The price-to-earnings ratio for Graphjet Technology (NASDAQ: GTI) is above average at 322.02x, Company’s 36-month beta value is -0.06.
The public float for GTI is 78.60M, and currently, short sellers hold a 0.12% ratio of that floaft. The average trading volume of GTI on November 15, 2024 was 200.35K shares.
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GTI) stock’s latest price update
Graphjet Technology (NASDAQ: GTI)’s stock price has gone rise by 17.79 in comparison to its previous close of 2.98, however, the company has experienced a 37.38% increase in its stock price over the last five trading days. globenewswire.com reported 2024-07-26 that NEW YORK, July 26, 2024 (GLOBE NEWSWIRE) — Pomerantz LLP is investigating claims on behalf of investors of Graphjet Technology (“Graphjet” or the “Company”) (NASDAQ: GTI). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.
GTI’s Market Performance
GTI’s stock has risen by 37.38% in the past week, with a monthly rise of 57.40% and a quarterly rise of 61.01%. The volatility ratio for the week is 12.16% while the volatility levels for the last 30 days are 10.02% for Graphjet Technology The simple moving average for the past 20 days is 45.27% for GTI’s stock, with a -36.78% simple moving average for the past 200 days.
GTI Trading at 37.42% from the 50-Day Moving Average
After a stumble in the market that brought GTI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -74.93% of loss for the given period.
Volatility was left at 10.02%, however, over the last 30 days, the volatility rate increased by 12.16%, as shares surge +51.29% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +38.74% upper at present.
During the last 5 trading sessions, GTI rose by +37.38%, which changed the moving average for the period of 200-days by -69.74% in comparison to the 20-day moving average, which settled at $2.42. In addition, Graphjet Technology saw -68.97% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for GTI
The total capital return value is set at -3.04. Equity return is now at value -0.42, with -0.27 for asset returns.
Based on Graphjet Technology (GTI), the company’s capital structure generated -1.09 points at debt to capital in total, while cash flow to debt ratio is standing at -0.29. The debt to equity ratio resting at -0.52. The interest coverage ratio of the stock is -1197.27.
Currently, EBITDA for the company is -0.9 million with net debt to EBITDA at -0.28. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.17.
Conclusion
In a nutshell, Graphjet Technology (GTI) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
