Is Graphjet Technology (NASDAQ: GTI) a Risk-Worthy Bet for Bold Investors?

In the last trading session, 9.86 million Graphjet Technology (NASDAQ:GTI) shares changed hands as the company’s beta touched 0.39. With the company’s per share price at $0.1 changed hands at $0.01 or 10.53% during last session, the market valuation stood at $14.48M. GTI’s last price was a discount, traded about -5590.0% off its 52-week high of $5.69. The share price had its 52-week low at $0.06, which suggests the last value was 40.0% up since then. When we look at Graphjet Technology’s average trading volume, we note the 10-day average is 23.07 million shares, with the 3-month average coming to 23.92 million.

Graphjet Technology (NASDAQ:GTI) trade information

Instantly GTI was in green as seen at the end of in last trading. With action 29.70%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -97.83%, with the 5-day performance at 29.70% in the green. However, in the 30-day time frame, Graphjet Technology (NASDAQ:GTI) is -25.68% down. Looking at the short shares, we see there were 4.04 million shares sold at short interest cover period of 0.09 days.

GTI Dividends

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

Graphjet Technology (NASDAQ:GTI)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 94.37% of Graphjet Technology shares while 0.24% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 4.33%.

With 600.0 shares estimated at $59.0 under it, the former controlled 0.00% of total outstanding shares.

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