Graphex Group Limited ADR (AMEX: GRFX) – Analysts’ Opinion Is Improving

Graphex Group Limited ADR (AMEX:GRFX) traded at $0.28 at last check on current trade day and made a downward move of -8.27% on its previous day’s price.

Looking at the stock we see that its previous close was $0.30 and the beta (5Y monthly) reads 0.615 with the day’s price range being $0.2744 – $0.3392. In terms of its 52-week price range, GRFX has a high of $0.99 and a low of $0.14. The company’s stock has gained about 31.68% over that past 30 days.

Graphex Group Limited ADR has a market cap of $16.15 million and is expected to release its quarterly earnings report in February.

According to analyst consensus estimates figures, the company’s yearly revenue forecast for current year is expected to hit 170.78M, or -41.50% down from figures reported last year.

On the other hand, looking at the outlook for the GRFX stock, short term indicators assign the stock an average of 50% Buy, while medium term indicators assign it an average of Hold.

Looking further, we note the current price level is 3.86% off its SMA20 and 17.63% from its 50-day simple moving average. The RSI (14) is pointing at 50.66 while the volatility over the past week is 32.55% and jumps to 29.18% over the past one month. The beta value is 1.48, while the average true range (ATR) is currently pointing at 0.07. The average price target for the stock over the next 12 months is $0.4, with the estimates having a low of $0.4 and a high of $0.4. These price ends are -42.86% and -42.86% off the today’s price level respectively, although investors could be excited at the prospect of a -42.86% if the GRFX share price touches on the median price of $0.4.

Coming back to Graphex Group Limited ADR (AMEX:GRFX), we note that the average 3-month trading volume was 639.26K, while that of the preceding 10-day period stands at 3.17 million. Current shares outstanding are 48.56 million.

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