During the last session, GigaCloud Technology Inc (NASDAQ:GCT)’s traded shares were 2.27 million, with the beta value of the company hitting 1.87. At the end of the trading day, the stock’s price was $35.91, reflecting an intraday loss of -2.95% or -$1.09. The 52-week high for the GCT share is $45.18, that puts it down -25.81 from that peak though still a striking 86.27% gain since the share price plummeted to a 52-week low of $4.93. The company’s market capitalization is $1.46B, and the average trade volume was 3.01 million shares over the past three months.
GigaCloud Technology Inc (NASDAQ:GCT) trade information
GigaCloud Technology Inc (GCT) registered a -2.95% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -2.95% in intraday trading to $35.91, hitting a weekly high. The stock’s 5-day price performance is 2.72%, and it has moved by 29.59% in 30 days. Based on these gigs, the overall price performance for the year is 577.55%.
GigaCloud Technology Inc (GCT) estimates and forecasts
Statistics show that GigaCloud Technology Inc has outperformed its competitors in share price, compared to the industry in which it operates. GigaCloud Technology Inc (GCT) shares have gone up 332.65% during the last six months, with a year-to-date growth rate more than the industry average at 29.57% against 18.50. In the rating firms’ projections, revenue will increase 57.50% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 243M as predicted by 2 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 270.7M by the end of current fiscal year.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 208.72%. While earnings are projected to return 26.52% in 2024.
GCT Dividends
GigaCloud Technology Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
