In the latest session, Chindata Group Holdings Limited (NASDAQ: CD) closed at $6.33 down -2.76% from its previous closing price of $6.51. In other words, the price has decreased by -$0.18 from its previous closing price. On the day, 1737204 shares were traded. CD stock price reached its highest trading level at $6.59 during the session, while it also had its lowest trading level at $6.09.
From Robots to Self-Driving Cars: 5 AI Stocks to Consider for Your Portfolio
The artificial intelligence (AI) revolution is already here and it's about to change everything we know about everything. With the global market for AI projected to grow from $137 billion in 2022 to over $1.81 trillion by 2030, there's never been a better time to invest in this burgeoning industry. That's why we've compiled a list of the Top 5 AI Stocks to Buy for 2023. These companies are at the forefront of the AI revolution, and have the potential to deliver huge returns to investors like you.
Get our free report, "Top 5 AI Stocks to Buy for 2023".
Sponsored
Ratios:
For a deeper understanding of Chindata Group Holdings Limited’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.20 and its Current Ratio is at 2.20. In the meantime, Its Debt-to-Equity ratio is 0.79 whereas as Long-Term Debt/Eq ratio is at 0.70.
Upgrades & Downgrades
On December 13, 2021, Credit Suisse Downgraded its rating to Neutral which previously was Outperform but kept the price unchanged to $8.30.
On August 18, 2021, JP Morgan started tracking the stock assigning a Overweight rating and target price of $18.JP Morgan initiated its Overweight rating on August 18, 2021, with a $18 target price.
Valuation Measures:
As of this moment, Chindata’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.02. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.14 while its Price-to-Book (P/B) ratio in mrq is 1.51.
Stock Price History:
Over the past 52 weeks, CD has reached a high of $9.21, while it has fallen to a 52-week low of $3.75. The 50-Day Moving Average of the stock is 7.91, while the 200-Day Moving Average is calculated to be 7.49.
Shares Statistics:
For the past three months, CD has traded an average of 1.18M shares per day and 1.06M over the past ten days. A total of 365.21M shares are outstanding, with a floating share count of 176.61M. Insiders hold about 0.64% of the company’s shares, while institutions hold 48.70% stake in the company. Shares short for CD as of Jan 12, 2023 were 5.06M with a Short Ratio of 5.75M, compared to 4.45M on Dec 14, 2022.
Earnings Estimates
There are 0 different market analysts currently analyzing its stock. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0. EPS for the following year is $0, with 0 analysts recommending between $0 and $0.