For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
GigaCloud Technology Inc (NASDAQ: GCT) closed the day trading at $15.53 down -3.00% from the previous closing price of $16.01. In other words, the price has decreased by -$3.00 from its previous closing price. On the day, 3.94 million shares were traded.
Ratios:
For a better understanding of GCT, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.44 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.18. For the most recent quarter (mrq), Quick Ratio is recorded 1.39 and its Current Ratio is at 2.13. In the meantime, Its Debt-to-Equity ratio is 1.26 whereas as Long-Term Debt/Eq ratio is at 1.05.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, ROTH MKM on Mar-05-25, Downgraded its rating to Neutral and sets its target price to $15 from $32 previously.
On July 29, 2024, Lake Street started tracking the stock assigning a Buy rating and target price of $50.
On May 22, 2024, Maxim Group started tracking the stock assigning a Buy rating and target price of $69.Maxim Group initiated its Buy rating on May 22, 2024, with a $69 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 27 ’24 when Bernes Marshall bought 5,000 shares for $17.50 per share. The transaction valued at 87,500 led to the insider holds 45,000 shares of the business.
WAN XIN sold 466 shares of GCT for $9,320 on Dec 18 ’24. The Chief Technology Officer now owns 0 shares after completing the transaction at $20.00 per share. On Dec 16 ’24, another insider, WAN XIN, who serves as the Chief Technology Officer of the company, sold 68,437 shares for $20.43 each. As a result, the insider received 1,398,103 and left with 1,563 shares of the company.
Valuation Measures:
As of this moment, GigaCloud’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.90, and their Forward P/E ratio for the next fiscal year is 4.71. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.57 while its Price-to-Book (P/B) ratio in mrq is 1.60.
Stock Price History:
Over the past 52 weeks, GCT has reached a high of $45.18, while it has fallen to a 52-week low of $15.61. The 50-Day Moving Average of the stock is -19.73%, while the 200-Day Moving Average is calculated to be -35.25%.
Shares Statistics:
A total of 33.30M shares are outstanding, with a floating share count of 27.38M. Insiders hold about 32.75% of the company’s shares, while institutions hold 30.39% stake in the company.
