Graphex Group Limited ADR (AMEX:GRFX) does about 329.47K shares in volume on a normal day but saw 9059069 shares change hands in the recent trading day. The company now has a market cap of 25.53M USD. Its current market price is $0.44, marking an increase of 52.33% compared to the previous close of $0.29. The 52 week high reached by this stock is $1.00 whilst the lowest price level in 52 weeks is $0.14. The script in recent trading has seen the stock touch a high of $0.4 and a low of $0.4.
Graphex Group Limited ADR (GRFX) has a 20-day trading average at $0.2248 and the current price is -56.33% off the 52-week high compared with 208.29% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.2242 and its 200-day simple moving average is $0.2737. If we look at the stock’s price movements over the week, volatility stands at 42.82%, which decreases to 21.43% 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 76.99 to suggest the stock is overbought.
The consensus objective for the share price is $0.40, suggesting that the stock has a potential downside of -10.0% over the period. The median price target is -10.0% away from the current levels at $0.4.
The current price level is 93.47%, 94.05%, and 58.96% away from its SMA20, SMA50, and SMA200 respectively, with the GRFX price moving below the 50-day SMA on current market day. Graphex Group Limited ADR (GRFX) stock is up 98.63% over the week and 137.45% over the past month. Its price is -50.02% year-to-date and -55.17% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and -0.31 for whole year.
Its 12-month price target is $0.4. To reach the target analysts have set, the stock logically needs to shrink -10.0 percent from here. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $0.4, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $0.4.
Outstanding shares total 48.56M with insiders holding 0.00% of the shares and institutional holders owning 4.51% of the company’s common stock. The company has a return on investment of -30.31% and return on equity of -35.09%. The beta has a value of 1.60. Price to book ratio is 0.51 and price to sales ratio is 0.85.
