The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
After finishing at $0.43 in the prior trading day, Graphjet Technology (NASDAQ: GTI) closed at $0.45, up 5.97%. In other words, the price has increased by $5.97 from its previous closing price. On the day, 16.79 million shares were traded. GTI stock price reached its highest trading level at $0.6062 during the session, while it also had its lowest trading level at $0.422.
Ratios:
Our goal is to gain a better understanding of GTI by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.17 and its Current Ratio is at 0.17.
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 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 66444324 and an Enterprise Value of 67951464. As of this moment, Graphjet’s Price-to-Earnings (P/E) ratio for their current fiscal year is 41.54.
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 -74.91%, while the 200-Day Moving Average is calculated to be -88.26%.
Shares Statistics:
The stock has traded on average 14.48M shares per day over the past 3-months and 56446420 shares per day over the last 10 days, according to various share statistics. A total of 146.74M shares are outstanding, with a floating share count of 98.01M. Insiders hold about 33.21% of the company’s shares, while institutions hold 0.04% stake in the company. Shares short for GTI as of 1735603200 were 3842208 with a Short Ratio of 0.27, compared to 1732838400 on 88488. Therefore, it implies a Short% of Shares Outstanding of 3842208 and a Short% of Float of 8.8199995.
