GigaCloud Technology Inc (GCT) latest performance of -6.11% is not what was on cards

GigaCloud Technology Inc (NASDAQ: GCT) flaunted slowness of -6.11% at $17.36, before settling in for the price of $18.49 at the close. Taking a more long-term approach, GCT posted a 52-week range of $6.71-$45.18.

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In the past 5-years timespan, the Technology sector firm’s annual sales growth was 59.39%. Meanwhile, its Annual Earning per share during the time was 208.72%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 36.43%. This publicly-traded company’s shares outstanding now amounts to $31.46 million, simultaneously with a float of $21.50 million. The organization now has a market capitalization sitting at $713.32 million. At the time of writing, stock’s 50-day Moving Average stood at $24.83, while the 200-day Moving Average is $27.36.

GigaCloud Technology Inc (GCT) Ownership Facts and Figures

Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the GigaCloud Technology Inc industry. GigaCloud Technology Inc’s current insider ownership accounts for 47.67%, in contrast to 20.84% institutional ownership. According to the most recent insider trade that took place on Jun 28 ’24, this organization’s Director sold 149,693 shares at the rate of 30.19, making the entire transaction reach 4,518,733 in total value, affecting insider ownership by 4,069,889. Preceding that transaction, on Jun 27 ’24, Company’s President sold 5,000 for 30.21, making the whole transaction’s value amount to 151,061. This particular insider is now the holder of 25,000 in total.

GigaCloud Technology Inc (GCT) Earnings and Revenue Records

GigaCloud Technology Inc’s EPS increase for this current 12-month fiscal period is 36.43% and is forecasted to reach 4.00 in the upcoming year.

GigaCloud Technology Inc (NASDAQ: GCT) Trading Performance Indicators

Let’s observe the current performance indicators for GigaCloud Technology Inc (GCT). It’s Quick Ratio in the last reported quarter now stands at 1.19. The Stock has managed to achieve an average true range (ATR) of 1.46. Alongside those numbers, its PE Ratio stands at $6.25, and its Beta score is 1.79. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.72. Similarly, its price to free cash flow for trailing twelve months is now 6.33.

In the same vein, GCT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 2.78, a figure that is expected to reach 0.74 in the next quarter, and analysts are predicting that it will be 4.00 at the market close of one year from today.

Technical Analysis of GigaCloud Technology Inc (GCT)

Now, what If we examine the latest scores posted by [GigaCloud Technology Inc, GCT]. During the last 5-days, its volume was lower the volume of 2.38 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 23.66% While, its Average True Range was 1.40.

Raw Stochastic average of GigaCloud Technology Inc (GCT) in the period of the previous 100 days is set at 1.18%, which indicates a major fall in contrast to 4.73% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 81.93% that was higher than 66.91% volatility it exhibited in the past 100-days period.