Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The closing price of GigaCloud Technology Inc (NASDAQ: GCT) was $15.31 for the day, up 1.26% from the previous closing price of $15.12. In other words, the price has increased by $1.26 from its previous closing price. On the day, 0.95 million shares were traded.
Ratios:
Our analysis of GCT’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.02 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.30. For the most recent quarter (mrq), Quick Ratio is recorded 1.41 and its Current Ratio is at 2.07. In the meantime, Its Debt-to-Equity ratio is 1.20 whereas as Long-Term Debt/Eq ratio is at 0.98.
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 March 04, 2025, 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:
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 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 5.01, and their Forward P/E ratio for the next fiscal year is 4.64. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.53 while its Price-to-Book (P/B) ratio in mrq is 1.52.
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 $13.60. The 50-Day Moving Average of the stock is -19.88%, while the 200-Day Moving Average is calculated to be -34.91%.
Shares Statistics:
A total of 32.27M shares are outstanding, with a floating share count of 26.33M. Insiders hold about 33.28% of the company’s shares, while institutions hold 31.35% stake in the company.
