On Monday, GigaCloud Technology Inc (NASDAQ: GCT) was -4.85% drop from the session before settling in for the closing price of $13.31. A 52-week range for GCT has been $11.85 – $41.31.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 60.50%. When this article was written, the company’s average yearly earnings per share was at -8.96%. With a float of $26.33 million, this company’s outstanding shares have now reached $32.27 million.
Considering the fact that the conglomerate employs 1561 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 24.57%, operating margin of 11.26%, and the pretax margin is 12.11%.
GigaCloud Technology Inc (GCT) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward GigaCloud Technology Inc stocks. The insider ownership of GigaCloud Technology Inc is 33.28%, while institutional ownership is 31.33%. 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) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.74 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -8.96% per share during the next fiscal year.
GigaCloud Technology Inc (NASDAQ: GCT) Trading Performance Indicators
You can see what GigaCloud Technology Inc (GCT) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.41. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.44. Likewise, its price to free cash flow for the trailing twelve months is 3.56.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.05, a number that is poised to hit 0.52 in the next quarter and is forecasted to reach 3.30 in one year’s time.
Technical Analysis of GigaCloud Technology Inc (GCT)
Compared to the last year’s volume of 1.08 million, its volume of 1.26 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 18.74%. Additionally, its Average True Range was 1.05.
During the past 100 days, GigaCloud Technology Inc’s (GCT) raw stochastic average was set at 4.67%, which indicates a significant decrease from 18.41% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 60.42% in the past 14 days, which was lower than the 65.87% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $17.27, while its 200-day Moving Average is $21.94. Nevertheless, the first resistance level for the watch stands at $13.51 in the near term. At $14.35, the stock is likely to face the second major resistance level. The third major resistance level sits at $15.08. If the price goes on to break the first support level at $11.94, it is likely to go to the next support level at $11.21. Should the price break the second support level, the third support level stands at $10.37.
GigaCloud Technology Inc (NASDAQ: GCT) Key Stats
There are 40,066K outstanding shares of the company, which has a market capitalization of 507.44 million. As of now, sales total 1,161 M while income totals 125,810 K. Its latest quarter income was 295,780 K while its last quarter net income were 30,960 K.
