Graphjet Technology [NASDAQ: GTI] surged by $0.03 during the normal trading session on while it closed the day at $0.17.
Graphjet Technology stock has also loss -34.78% of its value over the past 7 days. However, GTI stock has declined by -93.87% in the 3 months of the year. Over the past six months meanwhile, it has lost -93.65% and lost -81.67% year-on date.
The market cap for GTI stock reached $24.21 million, with 146.74 million shares outstanding and 108.58 million shares in the current float. Compared to the average trading volume of 17.00M shares, GTI reached a trading volume of 51740096 in the most recent trading day, which is why market watchdogs consider the stock to be active.
GTI stock trade performance evaluation
Graphjet Technology [GTI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -34.78. With this latest performance, GTI shares dropped by -46.77% in over the last four-week period, additionally sinking by -93.65% over the last 6 months – not to mention a drop of -95.29% 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 30.87, with the RSI for the last a single of trading hit 26.18, and the three-weeks RSI is set at 34.33 for Graphjet Technology [GTI]. The present Moving Average for the last 50 days of trading for this stock 0.4002, while it was recorded at 0.1803 for the last single week of trading, and 2.6013 for the last 200 days.
Graphjet Technology [GTI]: An insightful look at the core 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.