GigaCloud Technology Inc (NASDAQ: GCT) kicked off on Monday, up 9.24% from the previous trading day, before settling in for the closing price of $19.59. Over the past 52 weeks, GCT has traded in a range of $15.61-$45.18.
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A company in the Technology sector has jumped its sales by 59.39% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 34.93%. With a float of $27.38 million, this company’s outstanding shares have now reached $33.30 million.
In an organization with 1362 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 26.13%, operating margin of 12.93%, and the pretax margin is 13.79%.
GigaCloud Technology Inc (GCT) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Software – Infrastructure Industry. The insider ownership of GigaCloud Technology Inc is 32.74%, while institutional ownership is 26.83%. The most recent insider transaction that took place on Dec 27 ’24, was worth 87,500. In this transaction Head of BaaS Program of this company bought 5,000 shares at a rate of $17.50, taking the stock ownership to the 45,000 shares. Before that another transaction happened on Dec 18 ’24, when Company’s Chief Technology Officer sold 466 for $20.00, making the entire transaction worth $9,320. This insider now owns 0 shares in total.
GigaCloud Technology Inc (GCT) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 34.93% per share during the next fiscal year.
GigaCloud Technology Inc (NASDAQ: GCT) Trading Performance Indicators
Take a look at GigaCloud Technology Inc’s (GCT) current performance indicators. Last quarter, stock had a quick ratio of 1.39. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.81. Likewise, its price to free cash flow for the trailing twelve months is 7.33.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.17, a number that is poised to hit 0.81 in the next quarter and is forecasted to reach 3.48 in one year’s time.
Technical Analysis of GigaCloud Technology Inc (GCT)
Let’s dig in a bit further. During the last 5-days, its volume was 1.43 million. That was better than the volume of 1.34 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 87.24%. Additionally, its Average True Range was 1.39.
During the past 100 days, GigaCloud Technology Inc’s (GCT) raw stochastic average was set at 42.60%, which indicates a significant decrease from 90.20% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 66.30% in the past 14 days, which was lower than the 85.04% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $22.18, while its 200-day Moving Average is $26.70. However, in the short run, GigaCloud Technology Inc’s stock first resistance to watch stands at $22.17. Second resistance stands at $22.95. The third major resistance level sits at $24.00. If the price goes on to break the first support level at $20.35, it is likely to go to the next support level at $19.30. The third support level lies at $18.53 if the price breaches the second support level.
GigaCloud Technology Inc (NASDAQ: GCT) Key Stats
The company with the Market Capitalisation of 901.17 million has total of 40,972K Shares Outstanding. Its annual sales at the moment are 703,830 K in contrast with the sum of 94,110 K annual income. Company’s last quarter sales were recorded 303,320 K and last quarter income was 40,690 K.
