GDS Holdings Limited ADR (NASDAQ:GDS) price on current trading day, fall -13.97% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $30.61.
A look at the stock’s price movement, the close in the last trading session was $35.58, moving within a range at $29.01 and $32.6793. The beta value (5-Year monthly) was 0.06. Turning to its 52-week performance, $52.50 and $5.85 were the 52-week high and 52-week low respectively. Overall, GDS moved -24.92% over the past month.
GDS Holdings Limited ADR’s market cap currently stands at around $5.78 billion, with investors looking forward to this quarter’s earnings report slated for on 2024-Nov-18.
Analysts have a consensus estimate of 2.97B for the company’s revenue for the quarter, with a low and high estimate of 2.78B and 3.15B respectively. The average forecast suggests up to a 12.91% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 12.41B, representing a 20.25% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that GDS is a 50% Buy. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
7 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 7 recommend GDS as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
GDS’s current price about -18.43% and -1.61% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 42.37, while 7-day volatility ratio is 7.05% and 9.32% in the 30-day chart. Further, GDS Holdings Limited ADR (GDS) has a beta value of 0.09, and an average true range (ATR) of 3.55. Analysts have given the company’s stock an average 52-week price target of $27.06, forecast between a low of $27.06 and high of $27.06. Looking at the price targets, the low is 11.6% off current price level while to achieve the yearly target high, price needs to move 11.6%. Nonetheless, investors will most likely welcome a 11.6% jump to $27.06 which is the analysts’ median price.
If we refocus on GDS Holdings Limited ADR (NASDAQ:GDS), historical trading data shows that trading volumes averaged 3.81 over the past 10 days and 3.13 million over the past 3 months. The company’s latest data on shares outstanding shows there are 188.95 million shares.
The 2.61% of GDS Holdings Limited ADR’s shares are in the hands of company insiders while institutional holders own 34.88% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 10.53 million on 2025-02-28, giving us a short ratio of 2.46. The data shows that as of 2025-02-28 short interest in GDS Holdings Limited ADR (GDS) stood at 1069.0 of shares outstanding, with shares short rising to 5.37 million registered in 2025-01-31. Current price change has pushed the stock 28.83% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the GDS stock continues to rise going into the next quarter.
