The Question Is Whether To Buy Or Not To Buy Graphjet Technology (NASDAQ: GTI)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

Stocks Info

Graphjet Technology is listed on the NASDAQ as a member of the Basic Materials sector and is a part of the Other Industrial Metals & Mining industry. The current market capitalization of Graphjet Technology is $47.66M. A total of 3.02 million shares were traded on the day, compared to an average of 15.89M shares.

In the most recent transaction, SURIA SUKSES ENGINEERING SDN B sold 2,490,517 shares of GTI for 0.46 per share on Jan 14 ’25. After the transaction, the 10% Owner now owns 0 company shares. In a previous transaction on Jan 13 ’25, SURIA SUKSES ENGINEERING SDN B sold 2,000,000 shares at 0.42 per share. GTI shares that 10% Owner owns now total 2,490,517.

Among the insiders who sold shares, SURIA SUKSES ENGINEERING SDN B disposed of 2,500,000 shares on Jan 10 ’25 at a per-share price of $0.46. This resulted in the 10% Owner holding 4,490,517 shares of GTI after the transaction. In another insider transaction, SURIA SUKSES ENGINEERING SDN B sold 1,645,916 shares at $0.47 per share on Jan 08 ’25. Company shares held by the 10% Owner now total 6,990,517.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, GTI has a high of $14.00 and a low of $0.19.

As of this writing, GTI has an earnings estimate of $0 per share for the current quarter.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. GTI’s latest balance sheet shows that the firm has $248.00 in Cash & Short Term Investments as of fiscal 2021. Its Book Value Per Share was -$0.05, while its Total Shareholder’s Equity was -$1.54k.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for GTI is Buy with a score of 3.00.

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