For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
The closing price of Graphjet Technology (NASDAQ: GTI) was $0.17 for the day, up 9.31% from the previous closing price of $0.15. In other words, the price has increased by $9.31 from its previous closing price. On the day, 35.59 million shares were traded. GTI stock price reached its highest trading level at $0.1788 during the session, while it also had its lowest trading level at $0.13.
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 24476398 and an Enterprise Value of 25983450.
Stock Price History:
The Beta on a monthly basis for GTI is 0.71, which has changed by -0.9737421 over the last 52 weeks, in comparison to a change of 0.11936104 over the same period for the S&P500. Over the past 52 weeks, GTI has reached a high of $7.20, while it has fallen to a 52-week low of $0.07. The 50-Day Moving Average of the stock is 54.14%, while the 200-Day Moving Average is calculated to be -87.39%.
Shares Statistics:
GTI traded an average of 13.31M shares per day over the past three months and 46738050 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 1745971200 were 1712511 with a Short Ratio of 0.13, compared to 1743379200 on 8016690. Therefore, it implies a Short% of Shares Outstanding of 1712511 and a Short% of Float of 3.9300002000000003.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
