GigaCloud Technology Inc (NASDAQ: GCT) experienced a decrease of -7.58% in its stock price, opening at $21.69 on January 10, 2024. Throughout the day, the stock reached a high of $26.45 and a low of $21.00 before closing at $23.47. Looking at the bigger picture, GCT has seen a 52-week range of $4.79 to $24.01.
Over the past five years, GigaCloud Technology Inc, a firm in the Technology sector, has maintained an impressive annual sales growth rate of 64.64%. Additionally, its earnings per share (EPS) for this year stands at 227.50%. The company has 26.73 million shares outstanding and a market capitalization of $879.10 million. Currently, the stock’s 50-day Moving Average is $13.30, while the 200-day Moving Average is $9.52.
Efficiency-wise, GigaCloud Technology Inc generated $641,454 per employee during the last fiscal year, with an income per employee of $30,145. The company had a receivables turnover of 18.52 and a total asset turnover of 1.62. In terms of profitability, its gross margin was +16.87, operating margin was +7.15, and pretax margin was +6.36.
Furthermore, GigaCloud Technology Inc has a high insider ownership of 83.00% compared to institutional ownership at 5.76%. The company achieved a net margin of +4.70 and a return on equity of 14.34. Analysts on Wall Street expect earnings of $2.64 per share in the next fiscal year.
Currently, GigaCloud Technology Inc’s quick ratio stands at 1.84, with an average true range (ATR) of 2.15. The stock has a PE ratio of $12.19 and a Beta score of 1.87. Its price-to-sales ratio for the trailing twelve months is 1.50, while its price-to-free-cash-flow stands at 8.46.
Diluted EPS (Earnings per Share) for GigaCloud Technology Inc over the trailing twelve months is recorded at 1.78. Analysts predict it will reach 0.58 in the next quarter and project a figure of 2.29 for the market close one year from now.
Over the last five days, GigaCloud Technology Inc has seen higher trading volume compared to the same period a year ago. Its stochastic %D in the previous nine days was recorded at 74.72%, and its Average True Range was 2.53.
The stock’s raw stochastic average over the previous 100 days has seen a significant rise, reaching 75.89% compared to 59.93% in the last two weeks. GigaCloud Technology Inc’s historic volatility over the past 14 days was 110.37%, higher than the 110.32% exhibited over the past 100 days.
Taking all these factors into consideration, investors should closely monitor GigaCloud Technology Inc’s performance in the coming months, as it continues to navigate the volatile stock market.
