Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The price of Graphjet Technology (NASDAQ: GTI) closed at $0.30 in the last session, down -3.55% from day before closing price of $0.31. In other words, the price has decreased by -$3.55 from its previous closing price. On the day, 0.52 million shares were traded.
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:
As of this moment, Graphjet’s Price-to-Earnings (P/E) ratio for their current fiscal year is 27.43.
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 -53.43%, while the 200-Day Moving Average is calculated to be -89.84%.
Shares Statistics:
A total of 146.74M shares are outstanding, with a floating share count of 108.58M. Insiders hold about 26.01% of the company’s shares, while institutions hold 0.52% stake in the company.
