Why Should You Add Graphjet Technology (GTI) To Your Portfolio?

Graphjet Technology (NASDAQ:GTI) has a beta value of -0.05 and has seen 4.76 million shares traded in the last trading session. The company, currently valued at $127.36M, closed the last trade at $0.95 per share which meant it lost -$0.08 on the day or -8.20% during that session. The GTI stock price is -1373.68% off its 52-week high price of $14.00 and 13.68% above the 52-week low of $0.82. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.35 million shares traded. The 3-month trading volume is 218.49K shares.

Graphjet Technology (NASDAQ:GTI) trade information

Sporting -8.20% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the GTI stock price touched $0.95 or saw a rise of 66.43%. Year-to-date, Graphjet Technology shares have moved -91.64%, while the 5-day performance has seen it change -65.87%. Over the past 30 days, the shares of Graphjet Technology (NASDAQ:GTI) have changed -68.27%. Short interest in the company has seen 88488.0 shares shorted with days to cover at 1.74.

Graphjet Technology (GTI) estimates and forecasts

The company’s shares have lost -84.75% over the past 6 months.

GTI Dividends

Graphjet Technology is expected to release its next earnings report in January this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Also the top two Mutual Funds that are holding company’s shares are SPDR (R) Idx Shares-SPDR (R) Emerging Markets Small Cap ETF and Fidelity NASDAQ Composite Index Fund . As of Sep 30, 2024 , the former fund manager holds about 0.03% shares in the company for having 41.4 shares of worth $39143.0 while later fund manager owns 10.39 shares of worth $9824.0 as of Oct 31, 2024 , which makes it owner of about 0.01% of company’s outstanding stock.