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. Year to date metric has recorded a loss of -75.69%.However, over the last six months, we can see a stronger performance of -50.00%. Over the last 30 days, the price of GTI has fallen by 25.57%. And in the last five days, it has fallen by -7.72%.
The market performance of Graphjet Technology has been somewhat unstable. Over the past year, the company’s stock achieved a high of $14.00 on 03/15/24, with the lowest value for the same timeframe being $1.87, recorded on 08/16/24.
52-week price history of GTI Stock
A stock’s 52-week price history, including the low and high prices, can offer valuable insights into its current standing and future prospects. Graphjet Technology’s current trading price is -80.36% away from its 52-week high, while its distance from the 52-week low is 47.06%. The stock’s price range over this timeframe has been between $1.87 and $14.00. The shares of the Basic Materials sector company recorded a trading volume of approximately 0.57 million for the day, which was comparatively higher than the average daily volume of 0.1 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
Graphjet Technology (GTI) has experienced a quarterly rise of 8.70% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 403.54M and boasts a workforce of 20 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 2.73, with a change in price of -2.23. Similarly, Graphjet Technology recorded 174,217 in trading volume during the last 100 days, posting a change of -44.78%.
GTI Stock Stochastic Average
The raw stochastic average for Graphjet Technology over the last 50 days is presently at 44.97%. This reflects a surge from the raw stochastic average of the previous 20 days, which was noted at 30.20%. Further, the company’s Stochastic %K and %D values for the last 20 days were 40.93% and 37.76%, respectively.
