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 $0.69 down -44.40% from the previous closing price of $1.25. In other words, the price has decreased by -$44.40 from its previous closing price. On the day, 0.84 million shares were traded.
Ratios:
For a better understanding of GVH, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.82 and its Current Ratio is at 1.82. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.00.
Valuation Measures:
As of this moment, Globavend’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.45. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.95 while its Price-to-Book (P/B) ratio in mrq is 2.89.
Stock Price History:
Over the past 52 weeks, GVH has reached a high of $1.82, while it has fallen to a 52-week low of $0.47. The 50-Day Moving Average of the stock is -37.22%, while the 200-Day Moving Average is calculated to be -14.42%.
Shares Statistics:
A total of 14.93M shares are outstanding, with a floating share count of 3.49M. Insiders hold about 76.65% of the company’s shares, while institutions hold 1.53% stake in the company.
