Graphex Group Limited ADR (AMEX:GRFX) shares, rose in value, with the stock price up by 0.08% to the previous day’s close as strong demand from buyers drove the stock to $0.24.
Actively observing the price movement in the last trading, the stock closed the session at $0.24. Referring to stock’s 52-week performance, its high was $1.94, and the low was $0.20. On the whole, GRFX has fluctuated by -22.79% over the past month.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that GRFX’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of GRFX currently trading nearly -5.33% and -32.90% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 39.30, while the 7-day volatility ratio is showing 35.28% which for the 30-day chart, stands at 17.94%. Furthermore, Graphex Group Limited ADR (GRFX)’s beta value is 1.58, and its average true range (ATR) is 0.05.
A comparison of Graphex Group Limited ADR (GRFX) with its peers suggests the former has fared considerably weaker in the market. GRFX showed an intraday change of 0.08% in last session, and over the past year, it shrunk by -78.16%%.
Data on historical trading for Graphex Group Limited ADR (AMEX:GRFX) indicates that the trading volumes over the past 3 months, they’ve averaged 134.94K. According to company’s latest data on outstanding shares, there are 44.93 million shares outstanding.
Graphex Group Limited ADR’s shares belong to company insiders and institutional investors own 5.76% of the company’s shares. The stock has fallen by -72.40% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the GRFX stock heading into the next quarter.
