Gelteq Ltd [NASDAQ: GELS] traded at a high on Wednesday, posting a 26.19 gain after which it closed the day’ session at $2.65.
The results of the trading session contributed to over 7426410 shares changing hands. Over the past one week, the price volatility of Gelteq Ltd stands at 16.71% while the volatility over the past one month is 15.47%.
The market cap for GELS stock reached $24.34 million, with 9.44 million shares outstanding and 3.74 million shares in the current float. Compared to the average trading volume of 415.79K shares, GELS reached a trading volume of 7426410 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Gelteq Ltd [GELS]?
The Average True Range (ATR) for Gelteq Ltd is set at 0.46 The Price to Book ratio for the last quarter was 2.48, with the Price to Cash per share for the same quarter was set at 0.00.
How has GELS stock performed recently?
Gelteq Ltd [GELS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 35.20.
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 GELS stock in for the last two-week period is set at 54.28, with the RSI for the last a single of trading hit 60.51, and the three-weeks RSI is set at 51.41 for Gelteq Ltd [GELS]. The present Moving Average for the last 50 days of trading for this stock 2.38, while it was recorded at 2.23 for the last single week of trading.
Gelteq Ltd [GELS]: Deeper insight into the fundamentals
Gelteq Ltd’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.10 and a Current Ratio set at 0.10.
