The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. This year’s metric has recorded a Price increase of 68.57%. However, over the past six months, we’ve seen a weaker performance of 88.05%. The price of GCT fallen by 3.84% over the last 30 days. And in the last five days, it has fallen by -23.78%.
The stock market performance of GigaCloud Technology Inc has been very steady. Over the last year, the company’s stock hit its highest at $43.56 on 03/04/24, while the lowest price during the same time frame was $4.86, recorded on 03/13/23.
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52-week price history of GCT Stock
The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. GigaCloud Technology Inc’s current trading price is -29.20% away from its 52-week high, while its distance from the 52-week low is 535.22%. The stock’s price range for this period has been between $4.86 and $43.56. The Technology sector company’s shares saw a trading volume of about 2.21 million for the day, which was lower than the average daily volume of 2.68 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
GigaCloud Technology Inc (GCT) has experienced a quarterly rise of 130.32% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.26B and boasts a workforce of 764 employees.
How Moving Averages and Trading Volume Data Work Together
Based on Barchart.com data, the company’s moving average over the 100-day period was 19.19, with a change in price of +21.81. Similarly, GigaCloud Technology Inc recorded 1,892,642 in trading volume during the last 100 days, posting a change of +241.53%.
GCT’s Debt-to-Equity Ratio: A Comprehensive Review
A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for GCT stands at 0.65. Similarly, the long-term debt-to-equity ratio is also 0.52.
GCT Stock Stochastic Average
As of today, the raw stochastic average of GigaCloud Technology Inc over the past 50 days is 51.45%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 45.55%. Additionally, the Stochastic %K and %D values for the company were 54.97% and 62.04%, respectively, over the past 20 days.
