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 -97.79% away from its 52-week high, while its distance from the 52-week low is 67.03%. 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 1.25 million for the day, a number notably lower than the average daily volume of 16.02 million over the last three months.
Graphjet Technology’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $14.00 on 03/15/24 and a low of $0.19 for the same time frame on 12/20/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Graphjet Technology (GTI) has experienced a quarterly decline of -87.91% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 45.34M 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 1.7778, with a change in price of -1.9310. Similarly, Graphjet Technology recorded 9,826,335 in trading volume during the last 100 days, posting a change of -86.21%.
GTI Stock Stochastic Average
As of today, Graphjet Technology’s raw stochastic average for the last 50 days stands at 3.74%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 19.20%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 16.45% and 16.67%, respectively.
GTI Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Until today this year the stock’s price performance recorded a decrease of -65.67%. However, over the last six months, the performance has been stronger by -85.56%. The price of GTI decreased -29.39% over the last 30 days. And in the last five days, it has fallen by -4.86%.
