Graphjet Technology [NASDAQ: GTI] stock went on a downward path that fall over -10.88% on Friday, amounting to a one-week price increase of more than 21.52%.
Over the last 12 months, GTI stock dropped by -97.97%.
The market cap for the stock reached $19.22 million, with 146.74 million shares outstanding and 45.67 million shares in the current float. Compared to the average trading volume of 12.35M shares, GTI stock reached a trading volume of 19419442 in the most recent trading day, which is why market watchdogs consider the stock to be active.
GTI Stock Performance Analysis:
Graphjet Technology [GTI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 21.52. With this latest performance, GTI shares gained by 21.52% in over the last four-week period, additionally sinking by -95.10% over the last 6 months – not to mention a drop of -97.97% 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 56.20, with the RSI for the last a single of trading hit 60.61, and the three-weeks RSI is set at 49.15 for Graphjet Technology [GTI]. The present Moving Average for the last 50 days of trading for this stock 0.1064, while it was recorded at 0.1168 for the last single week of trading, and 1.3503 for the last 200 days.
Insight into Graphjet Technology 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.
