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The closing price of Graphjet Technology (NASDAQ: GTI) was $0.08 for the day, down -12.63% from the previous closing price of $0.09. In other words, the price has decreased by -$12.63 from its previous closing price. On the day, 12.88 million shares were traded.
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.
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 $0.06. The 50-Day Moving Average of the stock is -32.64%, while the 200-Day Moving Average is calculated to be -93.31%.
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.
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.
