Graphjet Technology (NASDAQ:GTI) Share Price Rebounds 9.09% From The Lows – But Can It Keep Going?

EVTL

In recent trading session, Graphjet Technology (NASDAQ:GTI) saw 0.89 million shares changing hands at last check today with its beta currently measuring 0.35. Company’s recent per share price level of $0.11 trading at -$0.01 or -6.84% at last check today assigns it a market valuation of $16.00M. That most recent trading price of GTI’s stock is at a discount of -12627.27% from its 52-week high price of $14.00 and is indicating a premium of 9.09% from its 52-week low price of $0.10. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 9.13 million shares which gives us an average trading volume of 18.26 million if we extend that period to 3-months.

Graphjet Technology (NASDAQ:GTI) trade information

Upright in the red during last session for losing -6.84%, in the last five days GTI remained trading in the red while hitting it’s week-highest on Wednesday, 03/12/25 when the stock touched $0.11 price level, adding 19.77% to its value on the day. Graphjet Technology’s shares saw a change of -87.89% in year-to-date performance and have moved -22.42% in past 5-day. Graphjet Technology (NASDAQ:GTI) showed a performance of -64.72% in past 30-days. Number of shares sold short was 1.31 million shares which calculate 0.85 days to cover the short interests.

Graphjet Technology (NASDAQ:GTI)’s Major holders

Insiders are in possession of 51.67% of company’s total shares while institution are holding 0.51 percent of that, with stock having share float percentage of 1.06%. Investors also watch the number of corporate investors in a company very closely, which is 0.51% institutions for Graphjet Technology that are currently holding shares of the company.

On the other hand, Fidelity NASDAQ Composite Index Fund and SPDR (R) Idx Shares-SPDR (R) Emerging Markets Small Cap ETF are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 79.51 shares of worth $8826.0 or 0.05% of the total outstanding shares. The later fund manager was in possession of 39.38 shares on Dec 31, 2024 , making its stake of worth around $4370.0 in the company or a holder of 0.03% of company’s stock.