In the last trading session, 1.8 million GigaCloud Technology Inc (NASDAQ:GCT) shares changed hands as the company’s beta touched 2.12. With the company’s per share price at $31.75 changed hands at -$2.04 or -6.05% during last session, the market valuation stood at $1.29B. GCT’s last price was a discount, traded about -42.3% off its 52-week high of $45.18. The share price had its 52-week low at $4.93, which suggests the last value was 84.47% up since then. When we look at GigaCloud Technology Inc’s average trading volume, we note the 3-month average coming to 3.00 million.

GigaCloud Technology Inc (NASDAQ:GCT) trade information

Instantly GCT was in red as seen at the end of in last trading. With action -8.63%, the performance over the past five days has been red. The drop to weekly highs of 35.51 subtracted -6.05% to the stock’s daily price. The company’s shares are showing year-to-date upside of 73.54%, with the 5-day performance at -8.63% in the red. However, in the 30-day time frame, GigaCloud Technology Inc (NASDAQ:GCT) is -16.23% down.

GigaCloud Technology Inc (GCT) estimates and forecasts

Data shows that the GigaCloud Technology Inc share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 262.03% over the past 6 months, a 12.17% in annual growth rate that is considerably lower than the industry average of 17.30%. Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 208.72%. The 2024 estimates are for GigaCloud Technology Inc earnings to increase by 26.09%.