For Risk-Tolerant Investors, Graphjet Technology (NASDAQ: GTI) Is Worth A Shot

Graphjet Technology (NASDAQ:GTI)’s traded shares stood at 0.82 million during the latest session, with the company’s beta value hitting 0.15. At the last check today, the stock’s price was $0.45, to imply a decrease of -6.21% or -$0.03 in intraday trading. The GTI share’s 52-week high remains $14.00, putting it -3011.11% down since that peak but still an impressive 57.78% since price per share fell to its 52-week low of $0.19. The company has a valuation of $66.07M, with an average of 10.42 million shares in intraday trading volume over the past 10 days and average of 14.80 million shares over the past 3 months.

Graphjet Technology (NASDAQ:GTI) trade information

After registering a -6.21% downside in the latest session, Graphjet Technology (GTI) has traded red over the past five days. The 5-day price performance for the stock is -0.40%, and -52.38% over 30 days. With these gigs, the year-to-date price performance is -49.98%. Short interest in Graphjet Technology (NASDAQ:GTI) saw shorts transact 3.84 million shares and set a 0.1 days time to cover.

GTI Dividends

Graphjet Technology has its next earnings report out in February. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

Graphjet Technology (NASDAQ:GTI)’s Major holders

We also have SPDR (R) Idx Shares-SPDR (R) Emerging Markets Small Cap ETF and Fidelity NASDAQ Composite Index Fund as the top two Mutual Funds with the largest holdings of the Graphjet Technology (GTI) shares. Going by data provided on Sep 30, 2024, SPDR (R) Idx Shares-SPDR (R) Emerging Markets Small Cap ETF holds roughly 41.4 shares. This is just over 0.03% of the total shares, with a market valuation of $18389.0. Data from the same date shows that the other fund manager holds a little less at 10.39, or 0.01% of the shares, all valued at about 4615.0.