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.
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Global Interactive Technologies Inc (NASDAQ: GITS) closed the day trading at $0.27 down -4.03% from the previous closing price of $0.28. In other words, the price has decreased by -$4.03 from its previous closing price. On the day, 0.88 million shares were traded. GITS stock price reached its highest trading level at $0.274 during the session, while it also had its lowest trading level at $0.2407.
Ratios:
For a better understanding of GITS, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.95 and its Current Ratio is at 1.95. In the meantime, Its Debt-to-Equity ratio is 0.53 whereas as Long-Term Debt/Eq ratio is at 0.00.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GITS now has a Market Capitalization of 14205513.
Stock Price History:
Over the past 52 weeks, GITS has reached a high of $1.09, while it has fallen to a 52-week low of $0.17. The 50-Day Moving Average of the stock is 6.18%, while the 200-Day Moving Average is calculated to be -10.22%.
Shares Statistics:
Over the past 3-months, GITS traded about 3.86M shares per day on average, while over the past 10 days, GITS traded about 2231950 shares per day. A total of 52.81M shares are outstanding, with a floating share count of 35.68M. Insiders hold about 32.44% of the company’s shares, while institutions hold 0.27% stake in the company.