Graphjet Technology (NASDAQ:GTI) currently has a daily average trading volume of 4.86M but it saw 22140061 shares traded in last market. With a market cap of 49.67M USD, the company’s current market price of $0.34 came falling about -44.51 while comparing to the previous closing price of $0.61. In past 52 weeks, the stock remained buoying in the range of price level as high as $14.00 and as low as $0.19. In the recent trading on the day, stock has struck highest price mark of $0.3318 while lowest mark touched by it was $0.597.
Taking a look at 20-day trading activity of Graphjet Technology (GTI) gives us an average price of $1.5018, while its current price level is -97.58% below from 52-week high level whereas it is 82.97% 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 $2.1343 while that of 200 days or SMA-200 reads an average of $4.3722. A closer look into the stock’s movement over the week reveals that its volatility is standing at 107.61% during that period while stretching the period over a month that decreases to 56.64%. 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 29.65 which implies that the stock is in oversold territory.
Over the week, GTI’s stock price is moving -17.03% down while it is -87.56% when we observe its performance for the past one month. Year-to-date it is -97.01% down and over the past year, the stock is showing a downside performance of -97.00%.
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 31.06. Stock’s beta reads -0.02. Its return on asset (ROA) is -0.27% on average.
