Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
Globavend Holdings Ltd (NASDAQ: GVH) closed the day trading at $1.38 down -4.17% from the previous closing price of $1.44. In other words, the price has decreased by -$4.17 from its previous closing price. On the day, 0.75 million shares were traded. GVH stock price reached its highest trading level at $1.54 during the session, while it also had its lowest trading level at $1.28.
Ratios:
For a better understanding of GVH, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 5.43 and its Current Ratio is at 5.43. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GVH now has a Market Capitalization of 2106036 and an Enterprise Value of -790995. As of this moment, Globavend’s Price-to-Earnings (P/E) ratio for their current fiscal year is 0.18. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.12 while its Price-to-Book (P/B) ratio in mrq is 0.03. Its current Enterprise Value per Revenue stands at -0.036 whereas that against EBITDA is -0.767.
Stock Price History:
The Beta on a monthly basis for GVH is 4.11, which has changed by -0.9898975 over the last 52 weeks, in comparison to a change of 0.14778805 over the same period for the S&P500. Over the past 52 weeks, GVH has reached a high of $364.00, while it has fallen to a 52-week low of $1.41. The 50-Day Moving Average of the stock is -65.32%, while the 200-Day Moving Average is calculated to be -98.02%.
Shares Statistics:
Over the past 3-months, GVH traded about 358.90K shares per day on average, while over the past 10 days, GVH traded about 2140380 shares per day. A total of 1.27M shares are outstanding, with a floating share count of 1.21M. Insiders hold about 4.51% of the company’s shares, while institutions hold 0.77% stake in the company. Shares short for GVH as of 1765756800 were 1850 with a Short Ratio of 0.01, compared to 1763078400 on 5432. Therefore, it implies a Short% of Shares Outstanding of 1850 and a Short% of Float of 0.13.
Earnings Estimates
Analysts are recommending an EPS of between $0.66 and $0.66 for the fiscal current year, implying an average EPS of $0.66. EPS for the following year is $1.01, with 1.0 analysts recommending between $1.01 and $1.01.
