Now Is The Time To Build A Position In Graphjet Technology (NASDAQ:GTI)

In the last trading session, 8.66 million Graphjet Technology (NASDAQ:GTI) shares changed hands as the company’s beta touched 0.26. With the company’s per share price at $0.43 changed hands at -$0.01 or -2.35% during last session, the market valuation stood at $62.70M. GTI’s last price was a discount, traded about -3155.81% off its 52-week high of $14.00. The share price had its 52-week low at $0.19, which suggests the last value was 55.81% up since then. When we look at Graphjet Technology’s average trading volume, we note the 10-day average is 57.79 million shares, with the 3-month average coming to 14.34 million.

Graphjet Technology (NASDAQ:GTI) trade information

Instantly GTI was in red as seen at the end of in last trading. With action -51.99%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -52.52%, with the 5-day performance at -51.99% in the red. However, in the 30-day time frame, Graphjet Technology (NASDAQ:GTI) is -74.41% down. Looking at the short shares, we see there were 96054.0 shares sold at short interest cover period of 0.15 days.

GTI Dividends

Graphjet Technology is expected to release its next quarterly earnings report in February.

Among Mutual Funds, the top two as of Sep 30, 2024 were SPDR (R) Idx Shares-SPDR (R) Emerging Markets Small Cap ETF and Fidelity NASDAQ Composite Index Fund . With 41.4 shares estimated at $17690.0 under it, the former controlled 0.03% of total outstanding shares. On the other hand, Fidelity NASDAQ Composite Index Fund held about 0.01% of the shares, roughly 10.39 shares worth around $4440.0.