Investors Getting Picky When It Comes To Buying Global Interactive Technologies Inc (GITS)

Global Interactive Technologies Inc (NASDAQ:GITS) does about 3.70M shares in volume on a normal day but saw 2734385 shares change hands in the recent trading day. The company now has a market cap of 13.26M USD. Its current market price is $0.25, marking a decrease of -0.44% compared to the previous close of $0.25. The 52 week high reached by this stock is $1.09 whilst the lowest price level in 52 weeks is $0.17.

Global Interactive Technologies Inc (GITS) has a 20-day trading average at $0.2705 and the current price is -76.97% off the 52-week high compared with 45.93% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.2477 and its 200-day simple moving average is $0.3002. If we look at the stock’s price movements over the week, volatility stands at 37.17%, which decreases to 16.91% 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 47.00 to suggest the stock is neutral.

The current price level is -7.21%, 1.33%, and -16.39% away from its SMA20, SMA50, and SMA200 respectively, with the GITS price moving below the 50-day SMA on current market day. Global Interactive Technologies Inc (GITS) stock is down -10.33% over the week and 16.64% over the past month. Its price is -69.01% year-to-date and -67.11% over the past year.

The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.

The beta has a value of -3.90. Price to book ratio is 1.25.