Graphjet Technology [NASDAQ: GTI] loss -4.15% on the last trading session, reaching $0.10 price per share at the time.
If compared to the average trading volume of 6.59M shares, GTI reached a trading volume of 48985176 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Trading performance analysis for GTI stock
Graphjet Technology [GTI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -7.53. With this latest performance, GTI shares dropped by -11.90% in over the last four-week period, additionally sinking by -96.41% over the last 6 months – not to mention a drop of -98.65% 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 39.91, with the RSI for the last a single of trading hit 36.50, and the three-weeks RSI is set at 39.03 for Graphjet Technology [GTI]. The present Moving Average for the last 50 days of trading for this stock 0.1070, while it was recorded at 0.1046 for the last single week of trading, and 1.3794 for the last 200 days.
Graphjet Technology [GTI]: A deeper dive into fundamental analysis
Graphjet Technology’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.17 and a Current Ratio set at 0.17.
An analysis of Institutional ownership at Graphjet Technology [GTI]
There are presently around $0.32%, or 0.65%% of GTI stock, in the hands of institutional investors.
