The price-to-earnings ratio for Graphjet Technology (NASDAQ: GTI) is above average at 26.23x. The 36-month beta value for GTI is also noteworthy at 0.03.
The public float for GTI is 108.58M, and at present, short sellers hold a 1.09% of that float. The average trading volume of GTI on February 20, 2025 was 16.38M shares.
GTI) stock’s latest price update
The stock of Graphjet Technology (NASDAQ: GTI) has decreased by -4.38 when compared to last closing price of 0.30.Despite this, the company has seen a loss of -7.18% in its stock price over the last five trading days. globenewswire.com reported 2024-12-05 that Innovative technological leader to oversee all technical, operational, customer support and business development initiatives Innovative technological leader to oversee all technical, operational, customer support and business development initiatives
GTI’s Market Performance
Graphjet Technology (GTI) has experienced a -7.18% fall in stock performance for the past week, with a -15.91% drop in the past month, and a -90.75% drop in the past quarter. The volatility ratio for the week is 10.27%, and the volatility levels for the past 30 days are at 15.56% for GTI. The simple moving average for the past 20 days is -8.69% for GTI’s stock, with a -90.17% simple moving average for the past 200 days.
GTI Trading at -51.75% 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 -97.96% of loss for the given period.
Volatility was left at 15.56%, however, over the last 30 days, the volatility rate increased by 10.27%, as shares sank -3.89% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -89.61% lower at present.
During the last 5 trading sessions, GTI fell by -6.85%, which changed the moving average for the period of 200-days by -96.03% in comparison to the 20-day moving average, which settled at $0.3132. In addition, Graphjet Technology saw -68.23% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at GTI starting from SURIA SUKSES ENGINEERING SDN B, who sale 2,490,517 shares at the price of $0.46 back on Jan 14 ’25. After this action, SURIA SUKSES ENGINEERING SDN B now owns 0 shares of Graphjet Technology, valued at $1,145,638 using the latest closing price.
SURIA SUKSES ENGINEERING SDN B, the 10% Owner of Graphjet Technology, sale 2,000,000 shares at $0.42 during a trade that took place back on Jan 13 ’25, which means that SURIA SUKSES ENGINEERING SDN B is holding 2,490,517 shares at $840,000 based on the most recent closing price.
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 summary, Graphjet Technology (GTI) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. 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.
