An Overview of Graphjet Technology (NASDAQ: GTI)’s Stock Performance and Outlook

In the last trading session, 3.02 million Graphjet Technology (NASDAQ:GTI) shares changed hands as the company’s beta touched 0.03. With the company’s per share price at $0.32 changed hands at $0.01 or 4.77% during last session, the market valuation stood at $47.66M. GTI’s last price was a discount, traded about -4275.0% 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 40.62% up since then. When we look at Graphjet Technology’s average trading volume, we note the 10-day average is 4.65 million shares, with the 3-month average coming to 15.89 million.

Graphjet Technology (NASDAQ:GTI) trade information

Instantly GTI was in green as seen at the end of in last trading. With action 1.50%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -63.91%, with the 5-day performance at 1.50% in the green. However, in the 30-day time frame, Graphjet Technology (NASDAQ:GTI) is -67.52% down. Looking at the short shares, we see there were 0.77 million shares sold at short interest cover period of 0.02 days.

Graphjet Technology (NASDAQ:GTI)’s Major holders

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 $13446.0 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 $3374.0.