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The closing price of GDS Holdings Limited ADR (NASDAQ: GDS) was $21.57 for the day, up 1.94% from the previous closing price of $21.16. In other words, the price has increased by $1.94 from its previous closing price. On the day, 1.23 million shares were traded. GDS stock price reached its highest trading level at $22.75 during the session, while it also had its lowest trading level at $21.23.
Ratios:
Our analysis of GDS’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.39 and its Current Ratio is at 1.39. In the meantime, Its Debt-to-Equity ratio is 2.58 whereas as Long-Term Debt/Eq ratio is at 2.28.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, RBC Capital Mkts on July 08, 2024, Upgraded its rating to Outperform and sets its target price to $14 from $13 previously.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Sep 11 ’24 when Liang Yan bought 7,341 shares for $16.91 per share.
Qian Yixin bought 5,000 shares of GDS for $82,000 on Aug 29 ’24. On Aug 29 ’24, another insider, Liang Yan, who serves as the Officer of the company, bought 10,000 shares for $16.40 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GDS now has a Market Capitalization of 4441176576 and an Enterprise Value of 76493086720. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.80 while its Price-to-Book (P/B) ratio in mrq is 1.66. Its current Enterprise Value per Revenue stands at 7.265 whereas that against EBITDA is 18.112.
Stock Price History:
Over the past 52 weeks, GDS has reached a high of $23.81, while it has fallen to a 52-week low of $5.01. The 50-Day Moving Average of the stock is 20.51%, while the 200-Day Moving Average is calculated to be 104.27%.
Shares Statistics:
GDS traded an average of 1.69M shares per day over the past three months and 1515690 shares per day over the past ten days. A total of 185.11M shares are outstanding, with a floating share count of 176.10M. Insiders hold about 6.80% of the company’s shares, while institutions hold 31.28% stake in the company. Shares short for GDS as of 1727654400 were 5552779 with a Short Ratio of 3.28, compared to 1724976000 on 6988759. Therefore, it implies a Short% of Shares Outstanding of 5552779 and a Short% of Float of 5.6399997.
