In the last trading session, 4.36 million shares of the Graphjet Technology (NASDAQ:GTI) were traded, and its beta was 0.41. Most recently the company’s share price was $0.10, and it changed around $0.01 or 15.56% from the last close, which brings the market valuation of the company to $14.83M. GTI currently trades at a discount to its 52-week high of $11.09, offering almost -10990.0% off that amount. The share price’s 52-week low was $0.08, which indicates that the current value has risen by an impressive 20.0% since then. We note from Graphjet Technology’s average daily trading volume that its 10-day average is 3.28 million shares, with the 3-month average coming to 17.78 million.
Graphjet Technology (NASDAQ:GTI) trade information
Instantly GTI has showed a green trend with a performance of 15.56% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 0.1231 on recent trading dayincreased the stock’s daily price by 18.77%. The company’s shares are currently down -88.78% year-to-date, but still down -3.35% over the last five days. On the other hand, Graphjet Technology (NASDAQ:GTI) is -65.24% down in the 30-day period. We can see from the shorts that 1.31 million shares have been sold at a short interest cover period of 0.85 day(s).
Graphjet Technology (NASDAQ:GTI)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 51.67% of Graphjet Technology shares, and 0.51% of them are in the hands of institutional investors. The stock currently has a share float of 1.06%.