Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
Golden Heaven Group Holdings Ltd (NASDAQ: GDHG) closed the day trading at $0.28 down -15.99% from the previous closing price of $0.33. In other words, the price has decreased by -$15.99 from its previous closing price. On the day, 2.11 million shares were traded. GDHG stock price reached its highest trading level at $0.3363 during the session, while it also had its lowest trading level at $0.2612.
Ratios:
For a better understanding of GDHG, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.99 and its Current Ratio is at 0.99. In the meantime, Its Debt-to-Equity ratio is 0.10 whereas as Long-Term Debt/Eq ratio is at 0.10.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GDHG now has a Market Capitalization of 14521051 and an Enterprise Value of 20565626. As of this moment, Golden’s Price-to-Earnings (P/E) ratio for their current fiscal year is 2.13. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.37 while its Price-to-Book (P/B) ratio in mrq is 0.24. Its current Enterprise Value per Revenue stands at 0.647 whereas that against EBITDA is 1.459.
Stock Price History:
Over the past 52 weeks, GDHG has reached a high of $24.99, while it has fallen to a 52-week low of $0.20. The 50-Day Moving Average of the stock is -28.36%, while the 200-Day Moving Average is calculated to be -94.47%.
Shares Statistics:
Over the past 3-months, GDHG traded about 2.98M shares per day on average, while over the past 10 days, GDHG traded about 2510040 shares per day. A total of 51.75M shares are outstanding, with a floating share count of 17.62M. Insiders hold about 57.79% of the company’s shares, while institutions hold 0.77% stake in the company. Shares short for GDHG as of 1713139200 were 577801 with a Short Ratio of 0.19, compared to 1710460800 on 657890. Therefore, it implies a Short% of Shares Outstanding of 577801 and a Short% of Float of 1.6.
