In the past week, GITS stock has gone down by -12.56%, with a monthly decline of -30.37% and a quarterly plunge of -76.23%. The volatility ratio for the week is 26.81%, and the volatility levels for the last 30 days are 10.99% for Global Interactive Technologies Inc The simple moving average for the past 20 days is -25.19% for GITS’s stock, with a -65.73% simple moving average for the past 200 days.
Is It Worth Investing in Global Interactive Technologies Inc (NASDAQ: GITS) Right Now?
Moreover, the 36-month beta value for GITS is -3.31.
The public float for GITS is 1.99M and currently, short sellers hold a 0.73% of that float. On March 26, 2025, GITS’s average trading volume was 109.99K shares.
GITS) stock’s latest price update
The stock price of Global Interactive Technologies Inc (NASDAQ: GITS) has dropped by -16.44 compared to previous close of 1.80. Despite this, the company has seen a fall of -12.56% in its stock price over the last five trading days. accessnewswire.com reported 2025-02-10 that SEOUL, KOREA / ACCESS Newswire / February 10, 2025 / Global Interactive Technologies, Inc. (NASDAQ:GITS) (the “Company”), a media-tech company and creator of FANTOO, an all-in-one social media experience connecting k-culture fans globally, today announced that on February 10, 2025, the Company received a notification letter from the staff at the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”), confirming that it has regained compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) (the “Rule”). To regain compliance with the Rule, the Company’s common stock was required to maintain a minimum bid price of $1.00 or more for at least 10 consecutive business days by February 3, 2025.
GITS Trading at -37.69% from the 50-Day Moving Average
After a stumble in the market that brought GITS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -89.97% of loss for the given period.
Volatility was left at 10.99%, however, over the last 30 days, the volatility rate increased by 26.81%, as shares sank -34.61% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -65.69% lower at present.
During the last 5 trading sessions, GITS fell by -12.56%, which changed the moving average for the period of 200-days by -79.10% in comparison to the 20-day moving average, which settled at $2.0106. In addition, Global Interactive Technologies Inc saw -69.57% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for GITS
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.95.
Conclusion
To wrap up, the performance of Global Interactive Technologies Inc (GITS) has been bad in recent times. The stock has received a mixed of “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.
