In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The price of Globavend Holdings Ltd (NASDAQ: GVH) closed at $2.93 in the last session, down -17.70% from day before closing price of $3.56. In other words, the price has decreased by -$17.70 from its previous closing price. On the day, 0.81 million shares were traded. GVH stock price reached its highest trading level at $3.2763 during the session, while it also had its lowest trading level at $2.59.
Ratios:
We take a closer look at GVH’s different ratios to gain a better understanding of the stock. 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 4471511 and an Enterprise Value of -674908. As of this moment, Globavend’s Price-to-Earnings (P/E) ratio for their current fiscal year is 0.38. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.26 while its Price-to-Book (P/B) ratio in mrq is 0.06. Its current Enterprise Value per Revenue stands at -0.031 whereas that against EBITDA is -0.654.
Stock Price History:
The Beta on a monthly basis for GVH is 3.71, which has changed by -0.9732733 over the last 52 weeks, in comparison to a change of 0.17673707 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 $2.49. The 50-Day Moving Average of the stock is -29.22%, while the 200-Day Moving Average is calculated to be -95.88%.
Shares Statistics:
According to the various share statistics, GVH traded on average about 328.13K shares per day over the past 3-months and 1896610 shares per day over the past 10 days. 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.
