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 -96.40%.However, over the last six months, we can see a stronger performance of -68.09%. Over the last 30 days, the price of GTI has fallen by 11.69%. And in the last five days, it has fallen by -23.24%.
Graphjet Technology’s market performance has been unstable in recent times.
52-week price history of GTI Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Graphjet Technology’s current trading price is -97.60% away from its 52-week high, while its distance from the 52-week low is 75.00%. The stock’s price range during this period has varied between$0.06 and $4.15. The Graphjet Technology’s shares, which operate in the Basic Materials, saw a trading volume of around 11.64 million for the day, a figure considerably lower than their average daily volume of 39.25 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Graphjet Technology (GTI) has experienced a quarterly decline of -8.64% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 14.71M and boasts a workforce of 18 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.1049, with a change in price of -0.0051. Similarly, Graphjet Technology recorded 27,659,479 in trading volume during the last 100 days, posting a change of -4.88%.
GTI Stock Stochastic Average
As of today, Graphjet Technology’s raw stochastic average for the last 50 days stands at 39.44%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 33.60%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 49.68% and 57.83%, respectively.