Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. GigaCloud Technology Inc’s current trading price is -40.44% away from its 52-week high, while its distance from the 52-week low is 445.80%. The stock’s price range over this period has fluctuated between $4.93 and $45.18. The company, operating within the financial sector, had a trading volume of approximately 3.25 million for the day, which was noticeably higher than the average daily share volume of 3.08 million over the last 3 months.
GigaCloud Technology Inc experienced a rather steady stock market performance. The highest value in the past year was recorded at $45.18 on 03/15/24 and the lowest value was $4.93 on 04/27/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
GigaCloud Technology Inc (GCT) has experienced a quarterly rise of 80.48% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.10B and boasts a workforce of 764 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 21.45, with a change in price of +18.69. Similarly, GigaCloud Technology Inc recorded 2,273,583 in trading volume during the last 100 days, posting a change of +227.37%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for GCT stands at 1.38. Similarly, the long-term debt-to-equity ratio is also 1.18.
GCT Stock Stochastic Average
Today, GigaCloud Technology Inc’s raw stochastic average for the past 50 days stands at 32.73%, indicating a rise from the raw stochastic average of the last 20 days, which was 1.03%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 7.50% and 15.84% respectively.
GCT Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The metric has seen a significant gain of 47.09% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 174.31%. Over the past 30 days, the price of GCT has leaped by -22.92%. And in the last five days, it has fallen by -37.64%.
