Gelteq Ltd [NASDAQ: GELS] gained 220.00% on the last trading session, reaching $2.88 price per share at the time.
If compared to the average trading volume of 183.83K shares, GELS reached a trading volume of 89479500 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Gelteq Ltd [GELS]:
The Average True Range (ATR) for Gelteq Ltd is set at 0.36 The Price to Book ratio for the last quarter was 2.69, with the Price to Cash per share for the same quarter was set at 0.00.
Trading performance analysis for GELS stock
Gelteq Ltd [GELS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 209.68.
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 84.03, with the RSI for the last a single of trading hit 90.61, and the three-weeks RSI is set at 76.38 for Gelteq Ltd [GELS]. The present Moving Average for the last 50 days of trading for this stock 1.3700, while it was recorded at 1.3000 for the last single week of trading.
Gelteq Ltd [GELS]: A deeper dive into fundamental analysis
Gelteq Ltd’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.08 and a Current Ratio set at 0.08.
An analysis of Institutional ownership at Gelteq Ltd [GELS]
There are presently around $0.86%, or 2.16%% of GELS stock, in the hands of institutional investors.
