The market performance of Graphjet Technology’s stock has been turbulent in recent times. Over the last year, the company’s stock reached its highest point at $14.00 on 03/15/24, while the lowest value for the same duration was $0.19 on 12/20/24.
52-week price history of GTI Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Graphjet Technology’s current trading price is -93.64% away from its 52-week high, while its distance from the 52-week low is 381.08%. The stock’s price range during this period has spanned from $0.19 to $14.00. In the Basic Materials sector, the Graphjet Technology’s shares surpassed a trading volume of approximately 7.2 million for the day, which was noticeably lower compared to the average daily volume of 9.13.42 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Graphjet Technology (GTI) has experienced a quarterly decline of -67.40% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 116.23M and boasts a workforce of 20 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.2899, with a change in price of -1.2100. Similarly, Graphjet Technology recorded 8,643,264 in trading volume during the last 100 days, posting a change of -57.62%.
GTI Stock Stochastic Average
Today’s raw stochastic average for Graphjet Technology over the last 50 days is 19.56%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 24.19%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 23.45% and 23.94%, respectively.
GTI Stock Price Performance Analysis
The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic. The metric has seen a significant loss of -1.11% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -79.82%. Over the past 30 days, the price of GTI has leaped by -73.27%. And in the last five days, it has surged by 162.92%.