Global Interactive Technologies Inc (NASDAQ: GITS)’s stock price has increased by 16.43% compared to its previous closing price of $1.4. However, the company has seen a 13.99% increase in its stock price over the last five trading sessions. accessnewswire.com reported 2025-05-05 that SEOUL, KOREA / ACCESS Newswire / May 5, 2025 / Global Interactive Technologies, Inc. (NASDAQ:GITS) (the “Company”), announced that on April 30, 2025 the Company received written notice from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, based on the April 30, 2025 filing of the Company’s Form 10-K for the year ended December 31, 2024, the Company is now in compliance with Nasdaq’s listing requirements. About Global Interactive Technologies, Inc. Global Interactive Technologies, Inc., is the creator of the engaging and innovative social media platform, “FANING” FANING connects users around the world that share similar interests by providing distinctive service offerings, technologies, applications, and websites.
Is It Worth Investing in Global Interactive Technologies Inc (NASDAQ: GITS) Right Now?
Moreover, the 36-month beta value for GITS is -1.06.
The public float for GITS is 1.30M and currently, short sellers hold a 3.16% of that float. On July 03, 2025, GITS’s average trading volume was 964.17K shares.
GITS’s Market Performance
GITS’s stock has seen a 13.99% increase for the week, with a -29.74% drop in the past month and a 38.14% gain in the past quarter. The volatility ratio for the week is 10.43%, and the volatility levels for the past 30 days are at 11.93% for Global Interactive Technologies Inc The simple moving average for the past 20 days is 3.52% for GITS’s stock, with a -47.25% simple moving average for the past 200 days.
GITS Trading at 11.10% from the 50-Day Moving Average
After a stumble in the market that brought GITS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -89.13% of loss for the given period.
Stock Fundamentals for GITS
The total capital return value is set at -0.15.
Based on Global Interactive Technologies Inc (GITS), the company’s capital structure generated 0.06 points at debt to capital in total, while cash flow to debt ratio is standing at -1.23. The debt to equity ratio resting at 0.06. The interest coverage ratio of the stock is -81.75.
Currently, EBITDA for the company is -4.78 million with net debt to EBITDA at -0.08. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.00.
Conclusion
To wrap up, the performance of Global Interactive Technologies Inc (GITS) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
