Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The closing price of Graphjet Technology (NASDAQ: GTI) was $2.7 for the day, down -30.59% from the previous closing price of $3.89. In other words, the price has decreased by -$30.59 from its previous closing price. On the day, 0.95 million shares were traded. GTI stock price reached its highest trading level at $3.31 during the session, while it also had its lowest trading level at $2.42.
Ratios:
Our analysis of GTI’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.02 and its Current Ratio is at 0.02.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jan 14 ’25 when SURIA SUKSES ENGINEERING SDN B sold 2,490,517 shares for $0.46 per share. The transaction valued at 1,145,638 led to the insider holds 0 shares of the business.
SURIA SUKSES ENGINEERING SDN B sold 2,000,000 shares of GTI for $840,000 on Jan 13 ’25. The 10% Owner now owns 2,490,517 shares after completing the transaction at $0.42 per share. On Jan 10 ’25, another insider, SURIA SUKSES ENGINEERING SDN B, who serves as the 10% Owner of the company, sold 2,500,000 shares for $0.46 each. As a result, the insider received 1,150,000 and left with 4,490,517 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GTI now has a Market Capitalization of 8667168 and an Enterprise Value of 10229381. For the stock, the TTM Price-to-Sale (P/S) ratio is 173.38. Its current Enterprise Value per Revenue stands at 207.425 whereas that against EBITDA is -0.444.
Stock Price History:
The Beta on a monthly basis for GTI is 0.50, which has changed by -0.98152894 over the last 52 weeks, in comparison to a change of 0.15085125 over the same period for the S&P500. Over the past 52 weeks, GTI has reached a high of $227.40, while it has fallen to a 52-week low of $3.09. The 50-Day Moving Average of the stock is -34.12%, while the 200-Day Moving Average is calculated to be -61.10%.
Shares Statistics:
GTI traded an average of 175.68K shares per day over the past three months and 31020 shares per day over the past ten days. A total of 3.21M shares are outstanding, with a floating share count of 1.64M. Insiders hold about 48.85% of the company’s shares, while institutions hold 0.93% stake in the company. Shares short for GTI as of 1761868800 were 223532 with a Short Ratio of 1.27, compared to 1759190400 on 190851. Therefore, it implies a Short% of Shares Outstanding of 223532 and a Short% of Float of 14.610000000000001.
