It’s Not A Fantasy To Think That Global Interactive Technologies Inc (GITS) Has Big Future Potential

Global Interactive Technologies Inc (NASDAQ:GITS) currently has a daily average trading volume of 3.51M but it saw 9110734 shares traded in last market. With a market cap of 16.71M USD, the company’s current market price of $0.32 came falling about -7.43 while comparing to the previous closing price of $0.34. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.16 and as low as $0.17. In the recent trading on the day, stock has struck highest price mark of $0.2568 while lowest mark touched by it was $0.489.

Taking a look at 20-day trading activity of Global Interactive Technologies Inc (GITS) gives us an average price of $0.2670, while its current price level is -72.72% below from 52-week high level whereas it is 83.95% 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 $0.2465 while that of 200 days or SMA-200 reads an average of $0.3010. A closer look into the stock’s movement over the week reveals that its volatility is standing at 29.00% during that period while stretching the period over a month that decreases to 14.77%. 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 60.86 which implies that the stock is in neutral territory.

Over the week, GITS’s stock price is moving 26.11% up while it is 41.95% when we observe its performance for the past one month. Year-to-date it is -60.94% down and over the past year, the stock is showing a downside performance of -70.70%.

Currently, Global Interactive Technologies Inc’s total number of outstanding shares is 52.81M. Stock’s beta reads -4.53. Stock has a price to book (P/B) ratio of 1.57.