Graphjet Technology (NASDAQ:GTI) currently has a daily average trading volume of 18.26M but it saw 5066668 shares traded in last market. With a market cap of 16.36M USD, the company’s current market price of $0.11 came falling about -4.70 while comparing to the previous closing price of $0.12. In past 52 weeks, the stock remained buoying in the range of price level as high as $14.00 and as low as $0.10. In the recent trading on the day, stock has struck highest price mark of $0.105 while lowest mark touched by it was $0.1197.
Taking a look at 20-day trading activity of Graphjet Technology (GTI) gives us an average price of $0.2107, while its current price level is -99.20% below from 52-week high level whereas it is 6.19% 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 $0.3602 while that of 200 days or SMA-200 reads an average of $2.4185. A closer look into the stock’s movement over the week reveals that its volatility is standing at 16.94% during that period while stretching the period over a month that decreases to 15.60%. 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 28.08 which implies that the stock is in oversold territory.
Over the week, GTI’s stock price is moving -20.64% down while it is -63.92% when we observe its performance for the past one month. Year-to-date it is -87.61% down and over the past year, the stock is showing a downside performance of -99.07%.
The company is expected to be releasing its next quarterly report in April, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.
Currently, Graphjet Technology’s total number of outstanding shares is 146.74M with 51.67% of that held by the insiders while 0.51% of its common stock has been owned by the institutions. Company’s return on equity (ROE) at -0.42%. It has a price to earnings ratio (P/E ratio) of 10.23. Stock’s beta reads 0.35. Its return on asset (ROA) is -0.27% on average.
