stock has struck highest price mark of $0.383 while lowest mark touched by it was $0.6937.
Taking a look at 20-day trading activity of Graphjet Technology (GTI) gives us an average price of $2.1407, while its current price level is -97.09% below from 52-week high level whereas it is -27.93% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $2.3548 while that of 200 days or SMA-200 reads an average of $4.6083. A closer look into the stock’s movement over the week reveals that its volatility is standing at 67.13% during that period while stretching the period over a month that decreases to 34.07%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 23.92 which implies that the stock is in oversold territory.
Over the week, GTI’s stock price is moving -69.78% down while it is -86.75% when we observe its performance for the past one month. Year-to-date it is -96.39% down and over the past year, the stock is showing a downside performance of -96.36%.
The company is expected to be releasing its next quarterly report in January, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.
Currently, Graphjet Technology’s total number of outstanding shares is 146.74M. Company’s return on equity (ROE) at -0.42%. It has a price to earnings ratio (P/E ratio) of 37.43. Stock’s beta reads -0.04. Its return on asset (ROA) is -0.27% on average.
