Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Graphjet Technology’s current trading price is -98.19% away from its 52-week high, while its distance from the 52-week low is 36.92%. The stock’s price range during this period has varied between $0.19 and $14.00. The company, active in the Basic Materials sector, saw a trading volume of around 2.54 million for the day, considerably lower average daily volume of 16.49 million observed over the last three months.
Graphjet Technology’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $14.00 on 03/15/24, and the lowest price during the same period was recorded at $0.19 on 12/20/24.
How Financial Performance Impacts Market Capitalization
Graphjet Technology (GTI) has experienced a quarterly decline of -91.28% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 37.17M and boasts a workforce of 20 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.5334, with a change in price of -2.7300. Similarly, Graphjet Technology recorded 9,935,904 in trading volume during the last 100 days, posting a change of -91.30%.
GTI Stock Stochastic Average
As of today, the raw stochastic average of Graphjet Technology over the past 50 days is 4.67%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 6.28%. Additionally, the Stochastic %K and %D values for the company were 14.18% and 15.90%, respectively, over the past 20 days.
GTI Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a loss of -71.86%.However, over the last six months, we can see a stronger performance of -90.30%. Over the last 30 days, the price of GTI has leaped by -27.61%. And in the last five days, it has fallen by -18.29%.
