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.
The closing price of Graphjet Technology (NASDAQ: GTI) was $0.09 for the day, down -1.12% from the previous closing price of $0.09. In other words, the price has decreased by -$1.12 from its previous closing price. On the day, 1.92 million shares were traded. GTI stock price reached its highest trading level at $0.0895 during the session, while it also had its lowest trading level at $0.083.
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 0.17 and its Current Ratio is at 0.17.
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 12970496 and an Enterprise Value of 16856140.
Stock Price History:
The Beta on a monthly basis for GTI is 0.44, which has changed by -0.9823293 over the last 52 weeks, in comparison to a change of 0.1116153 over the same period for the S&P500. Over the past 52 weeks, GTI has reached a high of $5.69, while it has fallen to a 52-week low of $0.06. The 50-Day Moving Average of the stock is -16.30%, while the 200-Day Moving Average is calculated to be -90.32%.
Shares Statistics:
GTI traded an average of 22.16M shares per day over the past three months and 7880560 shares per day over the past ten days. 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. Shares short for GTI as of 1749772800 were 4038764 with a Short Ratio of 0.07, compared to 1747267200 on 4971377. Therefore, it implies a Short% of Shares Outstanding of 4038764 and a Short% of Float of 9.13.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
