Graphjet Technology (NASDAQ:GTI) currently has a daily average trading volume of 13.12M but it saw 100865887 shares traded in last market. With a market cap of 15.25M USD, the company’s current market price of $0.10 came falling about -3.26 while comparing to the previous closing price of $0.11. In past 52 weeks, the stock remained buoying in the range of price level as high as $11.09 and as low as $0.08. In the recent trading on the day, stock has struck highest price mark of $0.094 while lowest mark touched by it was $0.1339.
Taking a look at 20-day trading activity of Graphjet Technology (GTI) gives us an average price of $0.1198, while its current price level is -99.06% below from 52-week high level whereas it is 26.71% 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 $0.2390 while that of 200 days or SMA-200 reads an average of $2.1322. A closer look into the stock’s movement over the week reveals that its volatility is standing at 24.90% during that period while stretching the period over a month that decreases to 20.21%. 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 32.75 which implies that the stock is in neutral territory.
Over the week, GTI’s stock price is moving 5.06% up while it is -58.93% when we observe its performance for the past one month. Year-to-date it is -88.46% down and over the past year, the stock is showing a downside performance of -98.70%.
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 9.53. Stock’s beta reads 0.32. Its return on asset (ROA) is -0.27% on average.
