The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Graphjet Technology’s current trading price is -97.57% away from its 52-week high, while its distance from the 52-week low is 83.78%. The stock’s price range for this period has been between $0.19 and $14.00 The company’s shares, which are part of the Basic Materials sector, had a trading volume of approximately 7.19 million for the day, a number notably lower than the average daily volume of 14.89 million over the last three months.
Graphjet Technology ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $14.00 on 03/15/24, while the lowest value for the same period was recorded at $0.19 on 12/20/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Graphjet Technology (GTI) has experienced a quarterly decline of -85.34% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 49.89M 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 2.0921, with a change in price of -2.4600. Similarly, Graphjet Technology recorded 9,358,069 in trading volume during the last 100 days, posting a change of -87.86%.
GTI Stock Stochastic Average
As of today, Graphjet Technology’s raw stochastic average for the last 50 days stands at 4.30%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 9.66%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 13.72% and 15.39%, 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. Until today this year the stock’s price performance recorded a decrease of -62.22%. However, over the last six months, the performance has been stronger by -91.85%. The price of GTI decreased -42.48% over the last 30 days. And in the last five days, it has fallen by -20.43%.
