Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $0.08 in the prior trading day, Graphjet Technology (NASDAQ: GTI) closed at $0.08, up 5.58%. In other words, the price has increased by $5.58 from its previous closing price. On the day, 7.97 million shares were traded.
Ratios:
Our goal is to gain a better understanding of GTI by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.17 and its Current Ratio is at 0.17.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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.
Stock Price History:
Over the past 52 weeks, GTI has reached a high of $6.60, while it has fallen to a 52-week low of $0.07. The 50-Day Moving Average of the stock is -28.41%, while the 200-Day Moving Average is calculated to be -93.20%.
Shares Statistics:
A total of 146.74M shares are outstanding, with a floating share count of 45.67M. Insiders hold about 68.88% of the company’s shares, while institutions hold 0.24% stake in the company.
