Graphjet Technology [NASDAQ: GTI] traded at a low on Monday, posting a -2.35 loss after which it closed the day’ session at $0.43.
The results of the trading session contributed to over 8657908 shares changing hands. Over the past one week, the price volatility of Graphjet Technology stands at 40.41% while the volatility over the past one month is 73.04%.
The market cap for GTI stock reached $62.70 million, with 146.74 million shares outstanding and 98.01 million shares in the current float. Compared to the average trading volume of 14.34M shares, GTI reached a trading volume of 8657908 in the most recent trading day, which is why market watchdogs consider the stock to be active.
How has GTI stock performed recently?
Graphjet Technology [GTI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -51.99. With this latest performance, GTI shares dropped by -74.41% in over the last four-week period, additionally sinking by -91.10% over the last 6 months – not to mention a drop of -96.24% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for GTI stock in for the last two-week period is set at 37.16, with the RSI for the last a single of trading hit 36.52, and the three-weeks RSI is set at 37.87 for Graphjet Technology [GTI]. The present Moving Average for the last 50 days of trading for this stock 1.8383, while it was recorded at 0.4993 for the last single week of trading, and 3.8881 for the last 200 days.
Graphjet Technology [GTI]: Deeper insight into the fundamentals
Graphjet Technology’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.17 and a Current Ratio set at 0.17.
