Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The price of GDS Holdings Limited ADR (NASDAQ: GDS) closed at $8.43 in the last session, down -3.55% from day before closing price of $8.74. In other words, the price has decreased by -$3.55 from its previous closing price. On the day, 0.84 million shares were traded. GDS stock price reached its highest trading level at $8.77 during the session, while it also had its lowest trading level at $8.41.
Ratios:
We take a closer look at GDS’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.32 and its Current Ratio is at 1.32. In the meantime, Its Debt-to-Equity ratio is 2.41 whereas as Long-Term Debt/Eq ratio is at 2.23.
Deutsche Bank Upgraded its Hold to Buy on March 17, 2023, while the target price for the stock was maintained at $20.
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 1681725952 and an Enterprise Value of 54623199232. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.13 while its Price-to-Book (P/B) ratio in mrq is 0.59. Its current Enterprise Value per Revenue stands at 5.486 whereas that against EBITDA is 13.408.
Stock Price History:
Over the past 52 weeks, GDS has reached a high of $15.05, while it has fallen to a 52-week low of $5.01. The 50-Day Moving Average of the stock is 17.03%, while the 200-Day Moving Average is calculated to be -7.07%.
Shares Statistics:
According to the various share statistics, GDS traded on average about 1.81M shares per day over the past 3-months and 1617310 shares per day over the past 10 days. A total of 185.11M shares are outstanding, with a floating share count of 175.69M. Insiders hold about 7.02% of the company’s shares, while institutions hold 22.39% stake in the company. Shares short for GDS as of 1713139200 were 11945283 with a Short Ratio of 5.76, compared to 1710460800 on 10842858.
