Graphjet Technology (NASDAQ:GTI) currently has a daily average trading volume of 14.75M but it saw 3470144 shares traded in last market. With a market cap of 70.43M USD, the company’s current market price of $0.48 came rising about 6.01 while comparing to the previous closing price of $0.45. 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 $0.4318 while lowest mark touched by it was $0.5099.
Taking a look at 20-day trading activity of Graphjet Technology (GTI) gives us an average price of $0.6012, while its current price level is -96.57% below from 52-week high level whereas it is 159.46% 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 $1.7717 while that of 200 days or SMA-200 reads an average of $3.8224. A closer look into the stock’s movement over the week reveals that its volatility is standing at 36.13% during that period while stretching the period over a month that increases to 70.32%. 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 38.50 which implies that the stock is in neutral territory.
Over the week, GTI’s stock price is moving -4.00% down while it is -53.40% when we observe its performance for the past one month. Year-to-date it is -46.67% down and over the past year, the stock is showing a downside performance of -95.81%.
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 44.04. Stock’s beta reads 0.24. Its return on asset (ROA) is -0.27% on average.
