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.
In the latest session, Graphjet Technology (NASDAQ: GTI) closed at $0.68 down -23.62% from its previous closing price of $0.89. In other words, the price has decreased by -$23.62 from its previous closing price. On the day, 9.24 million shares were traded. GTI stock price reached its highest trading level at $0.8858 during the session, while it also had its lowest trading level at $0.6566.
Ratios:
For a deeper understanding of Graphjet Technology’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.17 and its Current Ratio is at 0.17.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jan 02 ’25 when SURIA SUKSES ENGINEERING SDN B sold 1,060,613 shares for $1.07 per share. The transaction valued at 1,133,795 led to the insider holds 14,422,282 shares of the business.
SURIA SUKSES ENGINEERING SDN B sold 500,000 shares of GTI for $450,000 on Jan 03 ’25. The 10% Owner now owns 13,922,282 shares after completing the transaction at $0.90 per share. On Dec 31 ’24, another insider, SURIA SUKSES ENGINEERING SDN B, who serves as the 10% Owner of the company, sold 2,000,000 shares for $0.89 each. As a result, the insider received 1,780,000 and left with 15,482,895 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 99754520 and an Enterprise Value of 101261736. As of this moment, Graphjet’s Price-to-Earnings (P/E) ratio for their current fiscal year is 62.37.
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 -65.64%, while the 200-Day Moving Average is calculated to be -83.23%.
Shares Statistics:
For the past three months, GTI has traded an average of 13.53M shares per day and 82685020 over the past ten days. A total of 146.74M shares are outstanding, with a floating share count of 92.77M. Insiders hold about 36.78% 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.