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GigaCloud Technology Inc (GCT) Stock: Navigating Market Highs and Lows in 52 Weeks

Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. GigaCloud Technology Inc’s current trading price is -22.31% away from its 52-week high, while its distance from the 52-week low is 576.30%. The stock’s price range during this period has varied between $5.19 and $45.18. The company, active in the Technology sector, saw a trading volume of around 2.59 million for the day, considerably lower average daily volume of 3.04 million observed over the last three months.

GigaCloud Technology Inc’s stock has had a calm market performance. The 1-year high for the company’s stock was $45.18 on 03/15/24, and the lowest price during the same period was recorded at $5.19 on 05/18/23.

How Financial Performance Impacts Market Capitalization

GigaCloud Technology Inc (GCT) has experienced a quarterly rise of 7.21% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.43B and boasts a workforce of 1362 employees.

The Role of Moving Averages and Trading Volume in Technical Analysis

Based on Barchart.com data, the company’s moving average over the 100-day period was 29.95, with a change in price of +20.59. Similarly, GigaCloud Technology Inc recorded 2,967,481 in trading volume during the last 100 days, posting a change of +138.10%.

How GCT’s Debt-to-Equity Ratio Affects Financial Health

A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for GCT stands at 1.48. Similarly, the long-term debt-to-equity ratio is also 1.26.

GCT Stock Stochastic Average

As of today, the raw stochastic average of GigaCloud Technology Inc over the past 50 days is 51.74%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 44.98%. Additionally, the Stochastic %K and %D values for the company were 52.02% and 58.80%, respectively, over the past 20 days.

GCT Stock Price Performance Analysis

The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a gain of 91.86%.However, over the last six months, we can see a weaker performance of 284.03%. Over the last 30 days, the price of GCT has fallen by 0.03%. And in the last five days, it has fallen by -10.32%.

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