GigaCloud Technology Inc (GCT) is -0.43% away from 50-day simple Moving Average despite all headwinds

Witnessing the stock’s movement on the chart, on Thursday, GigaCloud Technology Inc (NASDAQ: GCT) had a quiet start as it plunged -4.19% to $24.26, before settling in for the price of $25.32 at the close. Taking a more long-term approach, GCT posted a 52-week range of $12.10-$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 70.87%. This publicly-traded company’s shares outstanding now amounts to $33.30 million, simultaneously with a float of $24.69 million. The organization now has a market capitalization sitting at $993.97 million. At the time of writing, stock’s 50-day Moving Average stood at $24.36, while the 200-day Moving Average is $28.27.

GigaCloud Technology Inc (GCT) Ownership Facts and Figures

Nothing is more important than checking the behaviour of major investors towards the stock of the Software – Infrastructure industry. GigaCloud Technology Inc’s current insider ownership accounts for 39.35%, in contrast to 26.86% institutional ownership.

GigaCloud Technology Inc (GCT) Earnings and Revenue Records

GigaCloud Technology Inc’s EPS increase for this current 12-month fiscal period is 70.87% and is forecasted to reach 3.86 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 1.39. The Stock has managed to achieve an average true range (ATR) of 1.73. Alongside those numbers, its PE Ratio stands at $7.66, and its Beta score is 1.74. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.90. Similarly, its price to free cash flow for trailing twelve months is now 8.09.

In the same vein, GCT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 3.17, a figure that is expected to reach 0.87 in the next quarter, and analysts are predicting that it will be 3.86 at the market close of one year from today.

Technical Analysis of GigaCloud Technology Inc (GCT)

Going through the that latest performance of [GigaCloud Technology Inc, GCT]. Its last 5-days volume of 0.96 million was inferior to the volume of 2.17 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 45.53% While, its Average True Range was 1.64.

Raw Stochastic average of GigaCloud Technology Inc (GCT) in the period of the previous 100 days is set at 55.10%, which indicates a major fall in contrast to 68.68% 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 64.46% that was lower than 85.42% volatility it exhibited in the past 100-days period.