A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. This year’s metric has recorded a Price decrease of -69.00%. However, over the past six months, we’ve seen a stronger performance of -85.39%. The price of GTI leaped by -17.94% over the last 30 days. And in the last five days, it has fallen by -9.42%.
Graphjet Technology’s stock market performance has been somewhat irregular. The 1-year high for the company’s stock was recorded at $14.00 on 03/15/24, with the lowest value being $0.19 on 12/20/24.
52-week price history of GTI Stock
The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. Graphjet Technology’s current trading price is -98.01% away from its 52-week high, while its distance from the 52-week low is 50.81%. The stock’s price range for this period has been between $0.19 and $14.00. The Basic Materials sector company’s shares saw a trading volume of about 1.36 million for the day, which was lower than the average daily volume of 16.38 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
Graphjet Technology (GTI) has experienced a quarterly decline of -90.97% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 40.94M 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 1.6133, with a change in price of -2.7310. Similarly, Graphjet Technology recorded 9,864,438 in trading volume during the last 100 days, posting a change of -90.73%.
GTI Stock Stochastic Average
As of today, the raw stochastic average of Graphjet Technology over the last 50 days is at 3.49%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 5.27%. Further, the company’s Stochastic %K and %D values for the last 20 days were 24.32% and 29.83%, respectively.
