The trading price of Golden Heaven Group Holdings Ltd (NASDAQ:GDHG) closed higher on Tuesday, March 25, and closing at $3.81, 94.39% higher than its previous close.
Traders who pay close attention to intraday price movement should know that it fluctuated between $1.78 and $4.2. The company’s P/E ratio in the trailing 12-month period was 2.71. In examining the 52-week price action we see that the stock hit a 52-week high of $27.00 and a 52-week low of $0.72. Over the past month, the stock has gained 305.32% in value.
Golden Heaven Group Holdings Ltd, whose market valuation is $131.54 million at the time of this writing, is expected to release its quarterly earnings report in April. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by 0 per share this quarter, however they have predicted annual earnings per share of 0 for current year and 0 for next year.
On the technical side, indicators suggest GDHG has a 50% Sell on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Sell, while an average of long term indicators suggests that the stock is currently Hold.
A quick review shows that GDHG’s price is currently 204.79% off the SMA20 and 148.04% off the SMA50. The RSI metric on the 14-day chart is currently showing 88.86, and weekly volatility stands at 53.75%. When measured over the past 30 days, the indicator reaches 22.27%. Golden Heaven Group Holdings Ltd (NASDAQ:GDHG)’s beta value is currently sitting at -5.98, while the Average True Range indicator is currently displaying 0.38.
To see how Golden Heaven Group Holdings Ltd stock has been performing in comparison to its peers in the industry, here are the numbers: GDHG stock’s performance was 94.39% in the latest trading, and -83.92% in the past year. Golden Heaven Group Holdings Ltd has a P/E ratio of 2.71.
An evaluation of the daily trading volume of Golden Heaven Group Holdings Ltd (NASDAQ:GDHG) indicates that the 3-month average is 560.59K. However, this figure has increased over the past 10 days to an average of 5.07.
Currently, records show that 3.92 million of the company’s shares remain outstanding. The insiders hold 81.89% of outstanding shares, whereasinstitutions hold 1.54%. The stats also highlight that short interest as of 2025-02-28, stood at 47374.0 shares, resulting in a short ratio of 0.26 at that time. From this, we can conclude that short interest is 128.00 of the company’s total outstanding shares. It is noteworthy that short shares in February were down slightly from the previous month’s figure, which was 0.13 million. However, since the stock’s price has seen 64.94% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
