In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The price of Graphjet Technology (NASDAQ: GTI) closed at $0.09 in the last session, up 8.36% from day before closing price of $0.08. In other words, the price has increased by $8.36 from its previous closing price. On the day, 5.62 million shares were traded. GTI stock price reached its highest trading level at $0.0942 during the session, while it also had its lowest trading level at $0.084.
Ratios:
We take a closer look at GTI’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.17 and its Current Ratio is at 0.17.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 13560064 and an Enterprise Value of 16856140.
Stock Price History:
The Beta on a monthly basis for GTI is 0.44, which has changed by -0.9791383 over the last 52 weeks, in comparison to a change of 0.12677538 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 -14.50%, while the 200-Day Moving Average is calculated to be -90.56%.
Shares Statistics:
According to the various share statistics, GTI traded on average about 23.29M shares per day over the past 3-months and 9784040 shares per day over the past 10 days. A total of 146.74M shares are outstanding, with a floating share count of 46.12M. Insiders hold about 68.57% 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 0.17, 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
