In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The closing price of Graphjet Technology (NASDAQ: GTI) was $0.90 for the day, down -31.82% from the previous closing price of $1.32. In other words, the price has decreased by -$31.82 from its previous closing price. On the day, 15.82 million shares were traded. GTI stock price reached its highest trading level at $1.12 during the session, while it also had its lowest trading level at $0.8.
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 Dec 26 ’24 when SURIA SUKSES ENGINEERING SDN B sold 5,000,000 shares for $0.39 per share. The transaction valued at 1,950,000 led to the insider holds 17,982,895 shares of the business.
SURIA SUKSES ENGINEERING SDN B sold 500,000 shares of GTI for $430,000 on Dec 27 ’24. The 10% Owner now owns 17,482,895 shares after completing the transaction at $0.86 per share. On Dec 26 ’24, another insider, Hoo Swee Guan, who serves as the Director of the company, sold 250,000 shares for $0.41 each. As a result, the insider received 102,500 and left with 1,022,991 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 132066888 and an Enterprise Value of 133574176. As of this moment, Graphjet’s Price-to-Earnings (P/E) ratio for their current fiscal year is 82.57.
Stock Price History:
Over the past 52 weeks, GTI has reached a high of $14.00, while it has fallen to a 52-week low of $0.19. The 50-Day Moving Average of the stock is -56.35%, while the 200-Day Moving Average is calculated to be -78.61%.
Shares Statistics:
GTI traded an average of 12.93M shares per day over the past three months and 81145080 shares per day over the past ten days. A total of 146.74M shares are outstanding, with a floating share count of 84.84M. Insiders hold about 42.18% of the company’s shares, while institutions hold 0.04% stake in the company. Shares short for GTI as of 1734048000 were 96054 with a Short Ratio of 0.01, compared to 1731628800 on 99076. Therefore, it implies a Short% of Shares Outstanding of 96054 and a Short% of Float of 0.22.
