Market cap of Graphjet Technology [GTI] reaches 11.65M – now what?

ULTA

Graphjet Technology [NASDAQ: GTI] surged by $23759999.93 during the normal trading session on Tuesday and reaching a high of $0.0809 during the day while it closed the day at $23760000.0.

Graphjet Technology stock has also gained 3.66% of its value over the past 7 days. However, GTI stock has declined by -21.39% in the 3 months of the year. Over the past six months meanwhile, it has lost -80.54% and lost -98.57% year-on date.

The market cap for GTI stock reached $11.65 million, with 146.74 million shares outstanding and 46.12 million shares in the current float. Compared to the average trading volume of 23.76M shares, GTI reached a trading volume of 5645678 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] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.66. With this latest performance, GTI shares dropped by -56.18% in over the last four-week period, additionally sinking by -80.54% over the last 6 months – not to mention a drop of -91.18% in the past year of trading.

Graphjet Technology [GTI]: Institutional Ownership

There are presently around $0.24%, or 4.33% of GTI stock, in the hands of institutional investors.

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