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. Graphjet Technology’s current trading price is -96.56% away from its 52-week high, while its distance from the 52-week low is 160.65%. The stock’s price range over this period has fluctuated between $0.19 and $14.00. The company, operating within the financial sector, had a trading volume of approximately 3.85 million for the day, which was noticeably lower than the average daily share volume of 14.34 million over the last 3 months.
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.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Graphjet Technology (GTI) has experienced a quarterly decline of -82.09% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 70.75M and boasts a workforce of 20 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.2134, with a change in price of -1.4510. Similarly, Graphjet Technology recorded 9,037,510 in trading volume during the last 100 days, posting a change of -75.97%.
GTI Stock Stochastic Average
Today, Graphjet Technology’s raw stochastic average for the past 50 days stands at 7.60%, indicating a decline from the raw stochastic average of the last 20 days, which was 17.07%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 14.97% and 13.44% respectively.
GTI Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. This year’s metric has recorded a Price decrease of -46.42%. However, over the past six months, we’ve seen a stronger performance of -89.95%. The price of GTI leaped by -71.13% over the last 30 days. And in the last five days, it has fallen by -45.82%.
